Flushed with VC money, not only did edtech startups begin to thrive in India last year, but many of them also started harboring dreams of going global.

Locus plans to use the funds for improving geographical reach as well as building its research and development team to expand its product line.

Dunzo claimed to have a 350% surge in medicine orders on its app since January 2021.

RedSeer projects the Indian social commerce sector to become a USD 7 billion opportunity by 2025, contributing up to 5% to the total e-commerce market.

InfraMarket connects real estate builders with manufacturers of construction materials such as paint, cement, and iron.

Paytm, India’s most valued startup at USD 16 billion, has become the latest high-profile company looking to go public.

A report by IAMAI and Nielsen said rural India had 227 million active internet users, while urban India accounted for 205 million users.

FDI equity inflow grew by 19% in the FY 2020-21 to reach USD 59.64 billion, compared to USD 49.98 billion a year ago.