WEH invests USD 100,000 to 400,000 in seed-stage startups and has backed a dozen companies so far.

Zomato temporarily rolled out grocery delivery service last year when India was under lockdown and the demand for groceries had picked up.

PUBG had 170 million installations in India, contributing 24% of its total downloads.

The year-old company competes with startups like Teacherr, ODA Class, eduZilla, SkoolApp, and Classplus among others.

The recovery of India’s mobility sector is likely to go on a downward trajectory in the coming months as many states go into lockdown.

Startups such as Urban Company, Paytm, and Byju’s have set up relief funds to help employees impacted by COVID-19.

India added 12 unicorns from January to April. Four of these firms operate in the B2B sector, and more will follow.

Tiger Global’s appetite for growth-to-late stage deals—the flavor of the season—is the biggest driver bumping the valuation of late-stage startups.