This round will value Dream11 at around USD 4 billion.

Niki, an AI-enabled household manager for small town consumers, helps users order groceries as well as pay utility bills.

The report said that 54% of founders had a positive fundraising experience, while 24% claimed otherwise.

This funding round will give an exit to some of its early investors with returns ranging between six-seven times.

India’s online grocery market is laden with multiple big players such as Amazon, Flipkart, BigBasket, JioMart, Grofers, Dunzo, and Swiggy.

New Delhi welcomes move in line with self-reliant manufacturing push.

The pandemic has helped B2B edtech startups find their footing as more and more schools have opened up to adopt their offerings.

The acquisition will give a full exit to Alibaba and private equity firm Abraaj Group.