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.

Mishra is the founder and CEO of Afthonia, an incubator for fintech startups.

When Alibaba’s investments started faltering, it changed its focus to Southeast Asia and India became a low priority.