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According to Inc42 Plus’ analysis, Indian tech startups have raised a whopping $9 Bn funding in the first five months of 2021. → Read More
PlumHQ has raised $15.6 Mn in its Series A funding round led by Tiger Global to build insurance products for SMEs that have a smaller team. → Read More
PharmEasy is in talks with Tiger Global and Facebook cofounder Eduardo Saverin’s B Capital to raise $40 Mn funding at a valuation of $1.8 Bn. → Read More
Kodo, which offers corporate cards and spend management tools for startups, has raised $8.75 Mn in seed funding from Brex and others. → Read More
Vijay Shekhar Sharma-led digital payments giant Paytm is reportedly planning to raise $3 Bn in an IPO by November this year. → Read More
Online pharmacy unicorn PharmEasy, run by API Holdings, is exploring options for its IPO in order to raise $500 Mn, at a valuation of $3 Bn. → Read More
WhatsApp is suing the Indian government in Delhi high court, challenging the new information technology (IT) rules of 2021. → Read More
Logistics management startup FarEye has raised $100 Mn in its Series E funding round led by TCV and Dragoneer Investment Group. → Read More
Zeta is the latest Indian unicorn, after raising $250 Mn in its Series D funding round led by Japanese conglomerate SoftBank. → Read More
Overall, $591 Mn was invested in Indian startups across 27 deals this week, with spactech startups Agnikul and Skyroot raising $11 Mn each. → Read More
Online grocery startup BigBasket has clocked gross sales of $1.1 Bn or INR 8,000 Cr in FY2021, and expects to clock in $1.7 Bn sales in FY22 → Read More
CAIT alleged that Flipkart has created two-tiers of business, which only exist on paper for tax evasion and violating India's FDI policy → Read More
Tiger Global led GOAT Brand Labs’ first venture round of $20 Mn, which also saw participation from Mayfield and Flipkart’s venture fund. → Read More
CarTrade filed its Draft Red Herring prospectus for its INR 2K Cr IPO, where five of its largest stakeholders will be offloading thier stake → Read More
Virohan, which is an edtech startup providing training for paramedics and allied healthcare practitioners, has raised $3 Mn Series A funding. → Read More
Indian startups raised only $116 Mn funding in the first half of May, compared to $2.5 Mn in April 2021, as per Inc42 analysis. → Read More
Overall, $25 Mn was invested in Indian startups across 19 deals this week. Acko General Insurance may be the next unicorn. → Read More
Disney+ Hotstar may be a strong contributor to Disney+’s subscriber base, but it hasn’t been able to leave quite a mark in terms of revenue → Read More
Mukesh Ambani owned Reliance Jio topped the 4G speed chart with data download rate of 20.1 Mbps in April 2021, as per TRAI report. → Read More
Homegrown digital payments giant Paytm is likely to get about 7% stake in QR code-based payments business PayPay Japan. → Read More