Last fortnight, Licious reported a 300% annualized growth rate, propelling the direct to home meat and seafood startup to one of the fastest growing brands in the country.
Last week, Pharmeasy proposed a merger with rival Medlife to create a unicorn, soon followed by Reliance’s acquisition of Netmeds to cap off an intense fortnight for e-pharmacies.
Last fortnight, InMobi was in conversations to raise $250MM for its rapidly growing business Glance, hot on the heels of Roposo filling the void left by TikTok.
Last fortnight, Amul reported an annual revenue of more than 32K Cr ($5Bn), growing an incredible 20% at scale, and exploding during the lockdown.
Last fortnight, BYJUs raised to push its valuation above $10Bn, while also being close to acquiring Doubtnut, capping a heady few months for EdTech accelerated by a lockdown.
Last fortnight, TikTok stepped into a maelstrom of a ratings collapse, being ripped off by a clone and getting uninstalled for being a “Chinese” product.
Last fortnight, everything in business news was Reliance, Reliance and only Reliance.
Last fortnight, Zomato was reported to be buying grocery delivery upstart Grofers for $750MM, as the country’s lockdown saw a surge in groceries and a collapse in eating out.
Last fortnight, EdTech upstart Unacademy disclosed details of its $110M Series E raise, being one of the few bright spots in a global economy ravaged by panic.
Last Fortnite, Reliance Chairman Mukesh Ambani observed that gaming can become bigger than movies, music and TV shows put together, a week before the annual Indian gaming awards were swept by Indian startups.
Last fortnight, health tech upstart Practo released Practo Insights showing growth in search queries, and how healthcare in India is evolving.
Last fortnight, Shopee was ranked the most positively discussed brand in Malaysia, beating the likes of WhatsApp and competitor Lazada to cap off an epic 2019.
Last week, Zomato acquired UberEats for an equity valuation of $350MM, giving Uber 10% of Zomato in return and driving a consolidation in foodtech.
Last week, India’s namkeen industry held a convention commemorating annual sales of INR 1 lakh Cr ($14Bn), led by snacks giant Haldiram's.
We are at the end of the year, the end of a decade, and the beginning of a time to reflect on the year gone by.
Last fortnight, home security upstart MyGate raised $56MM to expand its technology offering to more Indian homes.
Last fortnight, MX Player raised a $100MM, adding more firepower to fight in the fast-growing OTT market.
Last fortnight, Zivame raised a venture debt round as part of its $50MM financing to help get it to profitability.
Last fortnight, DailyHunt was in the midst of closing its $30MM+ funding round to take it north of a $500MM valuation.
Last fortnight, finance minister Ms. Nirmala Sitharaman claimed that millenials using Uber and Ola are the reason for the slowdown of the auto economy, resulting in many supporters and many memes.