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, 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, GoJek acquired Indonesia’s mobile payments startup Moka for $120MM, paving the way to becoming the leading digital payments player in Indonesia.
Last week, entertainment ticketing platform BookMyShow was looking to raise $100MM, vaulting it to a unicorn valued at $1.1Bn.
Last week, BigBasket raised $150MM to push for pole position in the hot Indian grocery space, resulting in the company becoming a unicorn.
Last week, video streaming platform Hotstar raised $153MM, post which it launched a 365 INR VIP subscription plan.
Last week, Ola raised $100MM from Flipkart co-founder Sachin Bansal as part of its $1Bn raise for expanding into new verticals and geographies.
Last week, online marketplace unicorn ShopClues launched an international platform to help Indian buyers access global products.
Last week, Snapdeal's founders publicly talked about turning around the troubled company. Snapdeal's is the story of the poster boy of the Indian ecosystem, with a very big twist.
Last week, hospitality unicorn OYO raised $1Bn to fuel its growth in the Asian market and beyond.
Last week, payments decacorn Paytm raised $350MM from Warren Buffet's conglomerate holding giant Berkshire Hathaway.
Last week, coworking giant WeWork raised $1Bn to accelerate its growth, while Indian coworking upstart Awfis raised $20MM, bringing the amount raised to $8.1Bn for the former and $50MM for the latter.
The battle for food at your doorstep intensified this week with Swiggy becoming a unicorn and competitor Zomato following up with fundraising talks 2 days later.
One of the very intriguing announcements last November was Zomato's Gold. As a concept, Gold is fairly straightforward - you sign up for a subscription that gives you access to a free dish/beverage at a partner restaurant.