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, 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, 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 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.
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, GoJek acquired Indonesia’s mobile payments startup Moka for $120MM, paving the way to becoming the leading digital payments player in Indonesia.
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, 3 year old Udaan raised $585MM, helping the fastest Indian unicorn reaching a valuation of close to $3Bn.
Last fortnight, DailyHunt was in the midst of closing its $30MM+ funding round to take it north of a $500MM valuation.
Last fortnight, BlackBuck reported it was planning to scale to a million drivers as it raised capital to be a unicorn.
Last fortnight, online insurance platform PolicyBazaar was looking to raise $300MM at a $1.5Bn valuation.
Last week, entertainment ticketing platform BookMyShow was looking to raise $100MM, vaulting it to a unicorn valued at $1.1Bn.
Last week, B2B online listing platform IndiaMart had a $60MM IPO subscribed 36 times, a big first for an online Indian e-commerce player.
Last week, real estate startup NoBroker raised $51MM to bolster its push to capture the real estate brokerage market.
Last week, BigBasket raised $150MM to push for pole position in the hot Indian grocery space, resulting in the company becoming a unicorn.