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.
What the Economy Wears
Innerwear sales are found to one of the most accurate leading indicators of the health of the economy.
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.
In 1996, Yashish Dahiya opted out of IIM Ahmedabad’s campus placements to give home tuitions.
He realised that tuitions would earn him a higher salary compared to a job for just 2 hours of work each day.
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.
To Be or Not to Be
After a few years of moving to the US, in 1995 Dinesh Agarwal got some interesting news from back home.
India was launching the Internet in 1995, and Mr.
Last week, BigBasket raised $150MM to push for pole position in the hot Indian grocery space, resulting in the company becoming a unicorn.