Last week, vernacular social network ShareChat was in the process of raising $200MM, hot on the heels of acquiring vernacular video sharing app Clip.
Last week, Swiggy invested in Fingerlix and was in the lead to acquire UberEats, just a few weeks after acquiring Kinto.ai
Last week, beauty e-commerce platform Nykaa was looking to raise $30MM, after raising $20MM last year.
Last week, e-commerce marketplace Zilingo raised $225M, putting the company in touching distance of unicorn-dom.
Last week, Pune based FirstCry raised $400MM from Softbank, putting it in touching distance of being a unicorn.
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, grocery delivery startup Grofers was said to be raising $125-150MM of capital from its early backer Softbank.
Last week, online marketplace unicorn ShopClues launched an international platform to help Indian buyers access global products.
Last week, online second-hand vehicle marketplace Droom raised $30MM, shortly after competitor Cars24 had raised $50MM.
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, Amazon-Samaara acquired troubled retail chain More for INR 4,200 Cr (~$600MM).
Last week, payments decacorn Paytm raised $350MM from Warren Buffet's conglomerate holding giant Berkshire Hathaway.
Last week, fintech company Zerodha invested ~INR 2.5 Cr in options trading company Sensibull.
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.
After disclosing lukewarm earning forecasts, user slowdown and privacy concerns, Facebook created history of the wrong kind by losing $119Bn of market value in one day.
After much fanfare, July 15th kicked off as Prime Day, resulting in massive deals, outages and the birth of a holiday in its own right.
Netflix released its thriller TV show Sacred Games this week, to strong reviews and strong political reactions.
A tad over a year ago, an investment group Bespoke (B.I.G)
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.