Last fortnight, everything in business news was Reliance, Reliance and only Reliance.
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, 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.
Last fortnight, Dunzo was in conversations to raise $100MM, bringing it closer to Dunzo everything and become a unicorn.
Last fortnight, BlackBuck reported it was planning to scale to a million drivers as it raised capital to be a unicorn.
Last week, Swiggy invested in Fingerlix and was in the lead to acquire UberEats, just a few weeks after acquiring Kinto.ai
Last week, UrbanClap raised $50MM to bolster its position as the leading home services provider in India.
Last week, Delhivery was set to raise $450MM from Softbank, propelling it into unicorn-dom.
Last week, grocery delivery startup Grofers was said to be raising $125-150MM of capital from its early backer Softbank.