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, Khatabook closed a $60MM round, on the tailwinds of accelerated digitization due to everyone hunkering down in their homes.
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, everything in business news was Reliance, Reliance and only Reliance.
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 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, DailyHunt was in the midst of closing its $30MM+ funding round to take it north of a $500MM valuation.
Last fortnight, fintech upstart CRED raised $120MM, within a year of its launch.
Last week, vernacular social network ShareChat was in the process of raising $200MM, hot on the heels of acquiring vernacular video sharing app Clip.
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.
The Flipkart deal was formally announced last week, and one of the surprising (?)