Last fortnight, Amul reported an annual revenue of more than 32K Cr ($5Bn), growing an incredible 20% at scale, and exploding during the lockdown.
Last fortnight, Khatabook closed a $60MM round, on the tailwinds of accelerated digitization due to everyone hunkering down in their homes.
Last fortnight, everything in business news was Reliance, Reliance and only Reliance.
Last fortnight, Tally extended a free 30 day license for its customers, amid the increasing pressure on SMEs due to COVID-19.
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, 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, 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 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, online eyewear upstart Lenskart was reported to be raising $350MM, propelling it to unicorn-dom.
Last week, BigBasket raised $150MM to push for pole position in the hot Indian grocery space, resulting in the company becoming a unicorn.
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, the Indian government stuck to its e-commerce FDI ruling and set off intense speculation about Reliance's potential entry into e-commerce.
Last week, Pune based FirstCry raised $400MM from Softbank, putting it in touching distance of being a unicorn.
The year ends tomorrow and it is a great time to recap 2018 to better understand what 2019 has in store for the Indian startup ecosystem.
Last week, UrbanClap raised $50MM to bolster its position as the leading home services provider in India.
Last week, Flipkart founder Binny Bansal suddenly resigned from Flipkart, after Walmart's investigation into alleged "serious personal misconduct".
Last week, social commerce startup Meesho raised $50MM to bolster its product, and fund its expansion into Asian markets.
Last week, grocery delivery startup Grofers was said to be raising $125-150MM of capital from its early backer Softbank.