Last fortnight, Urban Ladder was acquired by Reliance for INR 182 Cr, at a steep discount from the 1,000 Cr it had raised.
Last fortnight, BharatMatrimony posted record growth in profit, with more than 30% growth from last year, and adding 210K subscriptions.
Last fortnight, the largest entertainment spectacle in cricket and India started off in style, amid empty stadiums due to 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, 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, global SaaS builder Zoho launched an emergency subscription assistance program, providing its app suite for free, after a record year of ~$500MM+ of revenue.
Last week, India’s namkeen industry held a convention commemorating annual sales of INR 1 lakh Cr ($14Bn), led by snacks giant Haldiram’s.