Big rise in business positive pandemic takeaway for food delivery apps
Zomato, for instance, claims to have clocked nearly 60% higher GMV year-on-year this New Year’s eve. It translates into a GMV of Rs 75 crore in a single day.
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BigBasket aims to go public in coming years, says co-founder & CEO Hari Menon
Speaking at the same event, Ritesh Agarwal, founder & CEO at Oyo Hotels & Homes, said the firm would consider going public at some point of time primarily because it has “external investor capital”.
Unacademy’s valuation soars to $2 billion with latest investment from Tiger Global, Dragoneer
The startup had raised $110 million from Facebook, General Atlantic and others in February this year at a valuation of around $510 million.
Nasscom: Over 50% tech startups see revenue reaching pre-Covid level in 6 months, cash in hand improves
Sectors particularly edtech, healthtech, software-as-a-service, and small businesses continue to attract investors' interest as Covid opened up opportunities to serve more customers who couldn’t move out due to the lockdown restrictions.