From funding news to the latest tech trends, India's business world is buzzing! Get ready for a whirlwind tour of the exciting developments shaping the Indian
market.
Funding & Investments
The Indian startup ecosystem sees a surge in investments, with FreshToHome in talks for a fresh $130 million. Razorpay secured $100 million, potentially hitting a $1 billion valuation. Avataar.me raised $7 million from Sequoia India, and Pepper Content secured $4.2 million, showing continued investor confidence.
E-commerce Evolution
Tata Group is evaluating M&A opportunities to boost its e-commerce play. Flipkart and Walmart injected $30 million more into Ninjacart. Online brands are observing higher growth on their own channels, while the festive season is driving policies for e-gifting, creating early Diwali vibes.
Tech & Innovation
Amazon's Alexa app gets a makeover, tailoring to user needs. Corning launched Gorilla Glass Victus. OnePlus Nord is getting a Google twist with pre-installed apps. Gmail is rolling out new work tools, while Spotify expands into video features for podcasts, evolving beyond audio content.
Market Dynamics Shift
Investors are showing caution towards young startups with Chinese capital. Food delivery volumes reach pre-COVID peaks, a strong sign of recovery. Meru Cabs launches a new office commute service. Fractional real estate yields are offering 7-8% returns, with lower entry barriers.
People & Insights
A Bengaluru techie's interview journey highlights job market realities. An inspirational story of Mindtree co-founder Subroto Bagchi's humble beginnings. Zomato's Deepinder Goyal reports pre-COVID food delivery volume peaks. Flipkart and Amazon's staff are primed for big sale days.