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36Kr (EN)

Building a coherent narrative of India's rapidly changing tech ecosystem.

India Tech

OYO Rooms, commonly known as OYO, is India's largest hospitality company, consisting mainly of budget hotels. It was founded in 2013 by Ritesh Agarwal and has since grown to over 12,000 hotels in 337 cities in India, Malaysia, UAE, Nepal, China and Indonesia.

Investment

India

Oyo's valuation had dropped to USD 8 billion in mid-2020 amid the COVID-19 pandemic, from USD 10 billion in November 2019.

Microsoft may invest in SoftBank-backed Oyo at USD 9 billion valuation: Report | KrASIA

Home

Microsoft may invest in SoftBank-backed Oyo at USD 9 billion valuation: Report

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

https://secure.gravatar.com/avatar/8ee969d23d0ca8a0fdf49239194aee0b?s=96&d=mm&r=g

Moulishree Srivastava

Ola Cabs, is an Indian origin online transportation network company developed by ANI Technologies Pvt. Ltd. As of December 2018, Ola was valued at about $5.7 billion. A variety of venture capitalists including Softbank have large stakes in the company.

Mobility

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

The used car market in India is expected to reach 8.2 million units by FY 2025, which will make it twice as big as the new car segment.

Indian ride-hailing unicorn Ola to enter used car retailing: Report | KrASIA

Indian ride-hailing unicorn Ola to enter used car retailing: Report

ShareChat

The deal values the company at USD 2.88 billion and is part of the Series F round it kicked off in April when it raised USD 502 million from Tiger Global, Snap, and Twitter.

Tiger-backed ShareChat and Moj conclude USD 650 million Series F round with recent USD 145 million check | KrASIA

Tiger-backed ShareChat and Moj conclude USD 650 million Series F round with recent USD 145 million check

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Indian startups raised a whopping USD 12.1 billion across 382 deals—exactly half the number of deals VCs participated in last year to invest USD 11.1 billion.

Checks get fatter for India's early-stage startups | KrASIA

Checks get fatter for India&#8217;s early-stage startups

Zomato

Food Delivery

Zomato’s IPO—India’s biggest so far this year—was sold in a price band of INR 74–76 a share from July 14–16.

Zomato makes stellar debut on bourses, market cap hits over USD 13 billion | KrASIA

Zomato makes stellar debut on bourses, market cap hits over USD 13 billion

Bjyu's

Edtech

Having raised over USD 850 million this year so far, on top of the USD 1 billion-plus funding it received from investors in 2020, the company is likely to continue its acquisition spree.

Byju's buys US-based edtech startup Epic for USD 500 million | KrASIA

Byju&#8217;s buys US-based edtech startup Epic for USD 500 million

Content

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

Two-year-old simsim has raised a total of USD 16 million to date from investors like Accel Partners and Shunwei Capital.

YouTube to acquire local social commerce startup simsim | KrASIA

YouTube to acquire local social commerce startup simsim

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Lenskart predicts the combined opportunity for eyewear in Southeast Asia and the Middle East to reach USD 15 billion by 2025.

SoftBank-backed eyewear omnichannel retailer raises USD 220 million for global expansion | KrASIA

SoftBank-backed eyewear omnichannel retailer raises USD 220 million for global expansion

Paytm

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Lending

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Read stories of Payment service providers, platforms or the trending of the Payment industry.

Payments

Paytm's IPO will be the largest-ever listing in the Indian capital market, surpassing Coal India’s INR 154.75 billion IPO in 2010.