Moulishree Srivastava

Pine Labs is reportedly looking at an IPO in the US within the next 18 months.

About 990 investors pumped USD 10.15 billion in venture capital across 543 startup deals in H1 2021.

Despite the e-commerce sector being dominated by Flipkart and Amazon India, startups are scripting a new wave of online commerce, primarily targeting the next 500 million netizens from smaller cities.

Zomato, which is currently valued at USD 5.4 billion, is preparing to go for an initial public offering next month.

Founded in 2019, Jupiter has raised a total of USD 26 million from investors including Sequoia Capital, Matrix Partners, Beenext, 3One4 Capital, and Hummingbird Ventures.

With the recent funding, Loco has been spun off from its parent company, Pocket Aces, into a separate entity.

As part of this collaboration, Reliance will shift its core retail businesses to Google Cloud’s infrastructure.

With multiple super app contenders in India, the verdict on who will reach that level first is still open.