Accel announces sixth fund of $550 million
The capital will be invested in seed and early-stage technology startups in India.
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Swiggy, Dunzo spice up hyperlocal space
After seeing several shutdowns a few years ago, the hyperlocal space is abuzz with activity once again with players such as Swiggy and Dunzo expanding their roster of services as funding pours in.
Swiggy Go launched in Bengaluru
Swiggy Go will deliver all sundry items including laundry products, lunch boxes, documents, and parcels to the customer’s doorstep.
Fintech: Fast and furious
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.
‘There won’t be many, but handful of super apps in each region’
GGV Capital’s Hans Tung says super apps will help take a bigger share of the consumers’ wallet, and sees Swiggy becoming a super app in India.
Can Swiggy take more orders?
Swiggy, which started doorstep delivery of home essentials recently, has the advantage of an existing network. But it will take more for it to find its niche in a space led by Big Basket and Grofers.
Swiggy looks to gulp Uber Eats
As Bansal pumps ₹650 crore into Ola and Swiggy puts in place an aggressive growth plan, Bengaluru’s unicorns are ready to roll up their sleeves.
Now order groceries, home essentials through Swiggy
The Bengaluru-headquartered unicorn will deliver groceries, flowers, and medicines from both online and offline stores to your doorstep through its new service called Swiggy Stores.
2018: A blockbuster year for deals
The year saw deals worth more than $100 billion. Experts are hopeful that the momentum will continue in 2019.
Unicorns: Beyond their wildest dreams
2018 belongs to unicorns in India, with eight startups achieving a valuation of $1 billion. As firms continue to attract funding from global investors, the unicorn party is far from over.
