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Will back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arjun Sethi, cofounder, Tribe Capital
India Business News: Zomato has made a $2 billion acquisition offer to acquire e-commerce shipping platform Shiprocket, according to Bloomberg. If the deal goes through, i
Explaining the 3.6-fold increase in its loss, the company said that it acquired two businesses during FY23: retail software-as-a-service (SaaS) platform Omuni, from Arvind Internet, and ecommerce logistics solutions player Pickrr.
Due to its expected market size, India has excelled in the field of education and now edtech. By 2025, it is expected that the online education would be worth $5 billion.
Shiprocket was valued at around $1.2 billion with the fresh round of funding.