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Developments at Tata Digital; ride-hailing firms optimistic Our top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions BigBasket and 1mg. There's a lot to get to so let's dive right in.Also in this letter:Ride-hailing firms believe the worst is behind themboAt eyes IPO in
Quick Commerce: In a blog post on LinkedIn, Paul Hudson, founder of investment firm Glade Brook Capital, said that the market is already moving in this direction with Blinkit and Zepto expanding their product assortment. The fund had backed Mumbai-based Zepto last year and invested in Blinkit’s parent company Zomato back in 2019.
Kaivalya Vohra is a resident of Mumbai. He was born in 2001. He did his schooling from Mumbai.
Insider asked readers and top VCs to name the rising stars of venture capital. These are the up-and-comers in 2022, and the ones to watch in 2023.
Zepto incurred a loss of INR 390.3 Cr on a standalone basis in its first year of operations in financial year 2021-22 (FY22)