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At a $7.5 billion valuation, up from just a little over $1 billion last year, Razorpay is now one of India’s most valuable fintech startups. But getting to this stage hasn’t been easy. The co ...
NEW DELHI (Reuters) -India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over ...
Zomato’s Blinkit leads the quick commerce market in India, having cornered as much as 46% of the market share by GMV in the quarter that ended in December, according to a separate analysis ...
In 2021, $33 billion of venture capital (early and late stage) was invested in India. In 2023, this number was $9 billion. So we have to keep in mind that funds raised in 2021/2022 were sized for ...
As of 2023, India's consumer market was the world's fifth-largest. [325] Driven by growth, India's nominal GDP per capita increased steadily from US$308 in 1991, when economic liberalisation began, to US$1,380 in 2010, to an estimated US$2,731 in 2024. It is expected to grow to US$3,264 by 2026. [17]
National Stock Exchange was incorporated in the year 1993 to bring about transparency in the Indian equity markets. NSE was set up at the behest of the Government of India, based on the recommendations laid out by the Pherwani committee in 1991 [7] and the blueprint was prepared by a team of five members (Ravi Narain, Raghavan Puthran, K Kumar, Chitra Sankaran and Ashishkumar Chauhan) along ...
India is the second-largest market in the world by number of telephone users (both fixed and mobile phones) with 1.053 billion subscribers as of 31 August 2016. It has one of the lowest call-tariffs in the world, due to fierce competition among telecom operators. India has the world's third-largest Internet user-base.
Indian social commerce Meesho raises $570 million at $4.9 billion valuation. Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high ...