BUSINESS
PhonePe Pulse Q4 2021 Report: Maharashtra crosses 1 billion transactions, merchants drive highest payments
PhonePe dominates UPI transactions with a 46 percent market share.
BUSINESS
Dating and networking app for Queer individuals 'As You Are' raises $250K
As You Are also has a manual verification of users, to ensure that all profiles are genuine. Besides matchmaking, users can try new features like 'Group Chat', 'WE, and As You Are Community' to connect with other queer users.
BUSINESS
Zoho launches Zillum, where families can email, collaborate more effectively on cloud
Zillum is a portmanteau of Zoho and illum, which means home in Tamil. Launched on January 26, Zillum is in beta and includes apps for email, instant messaging, file creation and storage, password management, and schedule tracking to meet all the needs of families.
MCMINIS
What is a Decacorn?
BUSINESS
Reevoy raises $4 million in seed round led by 9Unicorns, VCAT
Reevoy helps importers source products from Indian exporters and provides working capital to finance the transactions
BUSINESS
Twenty startups make it to Sequoia Surge's 6th edition from sectors like cybersecurity, payments, EdTech and others
Surge 06 is the most geographically diverse cohort yet, with companies from Bangladesh and Australia and entrants from new markets such as Malaysia, Thailand, and Taiwan.
BUSINESS
Flipkart expands grocery business to 1,800 cities in India
Flipkart now services 10,000 pin codes across 23 states
BUSINESS
Disillusionment among youth one of 5 top risks facing India: World Economic Forum
Climate change remains the biggest global risk along with challenges posed by the coronavirus pandemic
BUSINESS
How the Great Indian Brain Drain is taking a toll on the economy
Studies have found that 23,000 Indian millionaires have left India since 2014 and that nearly 7,000 millionaires left in 2019 alone, costing the country billions in tax revenue. Since 2015, nearly 9 lakh Indians have given up their citizenship.
BUSINESS
The year in review: SEBI’s notable decisions in 2021
In a year when the stock markets boomed and set new record highs, the market regulator took some key decisions in a bid to make the system fairer and more transparent for investors.
