Swipe through the latest business and wealth clues with our android app

E-commerce, consumer internet companies raised over $7 billion in PE/VC capital in 2018

E-commerce and consumer internet companies in India raised over $7 billion in private equity and venture capital funding in 2018. Out of total investments in the Indian start-up ecosystem in 2018, OYO, Swiggy, Byjus, Paytm Mall, Pine Labs, Zomato, Udaan, PolicyBazaar and CureFit accounted for investments worth around $4.6 billion. Majority of the funding was towards building supply chain, expanding into new segments, acquisition/ consolidation, and bringing innovative product offerings.

Read More at The Financial Express News date : 8 Mar 2019, Friday

©2019 TheNewsClues