Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report
Indian tech-led startups attracted funding worth $2.5 billion in the first quarter of 2020, a 14 percent rise compared to the same period last year, a report by research and consulting firm HexGn said
Chiratae is the new avatar of IDG Ventures, which has carved out space for itself in early-stage investing in startups.
Amid the corporate war raging within Tata Sons, which has also highlighted Ratan Tata's work as angel investor in startups after his earlier retirement in 2012, startup founders have come out in strong support of the Tata scion.
Even as retail chains scurry to open online stores to cash in on the e-commerce boom in the country, firms like MakeMyTrip, CarTrade, FirstCry and Lenskart are planning to build their offline presence with brick and mortar stores to woo more consumers.