India

Founded in 2018, Zetwerk is one of the very few manufacturing startups that has grown at a breakneck speed and attracted big-name investors including Lightspeed, Sequoia, Greenoaks, and Kae Capital.

Flushed with money, the three-year-old startup has been eyeing overseas markets like South Korea, Japan, and North America.

In the last one year startups in India have started offering their employees an opportunity to cash out their ESOP holdings.

Digital healthcare startups in India saw a significant adoption boost due to COVID-19 last year.

The move is aimed to woo offshore funds and make them park their money in India, which is likely to flow into the world’s third-largest startup ecosystem.

India recently announced a seed fund with a corpus of USD 136 million.

In India, Antler will invest USD 100 million in the next four years.

Apple sold over 1.5 million devices in India between October and December 2020 doubling its share in the smartphone market.