Snapdeal plans to use INR 9 billion (USD 119 million) from the IPO proceeds for organic growth initiatives over the next five financial years.

India’s BNPL industry is growing to become a USD 50 billion market.

In this round of India Digest from December 10 to December 16, 2021, read our big story of the week, the weekly buzz, and more.

More family offices are opting to invest in startups directly, rather than backing them through VC funds.

Government competes against China, Southeast Asia for manufacturing investment.

WhatsApp will make “significant investments” in WhatsApp Pay over the next six months to fuel its adoption across India.

Tata’s super app is likely to be rolled out early next year, after being delayed multiple times already.

Ninjacart is Flipkart’s key to grabbing a bigger portion of the soon-to-be USD 18 billion e-grocery market and soon-to-be USD 5 billion quick commerce segment.