More retail investors are expected to join and benefit from India’s IPO boom.
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A host of companies like Lenskart and Dream Sports, which entered the unicorn club in the last few years, are expected to drive strategic investments in startups.
Spoton is the second acquisition by Delhivery this year. In March, it scooped up Primaseller, a California-based SaaS company providing order management software for omnichannel retailers.
India’s agritech sector has been growing exponentially and is projected to grow to a USD 30 billion–35 billion market by 2025, according to a study by Bain & Company.