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From the new fund, the VC firm plans to invest in 15-20 consumer brands.

The company aims to reach 1 million farmers within three years.

Data from Indonesia’s financial services authority (OJK) states that the number of retail investors has grown 56% year-on-year in 2020.

It happens as Tesla is handing over its first Shanghai-made vehicles.

“Currently, 25% of Gostream’s revenue comes from markets outside of Vietnam, including India, Cambodia, Thailand, and Indonesia,” said the co-founder.

Both cooperated on different initiatives in the past years.

Fashinza is expanding the network of manufacturers globally and is working with leading brands across 10 countries.

Things are going to shake up for Amazon India and Flipkart both, as India is working on yet another round of changes in FDI norms for the e-commerce sector.