In the midst of a funding crunch for startups, Udaan has raised US$ 120 million in convertible notes and debt from shareholders and bondholders.

According to the market research company Gfk's "Consumer Life Study 2022", India's offline smartphone retail sector saw value growth of 44% during the first half of 2022 compared to the same period in 2017.

BigBasket, a grocery retailer owned by Tata Digital, is expected to raise US$ 200 million at a US$3-3.5 million valuation.

After Japan and the US, the Indian market has surpassed Spain to become the legendary Spanish porcelain brand Lladro's third-largest market.

Retail transaction volume increased astronomically by 160% in the first half of calendar year 2022, according to a report by CBRE.