In September 2021, Fidelity spearheaded a $570 million funding round for Meesho, joined by B Capital Group, a venture capital firm co-founded by Facebook co-founder Eduardo Luiz Saverin.
Online shopping is expected to reach more than Rs 30 crore by FY26, further paving the way for the reach of online payments in the country, as per a Redseer report
Pine Labs has launched Dukaan Studio, a venture aimed at modernising kirana stores in India. The initiative offers customised products to Pine Labs partners with valid point-of-sale IDs