Internet Queen, KPMG report are "pointing at" India; Payment field is not lively Freecharge who is the winner 12 companies received a total of $100 million investment India Venture Capital Weekly Report:-www.deekpay.com

　　Zudo (zdreview.com) has launched the India Venture Weekly column, which aims to provide India-focused readers with the most noteworthy weekly news and investment and financing information in the Indian VC space and tech sector. Below is a brief overview of the contents of the weekly report:

　　### Government and industry dynamics

　　1. **Telangana State launches e-wallet T-Wallet**: advances local mobile payments, supports dual identity verification.

　　2. **Google and KPMG forecast**: The Indian online education industry is expected to reach $1.96 billion in 2021, with a six-fold increase in the number of paying users.

　　3. **Diversification of Japanese investment in India**: Haryana favoured, Japanese companies investing in manufacturing and emerging sectors.

　　### Large Company Dynamics

　　1. **Freecharge takeover rumours**: Paytm, Baroda Bank, Times Internet are all interested.

　　2. **AmazonPay Expands Payment Scenarios**: wants to partner with the Indian government to access payments for electricity, insurance, and more.

　　3. **Snapchat and Uber partnership**: Snapchat users can use their Snap cards in the Uber app, with both parties intending to increase the number of users in India.

　　### Investment and financing and mergers and acquisitions

　　1. **12 companies in India have received funding**: totalling more than $100 million across a wide range of sectors including O2O, fintech, healthcare, SaaS, logistics, e-commerce and more.

　　2. **Swiggy secures $80 million in Series E funding**: led by Naspers, becomes the fastest-growing leader in the Indian food delivery industry.

　　3. **Snapdeal Secures $17.5 Million in Emergency Funding**: founders and Nexus Venture Partners inject capital to keep operations afloat.

　　### Authors

　　- **Robin**

　　### Copyright Notice

　　- All original content is prohibited from being downloaded or reproduced for use without the legal authorisation of Zhudao.

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　　- Click on "Read More" to visit zdreview.com for more information on India's TMT industry.

　　This weekly report provides readers with a comprehensive overview of the Indian VC and tech industry, including government policies, big company developments, and investment and financing, and is an important reference for readers who follow the Indian market.