Paytm, Flipkart, BharatPe — Here are the 10 most talked about consumer internet brands this month
Mar 3, 2022
By: kritti.bhalla@timesinternet.in
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India's consumer internet companies have continued to attract investors as well as customers. These companies — including Paytm, BharatPe, Nykaa, Zomato and Flipkart — have been dominating news headlines in 2022 as well. Media intelligence agency Wizikey’s latest report has compiled a list of most talked about consumer internet companies in February 2022.
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Vijay Shekhar Sharma-led digital payments company Paytm, run by One 97 Communications, was the most talked about consumer internet company in the Indian media. The company has raised India’s biggest initial public offering (IPO) in November last year, and has lost over 60 percent of its valuation since then. | News Score: 80.2
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Walmart-owned ecommerce giant Flipkart was the second most talked about consumer internet company in the Indian media this month, all thanks to its regular sales and upcoming IPO. | News Score: 79.9
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BharatPe was among the youngest unicorns of 2021. The company also took over the scam-hit PMC Bank. The company also onboarded Rajnish Kumar, former chairperson of India’s largest lender State Bank of India (SBI), as the chairperson of its board. BharatPe was in news for all the good reasons in 2021, but 2022 has turned out to be a polar opposite due to its conflict with ex-founder Ashneer Grover. | News Score: 77.6
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Not only Kunal Shah-led CRED entered the unicorn club in 2021 with a billion dollar valuation, it also managed to increase its valuation by five times in less than eight months. | News Score: 76.0
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Food aggregator business Zomato started the spree of Indian tech startup’s entry into the public domain. It was among the first few Indian startups that entered the stock market in 2021, and soon followed Nykaa, PolicyBazaar and Paytm. | News Score: 75.8
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Fantasy gaming company Dream11, which was the title sponsor of Indian Premier League (IPL) in 2020, was among the top newsmakers of 2021 as well. Dream11’s parent company Dream Sports raised $800 million last year to further expand its business. | News Score: 73.9
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Falguni Nayar became India’s wealthiest self-made female billionaire after Nykaa’s IPO. The company had nearly doubled the investors’ money on the first day of listing itself. | News Score: 73.3
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Riding hailing giant Ola, which competes with US-based Uber in India, was also among the top newsmakers of 2021 as the company moved towards its ambition of electric scooter manufacturing. The company also built the world's biggest scooter factory in the world, which was entirely run by women. | News Score: 71.3
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It would be quite a disparity if Zomato’s worthy competitor Swiggy did not make it to the list of top newsmakers of 2021. As Zomato has just closed its $1.3 billion IPO, Swiggy announced a $1.2 billion fundraise from the private market. | News Score: 70.2
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MX Player, which will reportedly be acquired by ShareChat soon in a $700 million deal, was among the biggest newsmakers of 2021 as well. The company is currently owned by Times Internet, which partners Business Insider in India. | News Score: 69.1
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