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Week in review🌞 (July 18 - July 23)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
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A Quick Recap of the Week
Ola CEO shares plan on a sports car, upcoming update for e-scooters🏎
Blockchain platform 5ire turns 105th unicorn 🦄
Sequoia, Tiger Global lead startup funding in Apr-Jun; fintech attracted most funds💰
Blinkit to integrate with Zomato Hyperpure in fresh pivot🍅
Ola to invest Rs 4000 Cr in Asia's largest EV battery R&D unit in Bengaluru🔋
RBI wants crypto ban, govt needs global support for regulation: FM📊
Slice changes business model after RBI circular💳
Shiprocket acquires Arvind’s SaaS business for Rs 200 crore🚀
Snapdeal will go live on ONDC platform next month, to cover over 2500 cities and towns🛒
Mumbai-based Raise launches new learning platform Upsurge📊
NFT platform Rario to launch a marketplace in August🏏
Indian startup ecosystem created 7.68 lakh jobs in the past six years🚀
Meta's Facebook updating its main feed to attract younger users📱
Bounce to sell its electric scooters through Flipkart🛵
Disney Star bags Cricket Australia media rights for seven years for $280 Mn🏏
Let’s move on to the top funding deals from the week.
Faarms, an agritech startup, has raised $10 million (nearly Rs 80 crore) in the latest round of funding from a clutch of individual investors.
Hyperface, a Credit-card infrastructure provider started by Juspay cofounder Ramanathan RV, has raised $9 million in funding led by 3one4 Capital.
AnyMind Group, an end-to-end commerce enablement company, has raised $29.4 million in its Series D funding round from new investors including JIC Venture Growth Investments, Japan Post Investment Corporation, Nomura SPARX Investment, and PROTO Ventures.
Healthtech startup Eka Care has raised $15 million in Series A funding round led by Hummingbird Ventures with participation from 3one4Capital, Mirae Assets, Verlinvest and Aditya Birla Ventures, among others.
Fitterfly, a health-tech startup has bagged $12 million in Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures.
Edtech platform for kids Creative Galileo has raised $7.5 million (about Rs 60 crore) in funding from a clutch of investors, including Kalaari Capital, Affirma Capital, and East Ventures.
Have a wonderful weekend!🥳
Thanks for reading😊
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