Week in review🎅🏻 (Dec 19 - Dec 24)
Week in review🎅🏻 (Dec 19 - Dec 24)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
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"Enjoy the little things, for one day you may look back and realize they were the big things."
This quote is encouraging people to appreciate the small moments in life. It is suggesting that while we may not think much of them at the moment, they can become more meaningful in hindsight. These small moments could include spending time with family and friends, taking a nice walk, or enjoying a good meal. By taking the time to appreciate these moments, we can look back later and realize that they were the important things in life.
Quick Recap of the Week
➡️ Monday
Poonawalla readies ₹1,000 crore fund for growth-stage firms💰
Twitter will remove accounts created solely to promote other social platforms🤕
Argentina lifts FIFA World Cup after 36 years🏆
➡️ Tuesday
Tata Group invests Rs 1600 crore in Cliq’s parent firm💸
Manpower demand across EV ecosystem to hit top gear in 2023🛵
Crypto trading volumes fell 76% from Jan to Nov: WazirX📉
➡️ Wednesday
BigBasket valued at $3.2B with $200M cash from Tata Digital, others🧺
Mensa acquires MensXP, iDiva, and Hypp from Times Internet👸🏻
Airtel picks up strategic stake in tech startup Lemnisk🎯
➡️ Thursday
Byju's, MPL wants to exit the sponsorship deal with BCCI🏏
Foxconn’s India unit gets Rs 357 Crore incentive boost📱
Next financial crisis will come from crypto, says RBI governor😬
➡️ Friday
Jio deposits ₹3,720 Cr to take over Reliance Infratel🗼
PhysicsWallah acquires iNeuron👩🏻💻
Google bets on strong ad revenue growth in India💪🏻
Let’s move on to the top funding deals from the week.
Funding Deals
Workforce management software provider BetterPlace has raised $40 million through convertible notes in an ongoing funding round.
Bengaluru-based fashion tech startup Virgio has raised $37 million in a Series A funding round led by Prosus Ventures, Accel, and Alpha Wave.
Aquaconnect, the Chennai-headquartered startup focused on the aquaculture industry, has raised $15 million in a Series A round of funding led by Lok Capital.
Eggoz, an egg-focused consumer brand, has raised Series B funding of $8.8 million led by Mumbai-based IvyCap Ventures Pvt Ltd.
Gurugram-based college admissions and higher education services platform CollegeDekho has raised Rs 73.3 crore (about $9 million) from Janeville Limited.
Agritech startup Grow Indigo has raised over $6 million in its recent funding round from investors, including Mahyco, Indigo AG, and HNIs.
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Have a wonderful weekend!🥳
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