Week in review⌛ (Aug 22 - Aug 27)

Aug 27, 2022

Start your day with tech stories that matter!

Daily startup insights with a positive thought you can read in 2 mins, every day for free.

A Quick Recap of the Week

Big Tech firms to testify on anti-competitive practices before Parliamentary panel⚖️
Logistics unicorn Rivigo in sale talks with Flipkart, FirstCry🚛
Google tracks highest private data among Big Tech firms: Report🔬

Let’s move on to the top funding deals from the week.

Funding Deals

Sunstone, an edtech startup that offers higher education programs, has raised $35 million in a mix of equity and debt in a round led by existing investor WestBridge Capital.
Health and wellness startup Mojocare has raised $20.6 million in a Series A funding round led by Facebook Co-founder Eduardo Saverin's B Capital.
Cross border B2B manufacturing and supply chain enablement platform for building materials, Magma, has raised pre-seed funding of $515,000 led by WEH Ventures.
Men’s innerwear brand XYXX Apparels has raised Rs 90 crore (about $11 million) in its latest funding round led by Singularity Opportunities Growth Fund.
Awign, an on-demand work fulfillment platform, has mopped up USD 15 million in a Series B funding round co-led by Bertelsmann India Investments and Amicus Capital Partners, along with Mynavi Corporation.
Data privacy solutions provider Privado has bagged USD 14 million in its Series A funding round led by Insight Partners and Sequoia Capital India.

Check our socials Instagram, Twitter, LinkedIn.

Feel free to drop a message; we have multiple internship openings.

Have a wonderful weekend!🥳

Thanks for reading😊

If you enjoy these emails, please tell a friend about Rise & Shine. It’ll help us reach curious people.