Week in review📉 (Jan 23 - Jan 28)
A quick look at the week's top stories. Stay informed and stay ahead of the game by keeping up with the latest developments in the Indian startup world.
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"I can accept failure, everyone fails at something. But I can't accept not trying."
- Michael Jordan
The quote by Michael Jordan expresses the idea that failure is a natural part of life and something that everyone experiences at some point. However, what is not acceptable to him is not giving something your best effort or not trying at all. This implies that even though he may not have been successful in some areas, he did not let that stop him from continuing to strive for success and putting in the effort to achieve his goals.
Quick Recap of the Week
Hero Electric looks to raise nearly Rs 2,000 crore to drive expansion🛵
Amazon, Samara Capital pump Rs 300 crore into More Retail🛒
Musk announces more expensive subscription for ad-free Twitter🤑
Amazon Air launched in India, promises faster deliveries✈️
Zomato is winding up its 10-minute food delivery business🍔
Apple exports iPhones worth $1 billion from India in December📱
Seven countries to sign up for India Stack's digital public goods📁
Zomato Gold returns with discounts on delivery and dining out🥞
Google layoffs averted ‘much worse’ issues, says Sundar Pichai👩🏻💻
BCCI nets ₹4,670 cr from auction of five Women’s IPL teams🏏
PhonePe investors paid ₹8,000 crores in taxes to make India its home⚖️
Accel, Tiger Global in talks to exit Flipkart🛒
Let’s move on to the top funding deals from the week.
Ecozen, a maker of solar-powered cold-storage rooms among other products has closed a Series C funding round of $25 million led by Nuveen and Dare Ventures in equity and debt.
DNA-based self-discovery and career life cycle management platform GENLEAP has secured Rs 27 crores ($3.3 million) Pre Series A round co-led by Mike Holland, Sanjay Dutt, Neeraj Bansal, Karthikeyan Balasubramaniam, Deepak Kaul, and Manish Dhawan.
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