Week in review🪔 (Oct 24 - Oct 29)
Week in review🪔 (Oct 24 - Oct 29)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
Start your day with tech stories that matter!
Daily Mail with a quick wrap of tech highlights and growth strategy that you can read in 2 mins!
Join for free👇🏻
"Enjoy every moment you have. Because in life, there are no rewinds, only flashbacks. Make sure it's all worth it."
Live each moment as if you won't be able to get it back. That is largely correct. It is critical to understand that nagging about certain issues will not help you in any way. You should make the most of every opportunity that comes your way. You never know if you'll get them back. Every moment of your life is a gift. You should understand that every moment should be lived to the fullest because a moment once gone is now history.
Hope you had a great festive season. This Diwali, we want to thank you for your constant love & support for Rise & Shine. Today, we’re almost 10,000 readers strong and we wouldn’t be here without you. You keep us going.
Quick Recap of the Week
➡️ Thursday
Centre writes to Meta over WhatsApp outage📨
Money View may become the next unicorn🦄
Investors punish Metaverse-obsessed Zuckerberg, Meta stock sinks 20%📉
➡️ Friday
Elon Musk takes control of Twitter, fires CEO Parag Agrawal👑
Udaan raises $120 million via convertible notes, IPO delayed💰
Instagram crosses 2 billion users, Reels hits $3 Bn annual revenue rate📈
Let’s move on to the top funding deals from the week.
Funding Deals
Customer and sales engagement tool WATI (WhatsApp Team Inbox) has raised $23 million in its Series B round led by Tiger Global and Sequoia Capital India.
D2C kitchenware startup The Indus Valley has raised Rs 15.33 crore or $1.87 million in a Seed 2 round led by existing investors DSG Consumer Partners and Rukam Capital.
Direct-to-consumer (D2C) audio products and wearables brand Boat has closed a $60-million (about Rs 500 crore) financing round through convertible notes from existing investor Warburg Pincus and new investor Malabar Investments.
Full-stack cybersecurity platform BluSapphire Cyber Systems has raised $9.2 million in its Series A round led by Barings Private Equity India.
Business-to-business SaaS product firm Serosoft has secured Rs 30 crore led by SIDBI Venture Capital Limited (SVCL).
We'd Like to Hear From You!
A simple form that will take hardly 5 mins. This will help us to improve the start of your day. We are also giving out some exciting vouchers once you submit the form.
Join our growing community on Instagram, Twitter, and LinkedIn.
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.