Discover more from Rise & Shine ☀
Week in review🧨 (Oct 31 - Nov 5)
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!
"Choice, not chance, determines your destiny."
It's up to you to decide what you are worth, how you matter, and how you make meaning in the world. No one else has your gifts--your set of talents, ideas, and interests. You are unique. "Excellence is never an accident." It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice among many alternatives...
Quick Recap of the Week
Gautam Adani's group to invest $150 billion in pursuit of $1 trillion valuation🤑
Slice temporarily stops users' cards to adhere to RBI's digital lending rules💳
Indian Startup Ecosystem Valued at Rs 3 Lakh Cr: Piyush Goyal💸
Snap looks to India for a boost amid US tech meltdown👻
SaaS startup Icertis raises $150 million from Silicon Valley Bank💰
Google pauses Play Store billing in India after CCI ruling▶️
RBI launches digital rupee pilot for the wholesale segment₹
Nykaa Q2 results: profit surges 344% YoY to Rs 5.2 Cr; revenue up 39%💄
Twitter Blue tick will cost $8 a month, announces Elon Musk✔️
Indian microblogging app Koo crosses 50 million downloads🐤
BYJU’s eyes $1Bn IPO for Aakash: Report👩🏻🎓
DealShare launches private brands; plans to invest Rs 500 Cr in the business in 2-3 years🛒
Mamaearth turns profitable in FY22, clocks nearly Rs 1,000 crore in revenues🧴
Ajit Mohan to join Snap after stepping down as Meta India chief👨🏻💼
Indian Web3 firms form new lobby months after IAMAI crypto unit closure🌐
Let’s move on to the top funding deals from the week.
Jashvik Capital, an India-based growth private equity (PE) firm, has announced the first close of its maiden $350 million fund, which it launched in July this year.
Haryana-based green hydrogen company Hygenco has received a $25 million investment from SBICAP Ventures managed Neev II Fund.
Fintech company PayVEDA has raised $11.5 million in Series A funding from SphitiCap, an early-stage, sector-agnostic fund.
SettleMint, the blockchain application development platform for the private and public sector has raised $16 million in Series A funding led by UK-based Molten Ventures.
Direct-to-consumer sleep-tech startup, The Sleep Company, has raised Rs 177 crore (about $21.3 million) as part of a fresh funding round led by Premji Invest.
Cashback and coupons platform CashKaro has raised Rs 130 crore as part of its recent funding round led by Affle Global Pte Ltd (AGPL).
Dataloop, an AI data management and annotation platform has raised $33 million in a Series B funding round led by NGP Capital and Alpha Wave Ventures.
Solar installation and financing startup SolarSquare has raised Rs 100 Crore in a Series A round led by Elevation Capital and Lowercarbon, Chris Sacca’s climate-tech fund.
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.
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.