Week in review🚀 (Oct 3 - Oct 8)

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👇🏻

---

"The 3 C's of life: Choices, Chances, Changes. You must make a choice to take a chance or your life will never change."

The greatest and most persistent blockages to your progress in life usually come from a single source—yourself. You should always take the time for things that are important to you. Only you can honestly decide what makes a good life for you. You must take a chance by having faith in yourself. Otherwise, your situation will never change.

---

Quick Recap of the Week

➡️ Monday

• Reliance Jio to launch 4G enabled low-cost laptop at ₹15,000💻

• Cred launches UPI-linked payment feature Scan & Pay🤳🏻

• TCS carves out two new telecom, 5G business units📡

➡️ Tuesday

• Prosus terminates $4.7 billion deal to acquire payments firm BillDesk🙅🏻

• PhonePe shifts headquarters from Singapore to India🏢

• QSR chain Wow! Momo enters into Metaverse🍛

➡️ Wednesday

• Happy Dussehra🔥

• PharmEasy prepares Rs 750 Crore funding through convertible notes💊

• Twitter shares rise by 23% after Elon Musk's U-turn on buyout offer💸

➡️ Thursday

• ISRO to launch 36 satellites of OneWeb later this month🚀

• Robotics startup Miko acquires 70% stake in Square Off🤖

• Govt to release revised draft of PDP Bill by early November📜

➡️ Friday

• Nykaa forms strategic alliance with Apparel Group to enter GCC market💄

• ShareChat’s virtual gifting feature generates $50 million annually🎁

• Flipkart spent $1.1 billion from February to July, Walmart filings show💸

---

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

Funding Deals

• Neo-banking crypto startup Juno has raised $18 million as a part of its latest round of funding, led by crypto-native investment firm, ParaFi Capital’s Growth Fund.

• Cloud kitchen brand Rebel Foods, which turned unicorn last year, has raised Rs 75 crore or $9.22 million in venture debt from Alteria Capital.

• Supply chain visibility company Four Kites announced a $10 million investment from Mitsui & Co, Ltd to expand FourKites’ offerings across the APAC region.

• Enterprise-grade blockchain startup the XDC Network has bagged $50 million from global alternative investment group LDA Capital.

• Electric vehicle (EV) startup Euler Motors has raised $60 million in funding led by Singapore’s sovereign wealth fund GIC.

• Info Edge has invested Rs 135.4 crore ($17 million) to acquire a majority stake in the e-learning platform Coding Ninjas.

• HRtech startup HROne has raised $4 million in a Series A funding round led by Insitor Partners.

---

We'd Like to Hear From You!

A simple form which will take hardly 5 mins. This will help us to improve the start of your day.

---

We are coming up with a lot of exciting content in the coming days.

Stay connected on our socials Instagram, Twitter, and LinkedIn for updates.

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.