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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.
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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
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📡
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🍛
PharmEasy prepares Rs 750 Crore funding through convertible notes💊
Twitter shares rise by 23% after Elon Musk's U-turn on buyout offer💸
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📜
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.
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.
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