Week in review 📊 (Apr 04 - Apr 09)
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Week in review 📊 (Apr 04 - Apr 09)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
Hi folks 🙋🏻♂️
A Quick Recap of the Week
Monday
Tata Group's super app 'Neu' arriving on April 7 to take on Amazon, Jio🥊
Spacetech startup Pixxel launches 'Shakuntala' satellite with Elon Musk's SpaceX🛰
CRED goes beyond credit card bills as it begins utility bill payments🏆
Tuesday
HDFC Bank, HDFC merge in mother of all M&A deals👑
Gautam Adani joins Elon Musk, Jeff Bezos, and others as the newest $100 billion man🤑
Elon Musk becomes Twitter’s largest shareholder🌟
Wednesday
Meesho to integrate grocery business in the core app🍅
Dailyhunt & Josh parent raises $805 Mn at a valuation of $5 Bn💸
Gupshup acquires VC-backed Active.ai; eyes $100-200 mn in pre-IPO round🏦
Thursday
Flipkart taps the healthcare sector with brand new 'Flipkart Health+' app👩🏻⚕️
Paytm will be operationally profitable in six quarters: Vijay Shekhar Sharma💚
Quick commerce players Swiggy Instamart, Zepto, Dunzo score big during IPL🏏
Friday
Tata's all-in-one super-app ‘Tata Neu’ is live for all users🤩
Flipkart eyes IPO valuation of $70 bn, US listing next year📊
Rebel Foods acquires majority stake in luxury chocolate brand Smoor🍫
Let’s move on to the top funding deals from the week.
Funding Deals
Payment issuance infrastructure platform CARD91 has raised $13 million in its pre-Series A round led by Infinity Ventures, Point72 Ventures, Sabre Partners, EMVC, and Commerce Venture.
EnKash, an all-in-one spend management platform and corporate cards company has raised $20 million as a part of its Series B funding round led by Ascent Capital with Baring India & Singapore-based White Ventures.
Software-as-a-service startup Rattle has raised $26 million in its Series A round, led by New York-based venture capital firm Insight Partners.
Direct-to-consumer (D2C) home fragrance and wellness brand Phool.co has raised $8 million in a funding round from consumer-focused venture fund, Sixth Sense Ventures. The round also saw participation from existing investor, Bollywood actor Alia Bhatt.
Doceree, the digital marketing platform targeting healthcare professionals (HCPs) has raised $11 million in Series A funding round led by Eight Roads Ventures.
Taki, a global token-powered social network, has raised $3.45 million from 11 global investors including CoinDCX, Coinbase Ventures and others.
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