Week in review ๐ (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 ๐๐ปโโ๏ธ
A Quick Recap of the Week
Monday
Tata Group's super app 'Neu' arriving on April 7 to take on Amazon, Jio๐ฅ
Spacetech startup Pixxel launches 'Shakuntala' satellite with Elon Musk's SpaceX๐ฐ
CRED goes beyond credit card bills as it begins utility bill payments๐
Tuesday
HDFC Bank, HDFC merge inโ motherโ ofโ allโ M&A deals๐
Gautam Adani joins Elon Musk, Jeff Bezos, and others as the newest $100 billion man๐ค
Elon Musk becomes Twitterโs largest shareholder๐
Wednesday
Meesho to integrate grocery business in the core app๐
Dailyhunt & Josh parent raises $805 Mn at a valuation of $5 Bn๐ธ
Gupshup acquires VC-backed Active.ai; eyes $100-200 mn in pre-IPO round๐ฆ
Thursday
Flipkart taps the healthcare sector with brand new 'Flipkart Health+' app๐ฉ๐ปโโ๏ธ
Paytm will be operationally profitable in six quarters: Vijay Shekhar Sharma๐
Quick commerce players Swiggy Instamart, Zepto, Dunzo score big during IPL๐
Friday
Tata's all-in-one super-app โTata Neuโ is live for all users๐คฉ
Flipkart eyes IPO valuation of $70 bn, US listing next year๐
Rebel Foods acquires majority stake in luxury chocolate brand Smoor๐ซ
Letโs 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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