Summary of the week📰
A quick look back at the week's key tech headlines and funding deals.
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A Quick Recap of the Week
Monday
Paytm raises 45% of record IPO target from anchor investors💸
Clubhouse rolls out app in five Indian languages🎧
Chingari's crypto token raises $40 million within 24 hrs of its live sale🔥
Tuesday
Byju’s raises $1.2 billion via term loan📚
Policymakers considering ‘middle path’ on crypto😇
Amazon Pay India gets Rs 1,000 Cr from parent company👜
Wednesday
Social commerce start-up Meesho top downloaded Indian app🛍
Freshworks initiates $500 million share sale to tap listing gains💰
Good Glamm group turns into a beauty unicorn🦄
Thursday
Nykaa’s market-cap crosses Rs 1 lakh crore on listing day💄
Zomato investments turn Curefit to unicorn valued at $1.5 bn🥗
PharmEasy parent files draft papers for Rs 6,250-crore IPO💊
Friday
Elon Musk sells Tesla shares worth $5 billion after Twitter poll🚘
BharatPe to launch ‘Merchant Shareholding Program’ for its merchant partners📊
Agnikul showcases its Made In India rocket in Dubai🚀
Funding Deals
Faze Technologies, a startup that builds fun consumer experiences on top of public blockchains, has raised $17.4 million in a seed funding round led by Tiger Global Management.
Natural pet food brand Dogsee Chew has raised $7 million as part of its pre-Series A round from Sixth Sense Ventures.
Peer-to-peer lending platform, Finzy, has raised $2 million as a part of a bridge round.
The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank's Vision Fund 2.
Car-sharing startup Zoomcar has raised $92 million in a private placement led by New York-based SternAegis Ventures with participation from international family offices and institutional investors.
Global learning platform for children, BrightChamps, has raised $63 million in funding from global private equity and venture capital funds Premji Invest and GSV Ventures among others.
HR tech startup Advantage Club has raised a total of $5 million from Y-Combinator, Jetty Ventures, Earlsfield Capital, SMC Advisors, Kunal Shah, among others.
Cloud kitchen company Curefoods, which operates ‘EatFit’, is in talks to raise $30 million in an equity funding round led by Accel and Chiratae.
EV battery swapping network Battery Smart has raised $7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures.
D2C babycare brand SuperBottoms has raised Rs 3.5 crore in venture debt funding from Alteria Capital.
SaaS startup CloudFiles raised Rs 2.36 Crores in pre-seed round of funding led by Titan Capital.
Last-mile distribution provider, Xpand, has raised $1.5 million from several high net-worth individuals (HNIs), as a part of its pre-Series A funding round.
Fintech-driven agriculture service platform, Unnati Agri has raised ₹60 crores in a Series A funding round from Incofin Investment Management, NabVentures, and Orios.
Troo Good, a millet snacks maker, has raised ₹55 crores in its Series A funding round led by investment firm OAKS Asset Management.
Wakefit, a home and sleep solutions company has raised $28 million (Rs 200 crore) in a Series C funding round from investors led by US-based SIG, a global trading and investment firm headquartered in Pennsylvania.
Cradlewise, a Silicon Valley-based startup that makes smart cribs for babies, has raised $7 million in a seed funding round led by early-stage venture capital firm Footwork.
CapGrid, a B2B commerce startup specialising in sourcing and procurement of direct-material supplies, has raised Rs 4.1 crore seed funding from Anicut Angel Fund, Axilor Ventures and Firstcheque.
Exotel, a cloud telephony firm, has acquired chatbot developer Cogno AI in a cash-and-stock deal, as part of its plans to build a complete customer engagement platform.
Have a wonderful weekend!🥳
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