Week in review⏳
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
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A Quick Recap of the Week
SoftBank biggest foreign investor in India says, Masayoshi Son💹
Facebook India's FY21 gross ad revenue soars to Rs 9,326 crore📈
Uber to allow users to book rides via WhatsApp in India🚕
Chip major Qualcomm to book 20X returns in MapmyIndia's IPO📊
Bizongo raises $110 mn at $600 mn valuation💰
Starlink To Apply For Commercial License By January 2022💫
Indian SaaS startups raise a record $4.5 bn in 2021💻
Snapdeal goes omnichannel to target ‘Bharat’ ahead of IPO🏪
Ten-minute grocery delivery app Zepto eyes unicorn status🦄
Pristyn Care turns unicorn after $100 million funding led by Sequoia Capital🦄
Byju's buys Austrian firm GeoGebra in 10th acquisition in 2021👏🏻
Apple nears $3 trillion in market value🥇
Treat crypto as a special class of securities, CII urges government⚖
B2B e-com startup Udaan gives Reliance's JioMart a run for its money🛒
MapmyIndia IPO subscribed 2.02 times on day 1📊
Let’s move on to the funding deals from the week.
Fin-Tech platform PayGlocal has raised $4.9 million in a Series A funding round led by Sequoia Capital India with participation from BeeNext, Jitendra Gupta and Amrish Rau.
Data automation platform Immensitas Pvt Ltd has raised $2.3 million (Rs 17.25 crore) in a Pre-Series A1 round co-led by Growx Ventures, Artha Venture Fund and DSP Investment Managers Pvt Ltd.
AI-driven talent engagement and communication platform Sense has raised $50 million in Series D funding led by SoftBank Vision Fund 2.
Audio-based over-the-top (OTT) platform, Pocket FM, has raised $22.4 million as part of its Series B funding round led by Lightspeed.
Electric vehicle-charging infra start-up CHARGE+ZONE has raised $10 million as a bridge round, led by Venture Catalysts and others.
Simplified, an AI-powered content creation and marketing platform, said it has raised $8.5 million in a seed funding round led by Craft Ventures.
Agritech startup AgroStar has raised $70 million as a part of its Series D funding round from Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC.
Customer engagement platform MoEngage has raised $30 million, led by Steadview Capital.
Edtech platform in the K12 category PlanetSpark has raised $13.5 million in a Series B funding round led by Prime Venture Partners.
Peer-to-peer lending firm LenDenClub has secured $10 million in a Series A round from investors such as CRED founder Kunal Shah and cricketer Hardik Pandya.
CometChat, a CpaaS (communication platform as a service) startup has bagged $10 million in a Series A funding round led by Signal Peak Ventures.
Ola Electric has raised about Rs 398.3 crore in a fresh funding round from investors such as Temasek, IIFL, Edelweiss, Vijay Shekhar Sharma and DST Global's Rahul Mehta. Bollywood personalities such as Farhan Akhtar, Ritesh Sidhwani, Zoya Akhtar and Amrita Arora have also been allotted shares in the company.
Suki.AI Inc, a health-tech start-up, has raised $55 million (around ₹412 crores) in a Series C funding round led by March Capital.
Indonesia-based fintech company Flip has raised $48 million in a Series B round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners.
Exponent Energy, a startup developing fast-charging battery and charger technology for electric vehicles, has raised $5 million in funding led by YourNest VC, along with participation from 3one4 Capital and Motherson Group.
Social commerce startup Stage3 has raised Rs 20 crore in a funding round co-led by Inflection Point Ventures and LC Nueva Investment Partners LLP.
Polygon announced a $400 million acquisition of Mir, a project focusing on zero-knowledge proofs.
Direct-to-consumer dental-tech startup 'Snazzy' has raised $2.2 million in a funding round from YCombinator, Form Capital, Goodwater Capital, and ANIM Fund.
Direct-to-Consumer personal and home care products startup Clensta has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures.
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