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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
Future Retail to turn down Amazon’s request for due diligence🙅🏻♂️
Good Glamm Group buys majority stake in Organic Harvest💄
Dailyhunt’s parent raises fresh funds at $3.1 Bn valuation🤳🏻
Swiggy turns decacorn after closing $700 million round🦄
Ola Electric raises $200 million at $5 billion valuation🔌
Tech stocks hit all-time lows amid brutal sell-off⤵
Darwinbox evolves into Hyderabad’s first home-grown unicorn🦄
Fynd and Netmeds team up for Reliance’s beauty platform💄
Mensa Brands forays into home gardening space with acquisition of TrustBasket👨🏻🌾
Boat set to float Rs 2,000-crore IPO, eyes $1.5-2 billion valuation🎧
IPO-bound Oyo gets in-principle listing approval from BSE, NSE📊
TCS, Infosys rank among the most valuable IT services brands globally👨🏻💻
DealShare turns unicorn; raises new round at $1.6 Bn valuation🛒
Lee Fixel’s Addition makes its 2nd India bet, invests $14 mn in SuperOps.ai💻
Curefoods merges with rival Maverix to create cloud-kitchen giant👨🏻🍳
Let’s move on to the funding deals from the week.
StanPlus, an online ambulance aggregator, has raised $20 million in debt and equity in a funding round led by HealthQuad, Kalaari Capital and HealthX Capital Singapore.
Fintech startup Scripbox has raised $21 million in its Series D round led by Accel Partners.
Agritech startup Bijak has raised Rs 144.2 crore or nearly $20 million in its Series B round from new and existing investors.
Zuper, a field service management platform, has raised $13 million in its Series A round led by FUSE.
Smiles.ai, an online platform for dental treatments has raised $23 million in a Series A round, led by Alpha Wave Incubation (Falcon Edge Capital).
Raise Financial Services, a fintech startup based in Bengaluru, has received $22 million in a new funding round led by Beenext and Mirae Asset Venture Investments.
Legaltech startup LegalKart has raised Rs 4 crore in a Pre-Series A round led by Mumbai Angels along with IIM Udaipur Incubation Center.
Mobile app builder firm Vajro said it has raised $8.5 million (around Rs 63.52 crore) in a funding round from Kansas City-based growth equity firm Five Elms Capital.
Crypto investment app Flint has raised $5.1 million in a funding round led by Sequoia Capital India and Global Founders.
Film and digital studio startup Content Engineers has raised $50 Mn from tech consulting and angel investing enterprise Veear Projects Inc.
Business-to-business grocery startup Shopkirana has raised $38 million from Info Edge, Oman India joint investment fund, Sixth Sense Ventures and other investors.
Vyapar, an accounting and inventory management startup focusing on small businesses, has raised $30 million as a part of its fresh fundraise led by WestBridge Capital.
Digital skills assessment platform iMocha has raised $14 million in a funding round led by global investment firm Eight Roads Ventures.
Agritech startup Our Food on Thursday said it has raised $6 million (around Rs 45 crore) in a funding round led by existing investor 3Lines Venture Capital and a new investor, C4D Asia Fund.
Community-led live learning platform Growth School announced that it has raised $5 million in a funding round led by Sequoia Capital India and Owl Ventures.
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