Discover more from Rise & Shine ☀
Week in Review💼 (Apr 10 - Apr 15)
Top headlines and funding deals in the startup ecosystem. From the latest trends to the biggest investments, we’ve got you covered.
Welcome to our Week in Review!
From the latest trends to the biggest investments, we’ve got you covered.
So sit back, relax, and catch up on all the news you need to know to stay ahead of the game.🛋️
Today, we are covering:
Quick Recap of the week
Quick Recap of the Week
Jio Platforms bags Rs 350 crore deal to run National Informatics Centre’s cloud services🌐
Apple leases 1.16 lakh sq ft in Bengaluru for 10 years, to pay ₹2.43 cr per month🏢
Mumbai Apple Store to be no-go zone for competing brands⚔️
India working on regulations to restrain Big Tech market dominance📱
OpenAI to offer users up to $20,000 for reporting bugs🤖
Firstcry subsidiary Globalbees signs pact to sell overseas brands in India market🐝
Zerodha forms JV with Smallcase for mutual fund business💼
Vivo to invest ₹1100 crore in 2023 to expand India manufacturing capacity🏭
TCS Q4 net profit up 15% to Rs 11,392 crore📈
Delivery worker’s strike shuts more than 100 Blinkit dark stores in Delhi NCR🏪
Let’s move on to the top funding deals from the week.
KFin Technologies Limited (KFintech), a provider of global investor and issuer solutions, has acquired 100% stake in WebileApps, a Hyderabad-based enterprise product development and design firm for an undisclosed amount.
Mayhem Studios, the mobile game development studio has raised $20 million in its Series A round led by Sequoia Capital with participation from Steadview Capital, Truecaller and others.
FMCG major Godrej Consumer Products Ltd will invest Rs 100 crore in Early Spring, a new early consumer fund set up by Spring Marketing Capital (Spring).
JSW One Platforms has secured Rs 205 crore in funding from Japan's Mitsui & Co, valuing the marketplace at Rs 2,750 crore.
Cold chain marketplace startup Celcius has scooped up Rs 100 crore ($12 million) in a Series A funding led by IvyCap Ventures.
Co-working marketplace Stylework has raised $2 million in its Series A1 round from institutional investors including Capriglobal Holdings, QI Ventures and some undisclosed family offices.
Revenue-based financing company Klub has invested Rs 10 crore in D2C startups such as Papacream, NOTO Ice Cream, Artinci, and Local Ferment Co.
Workspace interiors platform OfficeBanao has raised $6 million in its seed round led by Lightspeed India Venture Partners.
I have compiled an Excel sheet with all the Funding deals with the amount and Investor information.💰📈
👉🏻 AI is Evolving Faster Than You Think [GPT-4 and beyond]
Take a deep look at the two weeks that changed the world. From GPT-4 to Google Bard, Midjourney v5 and even talk of AGI from Microsoft, it’s all right here.
Thanks for reading till the end!