Week in Review💥 (Apr 17 - Apr 22)

Apr 22, 2023

Hello Everyone👋🏻

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

Payment gateway access may be blocked for online games✋🏻
Netflix is responsible for 15% of Global Internet Traffic📺
On India trip, Tim Cook to discuss wider local manufacturing with the govt🤝🏻
Elon Musk to launch rival to Microsoft-backed ChatGPT⚔️
Project 'Magi': Google looks to take on Bing with AI-powered search engine🔍
Fantasy gaming to grow at 30% CAGR till 2027, regulatory clarity on GST to help🏏
Snap India doubled user base, engagement in 2022: CEO Evan Spiegel👻
Centre greenlights Rs 6,000 crore National Quantum Mission💪🏻
Elon Musk's Starship explodes during the test flight💥

Let’s move on to the top funding deals from the week.

Cyber security firm Safe Security (formerly Lucideus) has raised Series B funding of $50 million (around Rs 410 crore) led by Sorenson Capital, with participation from Eight Roads, Fidelity Investments’ venture capital arm, Telstra Ventures and WTI.
Heart-centered healthtech startup Tricog Health has raised $8.5 million in its Series B2 round from Omron Health Care and Sony Innovation Fund, among other investors.
CYFIRMA, an external threat landscape management company, has secured $5.5 million in a pre-Series B round led co-by Israel-based OurCrowd and L&T Innovation Fund.
Vision AI startup SwitchOn has raised $4.2 million in its Series A round led by a Singapore-based fund, Axilor Ventures, Pi Ventures, and angels such as Anuj Bihani, Laxmi Narayan, and others.
Mesa School of Business has raised Rs 34 crore from Elevation Capital and notable angel investors such as Kunal Shah (Cred), Vidit Aatrey (Meesho), Abhiraj Bahl, and others.