Week in review ๐ (Apr 18 - Apr 23)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
Hi folks ๐๐ปโโ๏ธ
A Quick Recap of the Week
Monday
TPG-backed FirstCry nears $700 million IPO filing๐น
Tata Neu will include offerings beyond Tata Group๐
Sequoia to harden compliance amid trouble in India, SE Asian portfolioโจ
Tuesday
Ecommerce logistics firms Delhivery, Ecom Express, Xpressbees give aggregators a price shock๐
Rivals Swiggy and Zomato back UrbanPiper in a $24 million funding round๐
India likely to mint over 250 unicorns by 2025: Report๐ฆ
Wednesday
Flipkart acquires D2C SaaS platform ANS Commerce๐ค๐ป
CoinDCX raises $135 million, doubles valuation to $2.15 billion๐ฐ
Anushka Sharma backs Slurrp Farm maker as investor and brand ambassador๐ฒ
Thursday
BookMyShow makes strategic investment in TribeVibe for majority stake๐๏ธ
Gupshup acquires conversational AI provider AskSid๐ฏ๏ธ
Microsoft announces two startup initiatives in India๐ก
Friday
HealthifyMe mulls IPO, targets $200 million annual revenue run rate by 2024๐ง๐ปโโ๏ธ
BigBasket ramps up qcommerce bid with 10-20 min delivery service๐งบ
Ola Electric posts Rs 200 crore loss in FY21๐ต
Letโs move on to the top funding deals from the week.
Funding Deals
Stockal, a cross-border investment platform, has raised $9 million as part of its Series A round of funding.
SaaS startup ITILITE has raised $29 million in a Series C round led by Tiger Global and Dharana Capital.
B2B fintech platform Recur Club has raised $30 million in one of the largest seed rounds in the country. The round, which was a mix of equity and debt, was led by InfoEdge Ventures and Village Global.
Loop, a healthcare and insurance startup, has secured $25 Million in its Series B round, co-led by General Catalyst and Elevation Capital.
Video editing software startup VideoVerse, formerly known as Toch AI, has raised $46.8 million in a funding round led by A91 Partners and Alpha Wave Global.
Financepeer, an education-focused fintech startup, has raised $31 million in a funding round led by QED Investors and Aavishkaar Capital.
Cricket-based NFT platform Rario bags $120 million in a Series A funding round led by Dream Capital, the corporate venture capital and M&A wing of Dream Sports.
Have a wonderful weekend!๐ฅณ
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