Week in review 🚚 (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 🙋🏻♂️
A Quick Recap of the Week
Monday
TPG-backed FirstCry nears $700 million IPO filing💹
Tata Neu will include offerings beyond Tata Group🛒
Sequoia to harden compliance amid trouble in India, SE Asian portfolio✨
Tuesday
Ecommerce logistics firms Delhivery, Ecom Express, Xpressbees give aggregators a price shock🚚
Rivals Swiggy and Zomato back UrbanPiper in a $24 million funding round🍕
India likely to mint over 250 unicorns by 2025: Report🦄
Wednesday
Flipkart acquires D2C SaaS platform ANS Commerce🤝🏻
CoinDCX raises $135 million, doubles valuation to $2.15 billion💰
Anushka Sharma backs Slurrp Farm maker as investor and brand ambassador🍲
Thursday
BookMyShow makes strategic investment in TribeVibe for majority stake🎞️
Gupshup acquires conversational AI provider AskSid🗯️
Microsoft announces two startup initiatives in India💡
Friday
HealthifyMe mulls IPO, targets $200 million annual revenue run rate by 2024🧑🏻⚕️
BigBasket ramps up qcommerce bid with 10-20 min delivery service🧺
Ola Electric posts Rs 200 crore loss in FY21🛵
Let’s 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!🥳
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