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Week in Review 🗞️ (Aug 28 - Sep 02)
Unleash the Power of the Week's Best Bits! From Big Bucks to Bold Innovations, Dive into the Review! 🚀🔍
Hey there, friends!👋🏻
Are you ready to catch up on the latest and greatest in the world of technology?
Let's take a quick trip through the week's biggest news, including funding deals and updates. Get ready to discover some exciting insights that will pique your interest in the world of tech.
Buckle up, it's going to be a brief but brilliant ride! 🌟🚀
Quick Recap of the Week
🦄 Zepto turns Unicorn: Breaking the Drought! 🚀
🔥 Elon Musk's Promise: X's LinkedIn Challenger Will Be Cool! 🌟
🌐 Reliance's Tech Revolution: Mukesh Ambani Unveils AI-Powered Vision! 🤖
🚀 Aditya L1: ISRO's Solar Odyssey Begins!
🌙 Chandrayaan-3 Rover Uncovers Sulphur Surprise!
🍏 Apple's September Extravaganza: Mark Your Calendars for September 12!
📈 PhonePe Enters Stockbroking with Share.Market 📊
💰 Fintech's $400 Billion Vision 🚀
🛍️ Swiggy's Subscription Power Play 💳
📈 UPI Crosses Record-Breaking 10 Billion Transactions Milestone! 💸
🔥 Garena's Free Fire Makes a Fiery Comeback in India! 🎮🇮🇳
🌕 Chandrayaan-3's Frugal Triumphs: A Lesson for IIM Classrooms! 📚
Let’s move on to the top funding deals from the week.
Zepto has become the newest and first unicorn of 2023 as the Mumbai-based startup scooped up $200 million in its Series E round. The round was led by venture capital firm StepStone with participation from Goodwater.
Digital healthcare platform Medibuddy has secured an additional $18 million from the existing investors Quadria Capital, Lightrock, and TEAMFund.
SatSure, a provider of satellite Earth observation data and analytics, has closed a Series A round worth $15 million in equity and venture debt. The round was led by Baring Private Equity Partners (BPEP), India and Promus Ventures.
Hyderabad-based data-driven fintech startup CredRight has raised Rs 78 crore ($9.7 million approx) in funding through a combination of equity and debt.
Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital.
Logistics company ShipEase has raised $1 million in a pre-Series A Round led by Inflection Point Ventures.
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