Week in review📰
A quick look back at the week's key tech headlines and funding deals.
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A Quick Recap of the Week
India leading the world in the field of start-ups says, PM Narendra Modi👏🏻
Slice joins unicorn club after Tiger, others invest $220 mn🦄
Reliance Jio announces up to 21% hike in tariffs📈
IIT Bombay alumnus Parag Agrawal replaces Jack Dorsey as Twitter CEO😎
upGrad makes the first overseas deal, snaps up Australian Global Study Partners🌐
CoinDCX plans to pursue IPO as soon as India regulations are in place📜
JioMart turns to WhatsApp to compete against Amazon, Flipkart🛒
Zomato launches ‘Wings’ to help restaurants secure funding🍽
Snapdeal targets $250 million India IPO in 2022🛍
Cred to acquire Happay to expand its suite of fintech offerings💰
Nykaa plans to open 300 stores to drive offline growth: Falguni Nayar💄
Upstox now allows investing in IPO, opening Demat account via WhatsApp📊
Swiggy to invest $700 mn in quick delivery biz Instamart⏩
Ola plans IPO in the first half of 2022, readies 'super app'💪🏻
Freshworks loses $5.45 billion market cap since declaring Q3 results📉
Let’s move on to the funding deals from the week.
Faasos parent Rebel Foods has topped up its Series F round with $14.5 million.
D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round led by DSG Consumer Partners and RPG Ventures.
Casual dining chain The Barbeque Company has secured $1.5 million (around Rs 11.1 crore) in its pre-seed funding round from a group of angel investors led by Nitesh Agarwal.
Edtech Startup Toppersnotes has raised $1 million in a seed round led by Inflection Point Ventures along with LetsVenture and other angels.
21K School, an edtech platform, has raised $5 million in a Pre-Series A round led by Ronnie Screwvala, co-founder and chairman of upGrad.
Digiboxx, a startup that provides file storage and sharing or cloud storage services, has raised $1.5 million in a pre-series-A funding round led by Capgro Fund.
ABL Workspaces, a coworking and flexible working space provider, has raised Rs 15 crore in a Series A funding round from Ethik Inc of Canada.
Jade Forest, a direct-to-consumer beverage brand, has raised $1 million in a funding round led by Mumbai Angels Network.
Adda247, an edtech platform, has raised $20 million in a round led by WestBridge Capital.
Ykrita Life Sciences has raised $1.2 million in a seed funding round led by Venture Catalysts. Indian Scientific Innovation Company Limited also participated in this round.
Adonia Hospitality, a seed-stage food-tech startup, has raised upwards of $1 million from Pepperfry founders Ambareesh Murty and Ashish Shah as part of its seed round.
Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection features, has raised a $40 million Series B round led by Valar Ventures & IA Ventures.
Online higher education platform CollegeDekho has closed its Series B funding of $35 million to further improve its offerings for students and colleges.
NxtWave, a Hyderabad-based education technology startup, has raised $2.8 million in a funding round led by Orios Venture Partners and Better Capital.
Early-stage venture capital firm 8i Ventures has launched its second fund under which it seeks to raise $50 million.
E-commerce startup BizzTm has raised $1.2 million in a seed round led by 2am VC, Axilor Ventures, Let’s Venture, IIMI Fund, Qua Capital and Incisive Ventures.
Microfinance.AI, a digital mobile platform for local-language, has raised $200K in its pre-seed funding round led by We Founder Circle.
Have a wonderful weekend!🥳
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