Week in Review ๐พ (Dec 25 - Dec 30)
Unleash the Power of the Week's Best Bits! From Big Bucks to Bold Innovations, Dive into the Review! ๐๐
Dear Rise & Shine Community,
Welcome to the Saturday edition of Rise & Shineโa recap of a week filled with optimism, opportunities, and mindful living. ๐
Today's newsletter is a special edition where we revisit the highlights, including the top news and funding deals of the week.
As we stand on the threshold of a new year, let's take a moment to reflect on the chapters we've written together.
As the calendar turns, let's embrace the lessons, celebrate the victories, and welcome the blank pages ahead.
Your journey with us has been inspiring, and we can't wait to script more stories together in the coming year.
Wishing you a reflective and joyous end to 2023! ๐
Quick Recap of the Week
InCred turns unicorn after raising $60 Mn
Ola Electric files DRHP with SEBI, to raise Rs 5,500 Cr via fresh issue
Noise valuation stands at $460 Mn after $10 Mn funding from Bose
Infosys share price falls almost 3% on $1.5 billion deal termination
Adani Energy raises USD 300 million from TotalEnergies for JV project
Aditya Birla Capital to invest โน900 crore in two subsidiaries on rights basis
Jio working with IIT-B to launch โBharat GPTโ
Zomato receives Rs 402 crore unpaid GST notice, company contests charges
Ratan Tata to sell all his 77,900 shares in FirstCry IPO
Letโs move on to the top funding deals from the week.
Funding Deals
Cloud kitchen startup Kitchens@ has raised $65 million from London-based private equity firm Finnest as part of the formerโs Series C funding round.
Electric vehicle financing startup Revfin has raised $14 million in its Series B round led by Omidyar Network.
Full-stack horticulture firm Fasal has raised Rs 100 crore (approximately $12 million) in its Series A round led by TDK Ventures and British International Investment (BII).
The consumer-centric venture fundย Sixth Sense Ventures made investments of Rs 100 crย in Pushp, an Indore-based spice business.
Express logistics and supply chain solutions startup Oxyzen Express has raised $3 million (Rs 25 crore) in the second tranche of its seed capital round from Tamil Nadu Emerging Sector Seed Fund and SNAM Group of Companies as lead investors.
Artificial intelligence-driven decarbonization platform LivNSense has raised $2.75 million in pre-Series A round led by Pavestone Technology Fund (Pavestone VC).
Entitled Solutions, an inclusion platform to make health and financial services accessible to urban low-income workers, has raised Rs 4 crore in an extended seed round from SIS Ltd, Facility Management, and Cash Logistics.ย
Thank you for being a cherished part of the Rise & Shine community. Let's continue this journey together, embracing positivity and mindfulness every step of the way.
Wishing you a weekend filled with joy and reflection!