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Week in review📜 (Feb 21 - Feb 26)
A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.
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A Quick Recap of the Week
Sebi plans tougher pricing norms for startup IPOs amid share meltdown🚫
Equitas Small Finance Bank sets QIP issue price at Rs 53.59 per share🏦
BigBasket acquires Kerala-based startup Agrima Infotech👨🏻🌾
Flipkart sells Cleartrip’s Middle East business to Wego✈
Sebi clears PharmEasy’s Rs 6,250 cr IPO💊
India to be the hub for PUBG maker’s foray into emerging markets🎮
Hasura raises $100 million, becomes tenth startup unicorn of 2022🦄
Byju’s-owned upskilling platform Great Learning buys recruitment firm Superset🎓
Food delivery platform Swiggy eyes $800 million IPO early next year📊
Facebook launches Reels in more than 150 countries🌏
Good Creator Co. likely to acquire video commerce startup Bulbul🤳🏻
Ad body issues guidelines for marketing crypto assets⚖
Edtech firms offer job guarantees amid war for tech talent💼
Curefoods acquires franchise rights for US-based pizza chain Sbarro🍕
Data wiping malware hits hundreds of Ukraine computers⚠
Let’s move on to the funding deals from the week.
Propelld, a Bengaluru-based fintech startup, has raised $35 million in a Series B funding round led by WestBridge Capital and existing investors Stellaris Venture Partners and India Quotient.
Metaverse startup, Bullieverse, has raised $4 Mn in a funding round led by Web3.0 venture funds and a slew of other investors.
Software as a service (SaaS) startup Increff has raised $12 million in its Series B funding round, led by TVS Capital Funds, Premji Invest, and Binny Bansal’s 021 Capital.
Direct-to-consumer (D2C) healthy snacking brand Happilo has raised $25 million from Motilal Oswal PE (MOPE).
Cleantech startup Sistema.bio has raised $15.6 million in its Series B round led by KawiSafi Ventures and AXA IM Alts.
RetainIQ, an ecommerce marketing company, has raised $2.3 million (Rs 17.2 crore) in a funding round led by venture capital firm Accel Partners.
End-to-end digital healthcare platform, MediBuddy has raised $125 million in Series C funding from Quadria Capital and Lightrock India.
Facilio, a leading property operations software platform has raised $35 million in Series B financing led by Dragoneer Investment Group.
Millet-based food startup Wholsum Foods, which is the maker of children’s food brand Slurrp Farm has raised $7 million round led by Investment Corporation of Dubai and existing investor Fireside Ventures.
Agritech platform Krishify has raised $6.2 million in a pre-Series A round led by venture capital fund Omnivore.
B2B company for rewards, incentives, and payouts, Xoxoday, has raised $30 million from Giift and Apis Partners.
SaaS-based logistics management platform Shipsy has raised $25 million in a Series B round co-led by A91 Partners and Z3 Partners.
Arrivae, an interior designing startup, raised Rs 75 crore ($10 million) in Series B round from Think Investments, a private investment firm and Havells Group.
Neobanking platform Niyo has raised $100 million as a part of its new funding round, led by Accel and Lightrock India.
Value retailer 1-India Family Mart has raised Rs 50 crore in funding from Dubai-based Gulf Islamic Investments (GII).
Indian edtech startup Bhanzu has raised $2 million as a part of its seed funding round led by Lightspeed.
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