Week in review👨🏻💻 (Feb 27 - Mar 04)
Week in review👨🏻💻 (Feb 27 - Mar 04)
A quick look at the week's top stories. Stay informed and stay ahead of the game by keeping up with the latest developments in the Indian startup world.
Hello folks👋🏻
Start your day, the smart way!
Daily Mail with a quick wrap of tech highlights and growth strategy that you can read in 2 mins!
"Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway."
This quote is a motivational reminder to stay persistent in pursuing our dreams, regardless of how long it takes to achieve them. It suggests that time is a finite resource that will pass regardless of what we do and that we should not let the fear of time passing deter us from pursuing what we truly want. Instead, we should focus on taking consistent action toward our goals, even if progress is slow because every step forward brings us closer to our desired outcome.
Quick Recap of the Week
➡️ Monday
Indian IT, BPM firms see high demand for AI chatbot pilots🤖
Amazon to board ONDC with logistics, SmartCommerce offerings🚚
Glance surpasses 30 million users in Indonesia; to launch Roposo📱
➡️ Tuesday
PhysicsWallah announces joint venture with Utkarsh Classes🤝🏻
Ashneer Grover’s Third Unicorn forays into fantasy sports with CrickPe🏏
Meta builds an A-team focused on AI products💻
➡️ Wednesday
Jio’s 5G rollout to be fastest in the world🗼
Faasos parent Rebel Foods to run US fast-food chain Wendy’s in India🌯
Disney, Viacom18 set up an epic clash for IPL viewers, revenues📺
➡️ Thursday
Blinkit set to launch Urban Company-like services💇🏻♀️
Nexus Venture Partners closes its largest-ever fund at $700 million💰
SoftBank sells shares worth Rs 954 crore in Delhivery🚚
➡️ Friday
OpenAI releases ChatGPT API for developers👨🏻💻
Swiggy sells Access Kitchens business to Kitchens@🍗
Fintechs Paytm, PhonePe, Google Pay eye advertising revenues from brands💸
Let’s move on to the top funding deals from the week.
Funding Deals
Intangle has bagged $10 million in a Series A funding round led by Baring Private Equity.
New-age matrimony platform, Betterhalf has bagged $8.5 million in a series A funding round led by Finsight Ventures.
EV cab service provider Evera has closed its pre-Series A funding round at $7 million (around Rs 57 crore). The funding’s first tranche saw participation from IEG Investment Banking Group, while Direct Capital and Westova Global invested in the second round.
Proptech unicorn NoBroker has bagged an additional Rs 40 crore ($5 million) in Series E funding from Google.
Oral-care brand Perfora has secured $2.5 million in a new round led by RPSG Capital Ventures.
Healthtech startup SigTuple has raised Rs 34.5 crore ($4.3 million) in a fresh round of funding led by existing investors Endiya Partners and Accel.
Store My Goods, a startup offering storage solutions, has raised $1 million from JITO Angel Network.
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