Week in review 😊 (Mar 13 - Mar 18)
Week in review 😊 (Mar 13 - Mar 18)
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!
As a young 24-year-old who’s not had a definitive career path to walk on, happiness had become this distant ambitious goal that I just didn’t deserve until I put in the work.
“You can’t be happy while your career remains this messy. You can’t be happy until you figure out what you want to do. You can’t be happy until you achieve something substantial. You can’t be happy until you have a reason enough.”
Happiness is better a choice than a circumstance. Happiness is better a journey than a destination. Happiness is better independent than dependent.
We are introducing a new section where every week Devikka will talk about Happiness. Tap on the button to read the entire article.
Quick Recap of the Week
➡️ Monday
Indian government to meet startups over SVB crisis🤝🏻
PhonePe gets payment aggregator licence, reaches $1 Tn annualised payment value run rate💸
Gaming studios devise major plans to fill PUBG space🎮
➡️ Tuesday
HSBC acquires Silicon Valley Bank UK unit for £1🏦
Sitharaman unveils Rs 1.18 trillion J&K budget for FY24📊
AI startups raise over $50 billion venture capital funding in 2022: GlobalData💰
➡️ Wednesday
Google-backed Anthropic launches ChatGPT rival chatbot Claude⚔️
Brands ride on Oscar WinneRRRs🏆
OpenAI Launches GPT-4, the Latest Breakthrough in Natural Language Processing🤖
➡️ Thursday
Lenskart raises $500 Mn from Abu Dhabi Investment Authority at flat $4.5 Bn valuation👓
LEAD completes acquisition of Pearson’s local K-12 learning biz👩🏻🏫
India had over 700 million active internet users in 2022: Nielsen📶
➡️ Friday
Apple supplier Foxconn to invest $200M in India to build AirPods factory🎧
Oyo rolls out accelerator program for small first-gen hoteliers🏨
Indian startups have deposits worth $1 billion in SVB: MoS IT Rajeev Chandrasekhar🏦
Let’s move on to the top funding deals from the week.
Funding Deals
Super Six Sports Gaming Pvt. Ltd (SSSG), the parent of fantasy sports brand Fantasy Akhada, has raised $11 million (around Rs 90 crore) in a fresh round led by Florintree Advisors.
T.A.C – The Ayurveda Co., a D2C omnichannel Ayurvedic lifestyle brand, has raised Rs 100 crore in its Series A round led by Sixth Sense Ventures.
Bengaluru-headquartered HealthPlix Technologies has raised $22 million in a Series C funding round led by Avataar Venture Partners and SIG Venture Capital.
Gynoveda, a female tech platform, has raised $10 million in a Series A round led by India Alternative Fund.
B2B marketplace Jumbotail has raised Rs 75 crore from Alteria Capital and Innoven Capital in a venture debt round.
One Impression, an influencer marketing platform, has raised $10 million in a Series A round led by South Korean gaming major KRAFTON.
Sports collectibles and gaming platform BuyStars has raised $5 million in a pre-series A round led by Lumikai.
Online visa application platform Atlys has raised $12 million from Sequoia Capital and Accel Partners.
Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital.
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