Week in Review 🎀 (May 8 - May 13)
Top headlines and funding deals in the startup ecosystem. From the latest trends to the biggest investments with bundle of growth hacks, we’ve got you covered.
Hello Everyone👋🏻
Welcome to our Week in Review!
From the latest trends to the biggest investments, we’ve got you covered.
So sit back, relax, and catch up on all the news you need to know to stay ahead of the game.🛋️
Quick Recap of the Week
Price war brewing as ONDC takes on food-delivery majors Zomato, Swiggy
Invesco slashes Swiggy’s valuation to $5.5 billion from $8.2 billion
Aditya Birla Fashion To Acquire PE-Backed Marketer Of Fashion Labels W, Aurelia
Elon Musk says Twitter to remove accounts with ‘no activity for several years’
iPhone maker Foxconn buys site in Bengaluru for $37 million
Google to roll out generative AI chatbot Bard in 180 countries, including India
Vanguard slashes Ola’s valuation by 35% to $4.8 billion
Royal Enfield to invest ₹1,000 cr in EVs, petrol bikes
SoftBank Vision Fund logs $32 billion annual loss; sells 2% in Paytm
Let’s move on to the top funding deals from the week.
Funding Deals
Ripplr, which is a tech-enabled distributor of FMCG products, has raised $40 million in funding led by consumer-focussed venture investment fund Fireside Ventures.
THB, an enterprise healthcare SaaS company, has raised $20 million in growth equity round led by Filter Capital and Edelweiss Discovery Fund Series – I.
Cybersecurity startup SquareX has raised $6 million in a seed round led by Sequoia Capital Southeast Asia.
Agri-food processing company Agrizy has raised debt funding of $5 million co-led by SBI, Yes Bank, Vivriti Capital, and other financial institutions.
Global escrow banking platform Castler has raised $5 million in a pre-Series A round co-led by Capital 2B (an Info Edge fund) and IIFL Fintech Fund.
Zyngo EV Mobility, a Gurugram-based tech-enabled third-party logistics service provider, has raised $5 million in Pre-Series A funding led by Delta Corp Holdings (Delta Corp).
Medical technology company GenWorks Health Private Limited has raised an investment of $4 million led by the alternative credit platform BlackSoil.
I have compiled a Table with all the Funding deals with the amount and Investor information.💰📈
Amazing Reads
🌱 Cultivating a Growth Mindset (Read here)
🎨 Unlocking Your Creative Potential (Read here)
🕰️ Time Management Strategies for Productivity (Read here)
🏆 Goal Setting and Achievement (Read here)
💆♂️ Importance of Self-Care for Mental Health (Read here)
🚀 Mastering Decision-Making: 3 Tips (Read here)
🤝🏻 Power of Assertiveness: Communicate with Confidence (Read here)
🎯 How to Stay Focused and Boost Productivity (Read here)
🌟 Developing Emotional Intelligence (Read here)
🌞 Power of Positive Thinking (Read here)
🔥 5 Tips on How to Avoid Procrastination (Read here)
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