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Week in Review 🧨 (Nov 13 - Nov 18)
Unleash the Power of the Week's Best Bits! From Big Bucks to Bold Innovations, Dive into the Review! 🚀🔍
Dear Rise & Shine Community,
Welcome to the Saturday edition of Rise & Shine—a recap of a week filled with optimism, opportunities, and mindful living. 🚀
Today's newsletter is a special edition where we revisit the highlights, including the top news and funding deals of the week.
Quick Recap of the Week
Piyush Goyal Explores Tech Synergies in USA 🌐
Meta Unleashes AI-Powered Video Editing Tools 📹
Tata Tech IPO opens on November 22, price band of Rs 475 to Rs 500📊
Amazon Prime Video Scores Big in Sports Streaming Arena 🏏🔥
SoftBank Unloads Delhivery Shares, Stock Takes a Dip 📉🚚
Healthtech startup Ultrahuman sued for patent violations💍
Walmart’s Q3 gross margins rise as Flipkart’s annual sale event shifts to Q4🛒
Let’s move on to the top funding deals from the week.
Funding Deals
Keychain, a manufacturing platform for the packaged goods industry has raised $18 million in a seed funding round led by Lightspeed Venture Partners.
Online cake delivery startup Bakingo has raised $16 million in its first round of growth capital from private equity firm Faering Capital.
Consumer lending and payments startup, Slice (GIPL) has raised Rs 75 crore or $9 million in debt from Stride Ventures.
Medical technology startup Inito has raised $6 million in a Series A round led by Fireside Ventures.
Sharechat co-founders Farid Ahsan and Bhanu Singh, who left the social media firm in January this year, have raised $3 million in seed funding for their new startup General Autonomy. Venture capital firms India Quotient and Elevation Capital have led the round.
CENTA, a teacher accreditation platform, has raised $1 million from angel investors such as Leo Puri, Pankaj Sahni, Bahram Vakil and Nikhil Mohta.
Breathe ESG, a startup offering enterprise SaaS solutions for sustainability management has raised $315,000 in a pre-seed funding round led by 100X.VC.
Direct-to-consumer brand Happy Nature has raised $300,000 in a pre-Series A round led by Inflection Point Ventures.
Gurugram-based plus-size innerwear and comfort clothing startup Happie Curves has raised an angel funding of Rs 20 lakh from two startup founders-cum-angel investors – Rikant Pittie of EaseMyTrip and Aparna Thyagarajan Of Shobhitam Inc.
Full-stack agritech marketplace DeHaat has entered into a business transfer agreement (BTA) with Freshtrop Fruits Limited to absorb the Ahmedabad-based firm’s export network and grading, packing, and precooling centers as well as manpower.
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!