Week in Review 📺 (Oct 30 - Nov 04)
Week in Review 📺 (Oct 30 - Nov 04)
Unleash the Power of the Week's Best Bits! From Big Bucks to Bold Innovations, Dive into the Review! 🚀🔍
Hey there, friends!👋🏻
Are you ready to catch up on the latest and greatest in the world of technology?
Let's quickly go through the week's biggest news, including funding deals and updates. Get ready to discover some exciting insights that will pique your interest in the world of tech.
Buckle up, it's going to be a brief but brilliant ride! 🌟🚀
Quick Recap of the Week
NPCI Takes Measures to Prevent Frauds, Provides Guidance to Banks🔒
Google Paid $26.3 Bn to Secure Default Search Engine Status in 2021🔍
Lenskart Expands AI Capabilities with Tango Eye Acquisition🕶️
Curefoods Acquires Yumlane to Expand Pizza Offerings🍕
Nazara Technologies Launches Game Publishing Division🎮
AppX Expands Its Edtech Capabilities with AppSquadz Acquisition📚
Indian Government Launches Investigation into Alleged State-Sponsored Cyber Attacks on Opposition Leaders🕵️♂️
Zurich Insurance Acquires 51% Stake in Kotak General Insurance for ₹4,051 Crore🤝
India Aims to Digitize 20% of GDP by 2025-26: MoS Rajeev Chandrasekhar at Global AI Summit📊
Straive Acquires Gramener to Enhance Data, Analytics & AI Capabilities📚
Mamaearth parent’s IPO subscribed 7.61 times🎉
Angel One Acquires DStreet Finance to Tap Gen Z📱
AJIO Launches AJIOGRAM to Assist India's Fashion Startups👗
Let’s move on to the top funding deals from the week.
Funding Deals
Spacetech startup Skyroot Aerospace has raised Rs 225 crore ($27 million approximately) in a pre-Series C round led by Temasek.
Vridhi Home Finance, a tech-enabled brick-and-mortar housing finance company, has raised Rs 150 crore in a Series A round led by Elevation Capital.
Health-tech startup Sugar.fit has raised $11 million in its Series A funding round led by MassMutual Ventures with participation from existing investors including Cure.fit (now Cult.fit), Tanglin Venture Partners, and Endiya Partners.
Sustainable packaging startup Fibmold has raised $10 million in a new round led by Omnivore and Accel.
Spice tech company Growcoms has secured $3.5 million in a new funding round co-led by JSW Ventures and Arali Ventures along with participation of existing investor InfoEdge Ventures.
Chennai-based affordable housing finance firm Aham Housing Finance has raised Rs 30 crore in a new round from Negen Capital.
Gurugram-based casual gaming studio Funstop Games has secured $1.5 million in its seed round led by InfoEdge Ventures.
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