Week in review📰

Nov 27, 2021

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A Quick Recap of the Week

Monday

Tuesday

Wednesday

Thursday

Friday

Upstox turns unicorn with fresh round from Tiger Global🦄
B2B unicorn Udaan aims to onboard 5 million retailers by Dec 2022 in new grocery play🍅
BlackRock, Canada Pension bought more Paytm stock after rout😬

Let’s move on to the funding deals from the week.

Funding Deals

Purplle, an e-commerce beauty platform, has raised $60 million from Premji Invest, the family office of Wipro founder-chairman Azim Premji, valuing the D2C brand at $630 million.
Mindhouse, a curative wellness platform, has raised $6 million in funding led by Binny Bansal.
Biryani By Kilo (BBK) has raised $35 million in a Series B round led by Falcon Edge Capital, with participation from SBI and existing investor IvyCap Ventures.

Altum Credo, a housing finance company, has raised 88 crore (approximately $12 million) in fresh equity funding led by growth fund Amicus Capital.

Sleepy Owl, a direct-to-consumer coffee brand, has raised $6.5 million in Series A funding round led by existing investor Rukam Capital and DSG Consumer Partners.
Euler Motors, an electric vehicle maker, has raised an additional $10 million (nearly Rs 74 crore) in capital from a group of investors led by QRG Investments and Holdings.

GetSetUp, an upskilling startup for older adults, has raised $10 million in seed funding from Cowboy Ventures and LightShed Ventures.
Fasal, an agritech startup, has raised $4 million in pre-Series A funding from 3one4 Capital as well as existing investors Omnivore and Wavemaker Partners.
Haber, based in Pune, makes AI-powered industrial robots has raised $20 million in Series B funding, taking its total funds raised to $27 million.
Niantic Inc., the augmented reality (AR) platform behind Pokemon Go, raised $300 million from hedge fund Coatue at a valuation of $9 billion, the company said.
Park+, a parking solutions platform, has raised $25 million in a Series B funding round led by Sequoia Capital India, Matrix Partners India, and Epiq Capital.
True Credits - the NBFC and an affiliate of an RBI-authorised lending company True Balance – has announced a debt fundraise of $30 million (about Rs 223.2 crore) from investors, including Northern Arc, Arthmate, Shine Star and others.

Nothing, a consumer technology brand, raised $50 million in a funding round announced last month that included film producer Karan Johar, cricketer Yuvraj Singh, and others.
CoreStack, a multi-cloud governance SaaS provider, has raised $30 million in Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors.
Simple Energy, based in Bengaluru, announced a $21 million funding round on Wednesday.

Indifi, an online lending platform, has raised 340 crores in a mix of equity and debt in its Series D round.
Zenwork, a SaaS platform for digital tax compliance and regulatory reporting for global businesses, has raised over Rs 1,200 crore from a US-based growth equity firm.
Early-stage VC firm WaterBridge Ventures has raised $150 million for its Fund II, 50% more than the planned size.
Xponents, an employee engagement platform has recently raised $1.56 million in a seed funding round led by a UAE based venture capitalist.

Have a wonderful weekend!🥳

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