Tiger Global-backed used-car marketplace unicorn SpinnySpinny Datalabs_in-article-icon has reportedly raised $131 Mn (about INR 1,121 Cr) in a round led by US-based Accel Leaders Fund.
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Zomato Block Deal: Antfin Singapore To Offload Shares Worth $408 Mn.
Amid Zomato’s bull run on the bourses, Ant Group’s arm Antfin Singapore is reportedly looking to sell the foodtech giant’s shares worth $408 Mn (INR 3,422.84 Cr).
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𝗪𝗵𝘆 𝗨𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗮𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗗𝗼𝗺𝗶𝗰𝗶𝗹𝗲 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮 ??
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Harsh Dwivedi
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1. Key Startup Funding Highlights Of The Week
- Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week
- Lightspeed, Peak XV and Elevation Capital backed multiple startu
Top News of the Week
1. Funding:
- This week, IPO-bound non banking financial company Aye Finance raised $12.8 Mn in debt from a clutch of investors, including Northern Arc, ASK Financial Holdings. This was the largest funding round of the week.
-
Top News of the Week
1. Funding:
- The week saw the first mega funding deal materialise for an Indian startup in the form of healthtech unicorn Innovaccer’s $275 Mn Series F fundraise.
- On the back of this, healthtech emerged as the most funded
Top News of the Week
1. Funding
- Two mega funding deals materialise in the form of Rebel Foods and Mintifi.
- On the back of Rebel Food’s $210 Mn fundraise, consumer service emerged as the investor favourite this week.
- Startups in the space ra
Top News of the Week:
1. Funding:
- Between October 21 and 26, startups cumulatively raised $145.5 Mn across 10 deals, a 70% decline from $478 Mn raised in the preceding week.
- Deal count also went down sharply this week by about 65% from last we
Top News Of the Day:
1. Ghost Kitchens India has announced the acquisition of Shy Tiger brands, a cloud kitchen company based out of Ahmedabad.
2. Leading contract manufacturer Dixon Technologies (India) will acquire a majority stake in Ismartu Ind
Top News of the Week
1. Funding:
- Not unlike the past two weeks, we saw another startup bag mega funds this week. IPO-bound Infra.Market raised $121 Mn in its Series F round. The round, which saw participation from the likes of Tiger Global, Nuvam
Top News of the Day:
1. Fintech startup POP raises $2.4 Mn led by India Quotient
2. Celesta Capital sold IdeaForge shares worth Rs 27 crore
3. Accel and Virat Kohli-backed Wrogn raises Rs 125 crore in funding from TMRW
4. Ice cream brand Go Zero
