Ecosystem Weekly | 4th Apr ’21

Adani Transmission has signed an agreement to acquire Warora-Kurnool Transmission from the infrastructure unit of Essel group.
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Edtech unicorn BYJU’S has raised Rs 3,328.23 crore ($460 million approximately) as part of its ongoing Series F funding round led by MC Global Edtech Investment Holdings at a valuation north of $13 billion.
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Startup News Snippets

M&A News

Market Pulse

  • Bengaluru-based tech startup FloBiz has raised $10 million in Series A funding from Elevation Capital, Greenoaks Capital and Beenext
  • Bengaluru-based coding bootcamp startup Masai School has raised $5 million in Series A funding from Omidiyar Network India, Unitus Investors, India Quotient and AngelList India
  • Bengaluru-based finance platform for MSMEs Rupifi has raised $4.1 million in a Pre-Series A funding from Quona Capital, Ankur Capital and Binny Bansal
  • Delhi-based grooming startup Bombay Shaving Company has raised $2 million in funding from Sixth Sense Ventures
  • Bengaluru-based SaaS startup Voiro has raised $1.8 million in pre-Series-A funding from Mela Ventures and 1Crowd