Ecosystem Weekly | 11th Apr ’21

Bengaluru-based hyperlocal delivery platform Swiggy has raised $800 million in funding. According to the Registrar of Companies (RoC) filing by the company, the round was led by Falcon Edge, Amansa Capital, Think Investments, Carmignac, and Goldman Sachs.
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ShareChat — the Indian language social media platform’s parent company Mohalla Tech, which also houses short video app Moj — on Thursday said it raised $502 million in its latest round led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter, and India Quotient, among others.
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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