Ecosystem Weekly | 09th May ’21
Westbridge Capital drives $41 mn funding round in Rapido
Bengaluru-based online bike/taxi aggregator Rapido has raised Rs 302.06 crore (about $41.16 million as per current exchange rates) in a Series C funding round from a clutch of investors, led by Westbridge Capital.
Read More
MOPE invests in Fincare Small Finance Bank; True North makes part-exit
Motilal Oswal Private Equity (MOPE) has picked up a minority stake worth around Rs 185 crore ($25 million) in Fincare Small Finance Bank through a secondary deal.
Read More
Startup News Snippets
M&A News
Market Pulse
- Mumbai-based wealth management and investment advisory firm Arthya Wealth and Investments has raised $1 million in pre-Series A funding from Bagla Group and Krishen Lal Khanna
- Mumbai-based fashion network 6Degree has raised $1 million in Series A funding from SucSEED Indovation Fund, Keiretsu Forum, SucSEED Angel Network and AngelBay
- Chennai-based automated cognitive inspection startup Jidoka Technologies has raised $340K in seed funding from an undisclosed investor
- Jodhpur-based Agetech startup Sarathi Healthcare has raised $137K in seed funding from Bharat, Nitin Sethi, Vishal Dhikale, Swapnil Bagul, Gaurav Satbhai and Jayshree Harak
- Pune-based IoT platform iobot has raised $100K from GSF Accelerator, Pras Hanuma, Dinesh Agarwal and J. Murugavel
Leave a Comment