Ecosystem Weekly | 20th June’21
BYJU’S surpasses Paytm to be India’s most valuable startup after raising $350M
Edtech unicorn BYJU’S has surpassed fintech major Paytm to become India’s most valuable startup after its latest round of funding.
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Apna raises $70M in Series B round led by Insight Partners and Tiger Global
Bengaluru-based professional networking and jobs platform Apna has raised Series B funding of $70 million led by Insight Partners and Tiger Global, at a valuation of $570 million.
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Startup News Snippets
M&A News
Market Pulse
- Mumbai-based digital credit network Flexmoney has raised $5 million in Series A funding from Pravega Ventures, Z5 Capital and other HNIs
- Bengaluru-based retail platform for food and grocery products Jumbotail has raised $5 million in debt funding from Alteria Capital
- Surat-based men’s innerwear and comfort-wear brand XYXX has raised $4 million in Series A funding from DSG Consumer Partners, Synergy Capital Partners and Sauce.VC
- Delhi-based insurtech platform Vital has raised $3 million in pre-Series A funding from BLinC Invest, Venture Catalyst, Survam Partners and other HNIs
- Bengaluru-based contract lifecycle management platform SimpliContract has raised $2 million in seed funding from Kalaari Capital, Picus Capital, Arka Venture Labs and Digital Sparrow Capital
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