Ecosystem Weekly | 04th July’21

EdTech platform Saarthi Pedagogy to empower Indian schools with Rs 7 crore of fresh funding led by Ecosystem Ventures
Ecosystem Ventures which invests in disruptive startups and helps them scale has recently invested in Ahmedabad-based EdTech startup, Saarthi Pedagogy, which provides a Technology Platform to integrate all segments of K-12 education for enabling stellar learning outcomes.
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Licious raises $192M in Series F round led by Temasek and Multiples PE
Hyderabad-based Fourth Partner Energy on Wednesday announced that it has raised $125 million in equity funding from Norfund – the Norwegian Investment Fund – and existing shareholder The Rise Fund, TPG’s global impact investing platform.
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Startup News Snippets

M&A News

Market Pulse

• Mumbai-based D2C brand FRAAZO has raised $11 million in Series A funding from Sixth Sense Ventures, NABVENTURES, Equanimity Ventures; Manish Choksi and Apar Group
• Bengaluru-based gaming platform Loco has raised $9 million in seed funding from Krafton, Lumikai, Hashed, Hiro Capital, North Base Media, Axilor Ventures and 3one4 Capital
• Bangalore-based used motorcycles brand CredR has raised $7 million in funding from Yamaha Motors, Omidyar Network India, Eight Roads Ventures and Astarc Ventures
• Gurgaon-based healthtech startup Meddo has raised $6 million in pre-Series A funding from SRI Capital, Picus Capital and Alkemi Capital
• Kolkata-based edtech startup Nalanda Learning Systems has raised $5 million in funding from Aavishkaar Capital