Ecosystem Weekly | 19th Dec’21

ShareChat parent Mohalla Tech valued at $3.7B in new round
Mohalla Tech, the parent company of short video format app Moj and Indian language-focused social media platform ShareChat, has announced raising $266 million in Series G round of funding led by US-based Alkeon Capital, Temasek, Moore Strategic Ventures, Harbourvest and India Quotient.
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Healthtech startup Pristyn Care becomes latest unicorn after raising $96M
The healthtech startup will be using the funding to enhance its offerings by adopting the latest surgical technologies, expanding into new disease categories, and further developing its product and technology.
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Startup News Snippets

M&A News

Market Pulse

• Mumbai-based SME tech startup TranZact has raised $7 million in Series A funding from Tribe Capital, Prime Venture Partners, Gemba Capital, Kae Capital, Suhail Sameer, Sriram Krishnan, Devendra Rane, Giridhar Malpani and Krishna Khandelwal
• Bengaluru-based foodtech startup Third Wave Coffee Roasters has raised $6 million in Series A funding from Sujeet Kumar, Arpan Sheth, Ayyappan Rajagopal and other HNIs
• Hyderabad-based interactive and immersive learning app Practically has raised $5 million in funding from NB Ventures, Earlsfield Capital, Almoe Group of Companies and Ncubate Capital
• Gurugram-based e-mobility technology platform MoEVing has raised $5 million in Seed funding from DS Brar, Anshuman Maheshwary, Dr Srihari Raju Kalidindi, DN Reddy, Ashish Goel, Krishnadeva Veerareddy, Vijay Dutt, Govind Agarwal, Chaitanya Kamdar, Subodh Gupta and Mukesh Tiwari
• Mumbai-based plant-based nutraceutical seller Plix has raised $5 million in Series A funding from Guild Capital and RPSG Capital Ventures