Ecosystem Weekly | 2nd Jan’22

Zetwerk raises $210 mn from Greenoaks Capital, others at $2.7 bn valuation
Business-to-business (B2B) manufacturing services marketplace Zetwerk Manufacturing Business Pvt Ltd has raised about $210 million as a part of its Series F funding round, led by US-based Greenoaks Capital, according to a regulatory filing.
Read More

GlobalBees joins unicorn club with latest fundraise
Delhi-headquartered ecommerce roll-up company GlobalBees is the latest startup to join India’s unicorn club after raising $111.5 million in a Series B round led by Premji Invest. Steadview Capital.
Read More

Startup News Snippets

M&A News

Market Pulse

• Bengaluru-based gaming startup EsportsXO has raised $1 million in Seed funding from We Founder Circle, Wami Capital, SOSV, Mumbai Angels Network, SucSEED Indovation Fund, The Gaming Lounge and FAAD Network
• Gurugram-based construction startup Vendor Infra has raised $265K in Angel funding from SK Tripathi, Sanjeev Gupta, Amit Agarwal, Narayan Ramaswamy, Dinesh Arora and Puneet Chandra
• Gurugram-based hair extension manufacturing startup Hair Forever has raised $150K in Pre-seed funding from angel investors
• Noida-based artisanal brand The Gourmet Jar has raised $150K in funding from DevX Venture Fund
• Hyderabad-based ice popsicle brand Skippi IcePops has raised $134K in funding from Shark Tank India