Ecosystem Weekly | 27th Mar’22

OfBusiness lending unit Oxyzo turns unicorn with record $200M Series A from Tiger Global, Alpha Wave
Gurugram-based Oxyzo Financial Services, a tech-enabled smart financing solution provider, has announced its $200 million Series A fundraise. The round values the company at $1 billion.
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Stanza Living raises $57M in debt from led by Kotak Mahindra Bank, RBL Bank
Stanza Living aims to use the funding for its current and future projects, and accelerate the startup’s next phase of multi-city expansion.
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Startup News Snippets

M&A News

Market Pulse

• Hyderabad-based co-working spaces iSprout has raised $4 million in Pre-Series A funding from undisclosed investors
• Bengaluru-based adtech startup Zocket has raised $3 million in funding from Kalaari Capital and Kettleborough VC
• New Delhi-based virtual astrology and mandir app VAMA has raised $750k in fuding from Huddle, 7Square Ventures, Kunal Shah,  Harit Nagpal,  Arjun Vaidya and Varun Alagh
• New Delhi-based food brands aggregator Big Bang Foodtech has raised $640k in Seed funding from Artha Venture, Ashneer Grover, Harsh Jain, Nikhil Aggarwal and Chitra Radhakrishnan
• Chennai-based medtech company MedisimVR has raised $467k in Pre-Series A funding from Inflection Point Ventures, Chennai Angels and Jana Balasubramaniam