Stay Updated: This Week’s Top News Stories Inside

Stay updated with our weekly round up of funding and M&A news, bringing you the latest from the startup ecosystem.

Startup Funding Summary

Northern Arc

Chennai-based NBFC, has raised $80 Mn in a funding from International Finance Corporation

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Gurgaon-based fashion and lifestyle platform, has raised $26 Mn in Seed funding from Peak XV Partners, Prosus, Sofina, Partners of DST Global, Deep Kalra, Deepinder Goyal and Rajesh Magow

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Mumbai-based telecom service provider, has raised $23 Mn in a funding from NIIF Infrastructure Finance and Aditya Birla Finance

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Bengaluru-based supply chain & logistics startup, has raised $22 Mn in Series E funding from Bertelsmann India Investments, Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and other HNIs

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Dhruva Space

Hyderabad-based spacetech startup, has raised $9 Mn in a funding from IAN Alpha Fund, Technology Development Board and other HNIs

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M&A Snippets

Japan-based HRtech platform Mynavi Corporation has accquired Bengaluru-based freelance platform Awign for $20 Mn.

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