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
Zomato
Gurugram-based quick commerce firm, has raised $1 Bn in a funding from Motilal Oswal Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund and others
Nazara Tech
Mumbai-based media and gaming firm, has raised $101 Mn in a funding from SBI Innovative Opportunities Fund, Junomoneta Finsol and Think India Opportunities Master Fund LP
Beta Drugs
Panchkula-based oncology-focused startup, has raised $14 Mn in a funding from HealthQuad Fund II and other HNIs
Candytoy Corporate
Indore-based candy toy manufacturer, has raised $13 Mn in Series A funding from a group of angel investors & HNIs
Alt Mobility
Delhi-based EV startup, has raised $10 Mn in Series A funding from Eurazeo, Shell Ventures, Twynam Earth Fund and EV2 Ventures
M&A Snippets
Mumbai-based media and gaming firm NODWIN Gaming has acquired New Delhi-based gaming agency Trinity Gaming for $3 Mn
Mumbai-based personal care & beauty platform Nykaa has acquired major stakes in Gurgaon-based homegrown clean beauty brand Earth Rhythm for an undisclosed amount
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