Ecosystem Weekly | 2nd Aug ’20
Canada’s Brookfield Asset Management is in talks to strike a deal for the office projects of Bengaluru-based developer RMZ Corp.
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Indian SaaS unicorn Freshworks has raised $85 Mn in Series H from alternative asset manager Steadview Capital Management through a secondary transaction.
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Startup News Snippets
M&A News
Market Pulse
- Gurugram-based enterprise tech startup Delighttree has raised $3Mn in a seed round from Accel Partners, Emergent Ventures, Brainstorm Ventures, Axilor Ventures, and Alchemist Accelerator
- IIT-Madras-incubated startup “Muse Wearables” has raised Rs 22 crore to launch its wrist tracker that can detect COVID-19 symptoms at an early stage
- Ahmedabad-based cloud kitchen startup BigSpoon Foods has raised $2 Mn in Pre-Series A funding from Urmin Family Office, Lemonade Ventures, TrueValue Group MD Yash Shah, investors from Vcats Network and other HNIs for product and brand development
- Mumbai-based game development studio Firescore Interactive has raised $500 K funding led by CrazyLabs. The funds will be utilized to launch the first-ever Hyper Casual Gaming Hub in India for game studios around the world
- Bengaluru-based homegrown short video platform Chingari has raised $1 Mn in seed funding from LogX Ventures, AngelList’s Utsav Somani, NowFloats’ Jasminder Singh Gulati, AL Trust (Vistra ITCL), Village Global
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