Ecosystem Weekly | 28th Mar ’21
Adani Ports and Special Economic Zone (APSEZ) has said it will acquire the 58.1% stake held in Gangavaram Port by the DVS Raju family for Rs 3,604 crore (around $498 million).
Fantasy sports unicorn startup Dream Sports, which owns the flagship brand Dream11, has raised $400 million in second investment led by TCV, D1 Capital Partners, and Falcon Edge.
Startup News Snippets
M&A News
Market Pulse
- Bengaluru-based tech startup FloBiz has raised $10 million in Series A funding from Elevation Capital, Greenoaks Capital and Beenext
- Bengaluru-based coding bootcamp startup Masai School has raised $5 million in Series A funding from Omidiyar Network India, Unitus Investors, India Quotient and AngelList India
- Bengaluru-based finance platform for MSMEs Rupifi has raised $4.1 million in a Pre-Series A funding from Quona Capital, Ankur Capital and Binny Bansal
- Delhi-based grooming startup Bombay Shaving Company has raised $2 million in funding from Sixth Sense Ventures
- Bengaluru-based SaaS startup Voiro has raised $1.8 million in pre-Series-A funding from Mela Ventures and 1Crowd
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