Ecosystem Weekly | 18th Apr ’21

SoftBank is in advanced talks on investing around $450 million (around Rs 3,348 crore) in the food ordering and delivery platform Swiggy.

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TReDS platform M1xchange on Thursday said it has raised $10 million in funding, led by ecommerce major Amazon. The funding round also saw participation from BEENEXT and existing investor, Mayfield, a statement said.

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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