Ecosystem Weekly | 01st Aug’21
Byju’s continues acquisition spree, acquires Toppr and Great Learning
Edtech unicorn and India’s most valuable startup Byju’s is continuing its acquisition spree by buying after-school learning app Toppr and upskilling platform Great Learning in a cash and stock deal.
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Moj, ShareChat owner raises $145M at $2.8B valuation from Temasek, others
Mohalla Tech, the parent company behind Moj and ShareChat, has raised $145 million as an extension of its Series F round. The investment has been led by Singapore state investor Temasek, Moore Strategic Ventures (MSV), along with participation from Mirae-Naver Asia Growth fund.
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Startup News Snippets
M&A News
Market Pulse
- Mumbai-based mortgage finance startup Easy has raised $15 million in Series A funding from Xponentia Capital Partners, Harbourfront Capital, Finsight VC, RaSa Future Fund, Navida Capital AB, Helena Wasserman Eriksson and Integra Software
- Jaipur-based skincare brand Minimalist has raised $15 million in Series A funding from Sequoia Capital India and Unilever Ventures
- Bengaluru-based fintech startup Slice has raised $10 million in debt funding from Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India and Vivriti Capital
- Bengaluru-based real-estate investment startup Strata has raised $6 million in Series A funding from Kotak Investment Advisors Limited, Gruhas Proptech, Sabre Investments, Elevation Capital, Mayfield India and Gemba Capital
- Mumbai-based clean-label food brand The Whole Truth has raised $6 million in Series A funding from Sequoia Capital India, Matrix Partners India, Sauce.Vc, Kalyan Krishnamurthy, Sujeet Kumar, Ashneer Grover and Shashvat Nakrani
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