Ecosystem Weekly | 29nd Aug’21

Zetwerk enters unicorn club after raising $150M
B2B manufacturing startup Zetwerk raised $150 million in Series E round at a valuation of $1.33 billion, making it the latest entrant to the unicorn club. The firm also claims to have become profitable on EBITDA level.
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Khatabook raises $100M Series C funding round
Bengaluru-based fintech startup KhataBook has raised $100 million in Series C funding, at a valuation of $600 million. The round was led by Tribe Capital and Moore Strategic Ventures (MSV).
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Startup News Snippets

M&A News

Market Pulse

• Delhi-based fintech startup BharatPe has raised $27 million in debt funding from IIFL Wealth and Asset Management and Northern Arc Capital
• Chandigarh-based agritech startup AgNext Technologies has raised $21 million in Series A funding from Alpha Wave Incubation, Omnivore and Kalaari Capital
• Bengaluru-based financing platform Klub has raised $20 million in seed funding from 9Unicorns, Surge, Alter Global and GMO Venture Partners
• Delhi-based NBFC SATYA MicroCapital has raised $18 million in funding from responsAbility Investments and BlueOrchard Finance Limited
• Bengaluru-based healthtech Ultrahuman has raised $18 million in Series B funding from Alpha Wave Incubation, Scott Schleifer, Sandeep Singhal, Kunal Shah, Sujeet Kumar, Deepinder Goyal, Gunjan Patidar, Gaurav Munjal, Revant Bhate, Mohit Gupta, Vikram Dhingra and Roman Saini