Ecosystem Weekly | 12th Sep’21

Delhivery raises $76.4M from Lee Fixel’s firm – Addition
Delhivery, the logistics unicorn has raised $76.4 million in funding from Addition, the firm founded by the high profile startup investor Lee Fixel.
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Voice AI startup Skit raises $23M in Series B round from WestBridge Capital
AI-first SaaS voice automation startup Skit (formerly known as vernacular.ai) has secured $23 million as part of its Series B funding to fuel the next level of growth and product evolution.
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Startup News Snippets

M&A News

Market Pulse

• A bengaluru-based platform for small merchants Dukaan has raised $11 million in pre Series A Funding from 640 Oxford Ventures, Snow Leopard Ventures, Lightspeed Partners, Matrix Partners India, Venture Catalyst, HOF Capital, Old Well Ventures, LetsVenture, 9Unicorns, Ritesh Agarwal and Carl Pei
• Bengaluru-based employee wellness platform Nova Benefits has raised $10 million in Series A Funding from Susquehanna International Group, Bessemer Venture Partners, Multiply Ventures, Better Capital and Titan Capital
• Mumbai-based ed-tech startup Lido Learning has raised $10 million in Funding from Unilazer Ventures
• Bengaluru-based financial services platform WeRize has raised $8 million in Series A Funding from 3one4 Capital, Picus Capital, Kalaari Capital and Orios Ventures
• Mumbai-based social commerce platform Coutloot has raised $8 million in Funding from Ameba Capital, SOSV, 9Unicorns, Astarc Ventures and Venture Catalysts