Ecosystem Weekly | 29th Nov’21

Spinny raises $248M, turns unicorn
Used car marketplace Spinny has raised Rs 1,849.45 crore ($248 million approximately) from returning and new investors as part of its Series E round, according to filings made with the Registrar of Companies.
Read More

NoBroker.com turns unicorn after raising $210M in Series E round
Proptech startup NoBroker said it has raised $210 million in its Series E funding round, with its valuation crossing $1 billion and making it the latest entrant to the coveted unicorn club.
Read More

Startup News Snippets

M&A News

Market Pulse

• Pune-based AI-based industrial robots manufacturer Haber has raised $20 million in Series B funding from Ascent Capital, Accel, Elevation Capital, Beenext, Mukul Chawla, Samay Kohli and Akash Gupta
• Bangalore-based e-commerce firm RentoMojo has raised $20 million in funding from Accel and Bain Capital, Geetansh Bamania and Ajay Nain
• Pune-based housing finance company Altum Credo has raised $12 million in funding from Amicus Capital, Aavishkaar Capital and PS Pai
• Delhi-based electric vehicle maker Euler Motors has raised $10 million in Series B funding from QRG Investments and Holdings
• Delhi-based D2C brand Sleepy Owl Coffee has raised $7 million in Series A funding from Rukam Capital, DSG Consumer Partners with Dexter Capital