Ecosystem Weekly | 5th Dec’21

Fintech startup Slice turns unicorn after raising $220M led by Tiger Global, Insight Partners
Bengaluru-based fintech startup Slice is the latest entrant into the unicorn club, with a five-fold jump in valuation to $1 billion within six months. The startup, which issues credit cards targeted at young professionals, raised $220 million in its Series B round led by New York-based investment firms Tiger Global & Insight Partners.
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Curefit raises $145M from Zomato, others
Fitness platform Curefit Healthcare Pvt Ltd which owns and operates fitness platform Cult.fit has raised $145 million led by food technology Zomatoand a group of investors and individuals, according to filings made with the Ministry of Corporate Affairs.
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Startup News Snippets

M&A News

Market Pulse

• Bengaluru-based edtech startup 21k School has raised $5 million in pre-series A funding from Ronnie Screwvala
• Hyderabad-based edtech startup NxtWave has raised $3 million in pre-series A funding from Orios Venture Partners and Better Capital
• Mumbai-based health and wellness startup Mosaic Wellness has raised $1 million in funding from Spring Marketing Capital
• Gurugram-based Information Technology & Services firm BizzTM has raised $1 million in seed funding from 2am VC, Axilor and other HNIs