Ecosystem Weekly | 3rd July’22
Ecosystem Ventures This Week
We welcome Ms. Soniya Shivhare as an Associate at Ecosystem Ventures.
Prior to joining us, she has worked with TresVista Financial Services and Visible Alpha Solutions. She is a B.Com graduate and MBA (Finance) from DAVV, Indore.
She likes travelling, hiking, painting or cooking.
Startup Funding Summary
Arzooo, a Bangalore-based B2B retail tech platform, has raised $70 Mn in Series B funding from SBI Investment, Trifecta Leaders Fund and Tony Xu – Read More
PropShare, a Bangalore-based real estate investment platform, has raised $47 Mn in Series B funding from WestBridge Capital and Pravega Ventures – Read More
Progcap, a New Delhi-based fintech company, has raised $40 Mn in Series C funding from Creation Investments, Tiger Global and Sequoia Capital – Read More
Solv, a Bangalore-based digital marketplace for MSMEs, has raised $40 Mn in Series A funding from SBI Holdings and SC Ventures – Read More
GetVantage, a Mumbai-based revenue-financing platform, has raised $36 Mn in Series A funding from Varanium Nexgen Fintech Fund, DMI Sparkle Fund, Chiratae Ventures, Dream Incubator Japan, Sony Innovation Fund, InCred Capital and Haldiram’s Family Office – Read More
M&A Snippets
New Delhi-based eyewear provider Lenskart has acquired Japan-based D2C eyewear brand Owndays for an undisclosed amount – Read More
US-based global private equity firm Carlyle has acquired Indore-based tiles and bathware maker Varmora Granito for an undisclosed amount – Read More
Pune-based digital lending platform Lentra AI has acquired Bangalore-based AI solutions provider TheDataTeam for an undisclosed amount – Read More
Belgium-based chemical manufacturing firm Azelis has acquired Mumbai-based chemical distributor Ashapura Aromas for an undisclosed amount – Read More
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