Ecosystem Weekly | 06th June’21

Logistics startup Delhivery raises $275M in Series H round led by Fidelity Management and Research Company

Gurgaon-based logistics startup Delhivery on Monday announced that it had raised $275 million in its Series H round led by Boston-headquartered investment firm Fidelity Management and Research Company. 

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Urban Company raises $255M in Series F round at $2.1B valuation
Gurgaon-based Urban Company has raised $255 million in a Series F round at a valuation of $2.1 billion. This includes a primary capital infusion of $ 188 million and a secondary sale of approximately $67 million by select angels and early investors.

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Startup News Snippets

M&A News

Market Pulse

  • Delhi-based E2E tech-enabled logistics company Holisol Logistics has raised $3 million in debt funding from Northern Arc Capital
  • Bengaluru-based E-learning platform Crejo.Fun has raised $3 million in seed funding from Matrix Partners India, 021 Capital and Gemba Capital
  • Gurugram-based healthtech startup Breathe Well-being has raised $1 million in pre-Series A funding from 3one4 Capital and other HNIs
  • Ahmedabad-based public bicycle-sharing startup MYBYK has raised $1 million in pre-Series A funding from Avon Cycles and other HNIs
  • New Delhi-based edtech startup Avishkaar has raised $683K in pre-series A funding from Auxano, Mumbai Angels and other HNIs