Stay Updated: This Week’s Top News Stories Inside

Stay updated with our weekly round up of funding and M&A news, bringing you the latest from the startup ecosystem.


Startup Funding Summary


Fibe

Pune-based fintech startup, has raised $35 Mn in Series F funding from International Finance Corporation

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Inito

Bengaluru-based health tech startup, has raised $29 Mn in Series B funding from Bertelsmann India Investments and Fireside Ventures

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Soleos Solar Energy

Ahmedabad-based renewable energy firm, has raised $12 Mn in funding from GVFL, Tipsons Group, Navin Dalmia and other HNIs

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Skydo

Bengaluru-based fintech platform, has raised $10 Mn in Series A funding from Susquehanna Asia Venture Capital and Elevation Capital

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Smart Joules

New Delhi-based energy services firm, has raised $10 Mn in Series B funding from Neev II Fund, Waaree Renewable Technologies and Spectrum Impact

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M&A Snippets


Hyderabad-based IT Services & Consulting firm Virtusa has acquired a Bengaluru-based semiconductor design firm SmartSoC Solutions for an undisclosed amount

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Gurugram-based e-commerce platform OfBusiness will acquire 100% stake in a Bengaluru-based fashion apparel manufacturer Indian Design for an undisclosed amount

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