Ecosystem Weekly | 26th Sep’21
Medikabazaar raises $75M in a Series C round led by CDC Group, Creaegis, others
B2B healthtech startup Medikabazaar has raised $75 million in a Series C round led by UK-based development finance institution CDC Group and PE fund Creaegis.
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LifeCell raises Rs 255 Cr led by Orbimed Asia Partners
Leading stem cell bank LifeCell International on Tuesday said it has raised Rs 255 crore in a funding round led by healthcare investment firm OrbiMed Asia Partners IV.
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Startup News Snippets

M&A News

Market Pulse
- Pune-based fitness and wellness startup Fittr has raised $11.5 Mn in Series A Funding from Dream Capital, Elysian Park Ventures, LA Dodgers ownership group and Sequoia Capital’s India Surge
- Mumbai & Gurgaon-based fintech startup ePayLater has raised $10 Mn in Series B Funding from Responsibility Investments, Blue Ashva Capital, Pravega Ventures and other HNIs
- Bengaluru-based AI tech startup Aerchain has raised $3 Mn in pre-Series A Funding from IndiaMart and Season Two Ventures
- Hyderabad-based fintech startup CredRight has raised $3 Mn in Funding from 9Unicorns , Spearhead Capital, Venture Catalysts, YourNest, Accion Venture Lab and other HNIs
- Bengaluru-based private equity management platform RuleZero has raised $2.5 Mn in Seed Funding from The Treasury, employees of Valiant Capital, YourNest Venture Capital, Blume Founders Fund and other HNIs

Jobs platform apna enters unicorn club after raising $100M Series C round led by Tiger Global

Delhivery raises $76.4M from Lee Fixel’s firm – Addition
Voice AI startup Skit raises $23M in Series B round from WestBridge Capital

PayU to acquire payment giant BillDesk for $4.7 billion
Voice AI startup Skit raises $23M in Series B round from WestBridge Capital

Polygon buys Hermez for first-of-its-kind blockchain network merger
Postman closes $225 million Series D round at $5.6 billion valuation

Eruditus turns unicorn with $3.2B valuation after $650M round led by Accel, Softbank


BharatPe joins unicorn club with $370M infusion led by Tiger Global at $2.85B valuation
Infra.Market raises $125M from Tiger Global at $2.5B valuation

Byju’s continues acquisition spree, acquires Toppr and Great Learning
Moj, ShareChat owner raises $145M at $2.8B valuation from Temasek, others

Byju’s acquires US-based reading platform Epic for $500 mn
Lenskart raises $220M led by Temasek and Falcon Edge

OYO raises $660M term loan funding from institutional investors
Reliance Retail to acquire 66.95% stake in Just Dial for $469 mn
