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Simla Stock:Country Delight raised funds of 20 million US dollars | Indian Venture Weekly Report (January 1-January 6)

Time:2024-10-25 Read:20 Comment:0 Author:Admin88

Country Delight raised funds of 20 million US dollars | Indian Venture Weekly Report (January 1-January 6)

In the first week of 2024, as many as 17 startups raised a total of $ 88.7 million in funds.These transactions include 4 growth transactions and 11 early transactions.The details of the two transactions have not been disclosed.

Last week, the four startups in the growth stage raised nearly $ 56 million in funds.The dairy brand Country Delight tops the list with a financing amount of $ 20 million.

The B2B animal protein market Captain Fresh, mobile priority credit card startup OneCard, and warehousing and freight management companies Wiz Freight followed closely, which received $ 13.25 million, $ 11.44 million and $ 11.24 million.

As many as 11 early startups raised $ 32.8 million in funds.PROPTECH company VRO Hospitionality ranked first with 10 million US dollars, followed by medical technology startups CureBay, which received $ 7.5 million.Fintech startups SALARYSE, medical technology company Medway Hospitals, and agricultural technology company TORUS also entered the top five.

In addition, the list also includes joint living operators Settl, Hyugalife, Health and Healthcare Platform, Devdham, and LaRKAI, a medical technology company.

The education and entertainment platform Maidaan and D2C dedication and fashion brand Prabhubhakti did not disclose the fundraising amount this week.Want to understand more information.

As far as the number of urban financing transactions is concerned, Delhi NCR startups top the list with 5 transactions, followed by Bangalol, Kimner and Bubaneswal, with 4, 2 and 2 transactions, respectively.

In addition, the startups of Poa, Tasana, Mumbai and Hendraba followed closely.

Last week, the seed transaction topped the list with 7 transactions, followed by Series A trading with 4 transactions.

After a large amount of funds flowed in in mid -December 2023, the funds fell again every week, US $ 80.77 million from December 25th to 30th, and $ 88.7 million this week.

The average amount of financing in the past eight weeks is about $ 253 million, and 19 transactions have been traded a week.Simla Stock

Sentinelone, an artificial intelligence network security company headquartered in the United States, has agreed to acquire Pingsafe supported by PEAK XV PARTNERS in cash plus stocks.

Last week, five Indian startups left.The list includes the founders and CEOs of Knowledgehut Subramanyam Reddy, Fashinza co -founder Jamil Ahmad, and InUS AppStore CEO Rakesh Deshmukh, Unacademy, SiddHarth Manc Handa and Byju ’s general legal consultant Roshan Thomas.

▪ Binny Bansal launched the B2B platform OPPDOOR to help e -commerce companies.

️GupShup India's revenue in the 23rd fiscal year is 161.9 billion rupees, with a profit of 490 million rupees;

️ No cash, the income of 23 fiscal year is 61.4 billion rupees; the loss expands;

️Sugar's revenue soared 89%in fiscal year, and the profits improved;

️Unacademy's revenue in the 23rd fiscal year is 104.4 billion rupees; the loss shrinks by 39%;

️Vegrow's GMV has increased by 30 times in the past two fiscal years;

️Pristyn Care's income in the 23rd year increased by 45%to 453 million rupees;

️Mobikwik submit DRHP and raise 70 billion rupees through IPO;Pune Investment

️ Jingshun raised SWIGGY's valuation to $ 8.3 billion;

️Zomato's integration with Blinkit focuses on creating super brands.

In the last week of December and the first week of January, the inflow of funds from the beginning of India's initial foundes was not much. In December 2023, the initial creation of India received a large amount of funds for two weeks.In the first week, five senior executives left their startups in the first week of 2024.

At the same time, Mobikwik, a fintech company, submitted DRHP to the Indian Securities and Exchange Commission (SEBI) of the Market Supervision Institution, hoping to raise 7 billion rupees through the first public offering of shares.Asset management company Invesco sets the valuation of the food technology giant Swiggy to $ 8.3 billion.It is worth noting that SWIGGY also plans to conduct an IPO in 2024.


Jaipur Investment

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