Unicorn Aana Blinkit ah $570 Million ku Acquire Pannirukanga Zomato!

Entrepreneurship Updates: June 20 to June 26.

Vanakkam 🙏🏻

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Vanakkam Makkals!

Thank you for your support throughout our Entrepreneurial journey for the last 3 years.

After a lot of brainstorming and man-hours, we built a support system for your Entrepreneurship journey named Tamilpreneur Club which encompasses offerings like Online Community Platform, Startup Masterclass, Founder Talks, and a lot more.

We have a special coupon for you all which when applied will give you an INR 100 discount on the subscription price.

Coupon Code - TPNEWS

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Namma Instagram la pona vaarathula mattum 54 followers vandhurukanga! Welcome to the Club!

So, total ah 10,263 followers irukanga. We appreciate your support! ❤

Ninga innum follow pannama irundhinganna, keezha irukura button ah click panni follow pannikonga 👇🏻👇🏻

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Indha vaaram mothama 31 Indian Startups funding raise pannirukanga. Idhula 28 disclosed deals and 3 undisclosed deals. Aaga motham 28 deals la $980 Million (~INR 7,350 Crores) namma Indian Startups raise pannirukanga. Idhula highest deal, StashFin - $270 Million (~INR 2,025 Crores).

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Tamil Nadu-based

Milky Mist

Erode-based dairy and fresh food company Milky Mist avangaloda first institutional fund raising round moolama oru group of investors kita irundhu $100-120 Million raise panna pesitu irukanga.

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Waycool Foods

Chennai-based AgriTech startup Waycool Foods, Series E round la 57 Stars Global Innovation Fund kita irundhu $40 Million funding raise panirukanga.

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Mergers and Acquisitions

Nykaa and Little Black Book & MensXP

Mumbai-based beauty and wellness e-commerce platform Nykaa, New-Delhi-based find & shop e-commerce platform Little Black Book and men's lifestyle brand MensXP ah acquire panna pesitu irukanga.

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Fixcraft and VMotive

Bengaluru-based car repair and service startup Fixcraft, Bengaluru-based Vogo oda automotive spares brand VMotive ah undisclosed amount ku acquire panirukanga.

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Pine Labs and Setu

Noida-based fintech startup Pine Labs, Bengaluru-based API-based infrastructure company Setu ah cash and equity deal la $70 Million ku acquire panirukanga.

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Pagarbook and Vara

Bengaluru-based employee management app Pagarbook, Indonesia-based staff management application Vara ah acquire panna poranga.

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WinZO and Upskillz Games

New Delhi-based online gaming platform WinZO, Gurugram-based gaming platform Upskillz Games oda majority stake ah all-cash deal la acquire panirukanga.

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Zomato and Blinkit

Food delivery giant Zomato, quick commerce platform Blinkit ah $568 Million ku all stock deal la acquire panirukanga.

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GENERAL

Acko

Mumbai-based insurtech startup Acko, $2-2.3 Billion valuation ku new and existing investors kita irundhu funds raise panna poranga. Prosus, over $200 Million invest panna pesitu irukanga.

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FinBox

Bengaluru-based B2B credit infrastructure fintech startup FinBox, Series A round la Aditya Birla Ventures, Flipkart Ventures and Arali Ventures kita irundhu $15 million funding raise panirukanga.

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Xpressbees

Pune-based third-party logistics company Xpressbees, D2C brands kaga 50 new warehouses open panna poranga. Idhu moolama D2C delivery kulla enter aaga poranga.

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ReshaMandi

Bengaluru-based B2B silk products startup ReshaMandi, Series A1 round la $186 Million valuation ku existing investors kita irundhu $15 Million funding raise panirukanga.

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Stashfin

New Delhi-based NeoBanking startup Stashfin, Series C round la $700-800 Million valuation ku Uncorrelated Ventures, Fasanara Capital and Abstract Ventures kita irundhu $270 Million funding raise panirukanga.

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Leap

Bengaluru-based EdTech startup Leap, Series D round la Steadview Capital, Paramark Ventures and existing investors kita irundhu $75 Million funding raise panirukanga.

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LeadSquared

Bengaluru-based SaaS startup LeadSquared, Series C round la $1 Billion post-money valuation ku existing investors kita irundhu $153 Million funding raise panni 2022 la India oda 18th unicorn ah aagi irukanga.

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Vahak

Bengaluru-based logistics marketplace Vahak, Series A round la Fundamental, iSeed Ventures, Leo Capital and innu silar kita irundhu $20.3 Million funding raise panirukanga.

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Immuneel Therapeutics

Bengaluru-based BioTech startup Immuneel Therapeutics, Series A round la oru group of investors kita irundhu $15 Million funding raise panirukanga.

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Cashify

Gurugram-based re-commerce startup Cashify, Series E round la NewQuest Capital and Prosus kita irundhu $90 Million funding raise panirukanga.

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