Week in review 💸 (July 25 - July 30)

A quick rundown of the startups that made headlines this week. Funding and acquisitions in Indian startups this week.

Start your day with tech stories that matter!

Daily startup insights with a positive thought you can read in 2 mins, every day for free.

---

A Quick Recap of the Week

👉🏻 Monday

• Linking Of UPI With Credit Card Likely To Begin In Two Months: NPCI CEO💸

• upGrad acquires Harappa Education for Rs 300 Cr🤝🏻

• Demand for techies with metaverse skills on the rise🧑🏻‍💻

👉🏻 Tuesday

• Mastercard set to replace Paytm as title sponsor for all BCCI matches in India🏏

• Zomato’s market cap falls below last private valuation as lock-in expires📉

• HCL Tech’s C Vijayakumar is India’s highest-paid IT CEO💸

👉🏻 Wednesday

• Flipkart to partner with Pocket FM to enter the audiobooks category🎧

• Bollywood Actress Nora Fatehi Invests In Ankit Nagori’s Curefoods🍰

• Indian IT firms win half of top 10 deals since 2020🧑🏻‍💻

👉🏻 Thursday

• Google Maps launches Street View across 10 cities in India🗺️

• Zomato shareholders approve Blinkit deal✅

• ByteDance’s AI policies to face government scrutiny on re-entry📵

👉🏻 Friday

• Focus is on payments, distribution of lending products: Paytm founder💵

• India’s PUBG replacement BGMI removed from app stores📵

• Jack Ma to give up control of Ant Group: WSJ report🐜

---

Let’s move on to the top funding deals from the week.

Funding Deals

• Consumer-focused neo-banking platform Fi (formerly epiFi) has raised $45 million in its series C financing round led by exister backer Alpha Wave Ventures.

• Consumer-focused fintech platform Niyo raised $30 million from private equity firm Multiples Alternate Asset Management.

• Spotnana, a Travel-as-a-Service provider, raised $75 million in Series B funding led by Durable Capital Partners.

• Revenue management solutions provider PriceLabs has raised $30 million from Summit Partners.

• Chattybao, a shopping platform built on instant messaging app WhatsApp, has raised over $5 million led by Vertex Ventures Southeast Asia & India and Info Edge Ventures.

• Community-led crypto trading platform Crypso has raised $3 million (about Rs 24 crore) in seed funding from Hashed Emergent, Athera Venture Partners, Better Capital, and Whiteboard Capital.

---

Check our socials Instagram, Twitter, LinkedIn. Feel free to drop feedback.

Have a wonderful weekend!🥳

Thanks for reading😊

If you enjoy these emails, please tell a friend about Rise & Shine. It’ll help us reach curious people.