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This week went pretty interesting for the startups in the country with a number of funding rounds and acquisitions taking place in the startup ecosystem. Apart from the startups raising funds or getting acquired; Venture Capital Fund Orios Venture Partners also raised INR300 Cr in funding.
Have a look at the startups that raised funds this week:
Apart from these Angel investor Rehan Yar Khan, who has invested in startups like Olacabs, Druva, Pretty Secrets etc. raised INR 300 Cr for his maiden venture capital fund i.e.Orios Venture Partners, a fund for early stage internet and software product startups.
Acquisitions
Zomato acquired Lunchtime.cz and Obedovat.sk, the Czech Republic’s and Slovakia’s restaurant guides respectively, for a combined amount of USD 3.25Mn.
With this, Chandigarh-based mobile VAS company Altruist Group acquired Singapore’s voice-based social media startup Bubbly for an undisclosed amount.
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