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Inc42 Shots | Indian Startup Ecosystem: Daily Analysis

What All Happened In The Indian Startup Ecosystem Today.

▶ B2B ecommerce platform Udaan has raised close $585 Mn in the fresh round of funding, taking the company’s total funding to $870 Mn.

▶ World Economic Forum has released a report stating that India has the potential to become the largest EV market in the world.

▶ Bengaluru-based fintech startup FinBox has raised Pre-Series A funding round led by Arali Ventures.

▶ Bengaluru-based digital lending startup Shubh Loans has raised $4.8 Mn in a Series A round led by Omidyar Network India.

▶ Mumbai-based Varanium Capital has announced the first close of its INR 200 Cr venture capital fund ‘Varanium NexGen’

▶ Bithumb Global has decided to engage with the Indian government to regulate the use of Bitcoin and other cryptocurrencies in India.

▶ Cloud-based technology platform for the dental industry, CareStack, has raked in $28 mn in Series B round

▶ Here’s the Electric Vehicle industry analysis for this week. 

▶ Here are the latest developments in Blockchain this week.

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Inc42 Staff