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WeWork Cofounder Adam Neumann To Get $1.7 Bn As SoftBank Secures Ownership

#23 Oct: What All Happened In The Indian Startup Ecosystem Today

Funding updates:

US-Based SHL all set to acquire HRtech startup Aspiring Minds for $80 Mn. 

➤ Gurugram-headquartered hygiene startup Pee Safe has raised INR 30 Cr ($4.22 Mn) in Series A funding. 

Stage3 rakes in $2 Mn funding from Blume Ventures as fashion startups come into vogue. 

Crediwatch raises $3.2 Mn in series A round led by Artis Ventures. 

Trifecta Capital makes fresh infusion in lingerie retailer Zivame as it expands ESOP pool.

Other updates from the ecosystem:

➤ Lt. Governor of Delhi has asked the DMRC to install charging facilities for the EVs at each metro station.

SoftBank paid-off around $1.7 Bn to WeWork’s co-founder Adam Neumann to give up the control of the company.  

Meladath Auto Components wins Atal New India challenge for its e-mobility solution

For more updates on the Indian startup ecosystem, click here.


Inc42 Staff