A look at this week's startup deals: Zepto, NoBroker, WeWork, Byju's were in news
Startups like 13SQFT.Com, Zepto and SuperBottoms raised funding this week while NoBroker announced to target Rs 1,000 crore revenue in 2023-24 and Meesho to grow merchant base 10 times to 1.1 crore by 2027.
This week, startups like 13SQFT.Com, Zepto and SuperBottoms raised funding; realty platform NoBroker targets Rs 1,000 crore revenue in 2023-24; Meesho aims to grow merchant base 10 times to 1.1 crore by 2027; and BYJU'S senior vice president for international business, Cherian Thomas, has resigned from the company.
ZeeBiz.com has curated a list of top deals this week featuring Zepto, NoBroker, WeWork, BYJU's among others.
Zepto raises $200 million in Series-E round, becomes India's first unicorn of 2023
Ending the unicorn drought in India amid the ongoing funding winter, online grocery company Zepto on Friday announced it has raised $200 million in its Series E round, valuing the company at $1.4 billion. The fundraise brought in new investors, with the StepStone Group leading the round.
Realty platform NoBroker eyes Rs 1,000 crore revenue in 2023-24
Real estate platform NoBroker expects to touch the Rs 1,000 crore revenue milestone in the current financial year. The company has been doubling its billing since 2020, one of the co-founders said.
Corporate governance issue wake-up call for startups; saddening to see any lapses: Bombay Shaving Co-founder Shantanu Deshpande
Corporate governance should be seen as a collective and unitary responsibility of all stakeholders involved in a startup, Shantanu Deshpande, founder of Bombay Shaving Company, has said.
WeWork India revenue up 40% in April-June to Rs 400 crore on rising demand for co-working space: CEO
Co-working major WeWork India's revenue grew by 40 per cent to Rs 400 crore during the first quarter of this fiscal year on rising demand for flexible workspace across major cities from corporates, its CEO Karan Virwani said.
BYJU'S senior executive quits, to lead US firm Impending Inc
BYJU'S Senior Vice President for International Business, Cherian Thomas, has resigned from the company and will now be at the helm of affairs at US-based Impending Inc. As the CEO of the new company, Thomas will focus on building and scaling the product portfolio, while strengthening and growing a global talent pool, Impending Inc said in a statement.
Meesho aims to grow merchant base 10 times to 1.1 crore by 2027
With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to add 1 crore merchants to its platform by 2027, a top official of the company said on Tuesday.
B2B platform 13SQFT.Com raises USD 1 million
Digital B2B platform for warehouses, logistics, and industrial sector, 13SQFT.Com, announced on Thursday that it had raised USD 1 million in a pre-series round, led by Inflection Point Ventures. The funds will be utilised to expand the commercial and technical teams and bolster the platform's technology, it said.
Baby and mother care brand SuperBottoms gets $5 million led by Lok Capital and Sharrp Ventures
SuperBottoms, a baby and mother care brand, has raised USD 5 million (over Rs 40 crore) in its latest funding round, led by Lok Capital and Sharrp Ventures.
The Series A1 funding round also marked the third investment of DSG Consumer Partners and Saama Capital in the company, which is a testament to SuperBottoms' enduring value proposition and the industry's confidence in its continued growth and potential, the company said in a release.
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