This week, startup like Natch, WishCare, Xpressbees have raised funding while edtech unicorn Byju's on Friday settled dispute with Davidson Kempner Capital Management as Manipal Education and Medical Group Chairman Ranjan Pai bought out the debt investment of Davidson Kempner in Aakash Education Services Ltd (AESL) in a likely deal worth around Rs 1,400 crore.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

ZeeBiz.com has curated a list of top deals this week featuring  Byju's, Dunzo, Natch, WishCare, Xpressbees among others.

Byju's settles dispute with Davidson Kempner as Manipal's Ranjan Pai buys out debt

Edtech major Byju's on Friday settled dispute with Davidson Kempner Capital Management as Manipal Education and Medical Group Chairman Ranjan Pai bought out the debt investment of Davidson Kempner in Aakash Education Services Ltd (AESL) in a likely deal worth around Rs 1,400 crore.

Healthy snacking startup Natch gets Rs 3 crore in seed funding led by Artha Venture Fund

Natch, a direct-to-consumer (D2C) brand, has raised Rs 3 crore in seed funding led by Artha Venture Fund, the company said on Thursday, November 9. In the funding round, DSP Family Office also took part.

WishCare gets Rs 20 crore from Unilever Ventures

Science and efficacy-based Indian beauty brand WishCare has raised Rs 20 crore in its first institutional round of funding from Unilever Ventures, the venture and growth capital arm of Unilever, the company announced on Wednesday, November 8.

Deloitte raises doubt on Dunzo's ability to continue as 'going concern'

Top consulting firm Deloitte, which audited the financial statements of cash-strapped Dunzo for FY23, has said that the startup's ability to operate as a 'going concern' is largely dependent on the availability of additional funding and improvement in operations.

Xpressbees raises $80 million from Teachers' Venture Growth

B2B logistics service provider Xpressbees has raised $80 million from Teachers' Venture Growth (TVG), the investment arm of Ontario Teachers' Pension Plan. Avendus Capital was the exclusive financial advisor on this transaction. 

Omidyar Network India leads $8 million Series A round in Sequretek

Global cybersecurity solutions provider Sequretek has raised $8 million in its Series A round of funding, the company announced on Tuesday, November 7. In the round, Omidyar Network India acted as the lead investor.

STPI joins hands with TiE Delhi-NCR to launch LEAP AHEAD for tech startups

Ministry of Electronics & Information Technology (MeitY) Secretary S. Krishnan launched the LEAP AHEAD initiative, a collaboration of Software Technology Parks of India (STPI) and The Indus Entrepreneurs (TiE) on Monday, November 6, at the LEAP AHEAD summit in Delhi.