D2C brand Mamaearth is the new entrant to the coveted unicorn club after closing a fresh round of funding worth $38 Mn from Sequoia Capital. Mamaearth’s valuation has touched close to $1.07 Bn Know more

IPO-bound digital payment solution provider MobiKwik has raised around INR 100 Cr in a pre-IPO placement from Bennett Coleman and Company Limited Know more

Indian B2B marketplace IndiaMART has invested INR 13.35 Cr in EasyEcom through its wholly-owned subsidiary Tradezeal Online to acquire a 26.01% stake. Know more

AI and advanced analytics solutions startup Fractal is closing a $360 Mn funding round from TPG. The new round of funding will help Fractal to enter unicorn club Know more

Bengalauru-based B2B ecommerce giant Udaan has raised $250 Mn in a fresh round of funding. The B2B unicorn has raised $200 Mn through convertible note and $50 Mn through debt. Know more

The Mukesh Ambani-led Reliance Retail has picked up a 25.8% stake on a fully diluted basis in Bengaluru-based hyperlocal delivery startup Dunzo for $200 Mn. Know more

India’s wearables market grew by 93.8% year-on-year in 3Q21 (July-Sept), shipping over 23.8 Mn despite logistics and other challenges put up by supply chain issues. Know more

EVage, an all-electric commercial vehicle startup, has raised $28 million in a seed funding round led by US-based venture capital firm RedBlue Capital. Know more

Yaantra will bring in several capability add-ons for Flipkart through its proven expertise in product assessment and refurbishment Know more