Ecommerce

Nykaa raises Rs 67 Cr from Steadview Capital
Online beauty turned omni-channel lifestyle retailer Nykaa is valued at $1.2 billion, thus entering the startup unicorn club. It has raised Rs 66.64 crore from its existing primary investor Steadview Capital.

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Logistics
Shiprocket Raises $13 Mn In Series C Funding

The investment has been led by Tribe Capital LLC, Innoven Capital and Bertelsmann India. The company plans to use the fresh funds towards product development roadmap and International Expansion.


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Saas
Visual content and photoshoot services startup Spyne raises pre-Series A round

The Gurugram-based startup will use the current funding to build and reinforce the AI-based image editing suite that will help businesses in getting images edited 4x faster with the highest precision.

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FinTech
Microfinance company Sindhuja Microcredit raises $8.7M in Series B from NMI and Carpediem Capital

Sindhuja Microcredit, a new generation digital and rural-focused Micro Finance Institution (MFI) providing financial services to the bottom of the pyramid self-employed women entrepreneurs

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Others
Spotify Signs Licensing Deal With Saregama For India

Saregama’s music titles in over 25 languages are now available on Spotify. Spotify hosts over 50 Mn tracks and more than 1 Mn podcast titles.
The Indian online music streaming in India is dominated by Times Internet’s Gaana
 

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