Here is a list of top funding deals that happened in Startup Ecosystem this week. Check out the brief description about all of them.

Naspers Increases Stake in Foodpanda Parent Delivery Hero

Delivery Hero, the leading global online food ordering and delivery marketplace, has announced that Naspers increased its stake in Delivery Hero from 10.6 percent to 23.6 percent by acquiring 22,359,857 shares that were previously held by Rocket Internet for an amount of $775M.

Naspers is one of the largest internet investors in the world, holding minority stakes in digital players such as Tencent, Mail.Ru or Flipkart.

Amazon Picks Up 5% Stake in Shoppers Stop for Rs 179 Cr

US-based online retail giant Amazon is picking up a 5% stake in multi-brand fashion retailer Shoppers Stop for a 5% stake, making it the global e-tailer's first investment in an offline retail company in India, according to BSE filings.

This investment will be made through Amazon.com NV Investments Holdings LLC, its foreign portfolio investment arm.

FirstCry in Talks To Raise Rs 666 Cr

Pune, Maharashtra headquartered FirstCry.com, which claims to be Asia’s Largest Online Portal for Baby Products and Toys, is currently in the midst of raising equity financing of about Rs 665.27 crore ($100 million) from multiple investors including Temasek Holdings, a state-owned holding company that can be characterized as a national wealth fund owned by the Government of Singapore.

According to a report in the Economic Times, two sources close to the company have confirmed the publication that FirstCry’s parent company Brainbees Solutions is hoping to be valued at $400-500 million after this fundraise goes through. The company was earlier estimated at $300-350 million when it last raised funding in October last year.

Xiaomi May Invest $15 Mn In Bangalore-based Social Networking Startup ShareChat

China-based smartphone and consumer electronics manufacturer Xiaomi and its venture capital firm, Shunwei Capital, are reportedly considering investing a whopping $15 million in funds in a Bengaluru-based social networking and regional content platform called ShareChat.

Started in the year 2015 by three IIT Kanpur alumni ‑ Farid Ahsan, Bhanu Singh and Ankush Sachdeva, ShareChat in simple words is a social media platform in local Indian languages. With ShareChat, one can share videos, jokes, GIFs, audio songs and funny images from India in Indian languages like Hindi, Telugu, Marathi, and Malayalam.

Saas Startup Synup Raises $6M in Series A; Aims to Achieve 10x Growth in the Next 3 Years

Synup, a provider of SaaS-based solutions that enables local businesses to manage their online presence, today announced it has completed a $6 million (approx INR 40 crores) Series A round of financing. The fresh round of investment is led by Vertex Ventures along with Synup’s existing investor, Prime Venture Partners, who also participated in the round. The investment will help the company to rapidly expand its sales and marketing efforts as well as broaden and accelerate product development.

Civic Tech Company Transerve Technologies Raises $1.6M from IL&FS Investment Managers and Omidyar Network

Transerve Technologies, a company that offers geospatial technology-based SaaS solutions for sustainable growth and urban planning, has raised $1.6 million from IL&FS Investment Managers and Omidyar Network in a Series A round of funding. The investment was facilitated by Tribe Impact (previously known as Intellecap Impact Investment Network or I3N) which is India’s first and largest impact-focused angel network facilitating investments into early stage enterprises.

Car Service Startup Pitstop Raises $1M from Blume Ventures and Goldbell Group

Pitstop, an after-sales car service provider has secured $1M in pre-series A round of funding from Blume Ventures, Singapore-based Goldbell Group and angel investors such as Anurag Srivastava, Shailesh Rao, Amiya Pathak, Rajesh Yohanan and Rahul Garg.

With presence in Bengaluru and Delhi-NCR, Pitstop was started in 2015 by Mihir Mohan and Nirant Ramakuru. Pitstop caters to 70% of customers who are looking for high quality car service once their dealership service warranty expires.

Lenskart Picks Up Minority Stake In US-based 3D Face Modelling Startup Ditto; Invests $1M

India’s leading online shopping portal for eyewear, Lenskart, has pumped in a whopping $1 million in US-based eyewear e-commerce startup, Ditto.com to pick up a minority stake in the firm.

Lenskart, which is doing good business and has grown more than 200 per cent year on year, already makes use of Ditto’s 3D try-on tech on its website and app. The tech allows customers to virtual try-on eyewear and make their choice based on what suits their face cut and requirement the best.

Keiretsu Forum Invests in Defence-tech Startup Aadyah

The Bangalore chapter of global angel network Keiretsu Forum has led a nearly $1 million (Rs 6.5 crore) seed round in aerospace and defence technology startup Aadyah Aerospace Pvt. Ltd. Founded in April 2016, Aadyah focuses on building electro-mechanical actuators, control actuation systems and electro optics systems for missiles and launch vehicles.

Capillary Leads Pre-Series A Funding in Online-to-Offline Fashion Store Discovery & Loyalty App, Fashalot

Capillary Technologies, homegrown omni-channel and customer engagement platform, has led a pre-Series A funding round in online-to-offline fashion store discovery & loyalty app, Fashalot. Fashalot’s focus on driving footfalls at retail stores ties into Capillary’s push for creating solutions that improve retail store engagement with their customers. The investment was also driven by the fact that Fashalot is a pioneer in this high-potential industry, with a highly experienced team and deep expertise in advanced location-based technology and rich data that powers a new generation of consumer analytics highly contextual consumer marketing.

Apart from these top 10 funding deals, here are a few startups which have also secured funding for their growth and expansion:

GoChoppers Services Pvt. Ltd, a startup that provides luxury helicopter tourism services, has raised funding from Rivergate Capital.

West Indian opening batsman Chris Gayle has picked up minority stake in Bengaluru based augmented reality venture Flippar App.

Agri-tech firm CropIn Technology Solutions Pvt. Ltd has raised an undisclosed amount in pre-Series A funding from Singapore-based early-stage fund BEENEXT.

Vogo Automotive Pvt. Ltd, which runs online scooter rental startup Vogo Rentals, has raised an undisclosed amount in a seed round.

Consumer lending platform CrediFiable has raised Seed funding from Kae Capital.

ArtiVatic.ai has raised third round of angel funding from Dubai & Singapore NRIs after raising earlier fund from Spark10 Accelerator UK in Jul 2017.

Zomato has invested in Hyderabad-based foodtech startup, TinMen.

Delhi-based startup which provides healthcare contents, myUpchar.com(Health and Wellness Tips) has raised Rs 2 crore in seed funding

Inclov, a matchmaking app for people with disability and health disorders, has raised Pre-Series A funding from angel investors Rajan Anandan, Jamil Khatri, Ravi Iyer, Debjani Ghosh (Ex-MD, Intel South Asia) and Quintillion Media’s founder Raghav Bahl (also the founder, Network 18).

Language learning startup Multibhashi has raised Seed funding

Engee Wellness, which runs a foot-only reflexology chain under the brand Thai Way Foot Spa & Reflexology, has raised an undisclosed amount in its pre-series A round from group of investors.

Vasonomics, a leading VAS services player in Africa, has announced that it has made a strategic Investment in CreatioSoft, iGaming solutions provider based in India catering to various geographies.

Image Source: ShutterStock

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