Welcome to this 18th post on the Startup Announcements. This is the weekly roundup on funding and acquisition around startups in India.
Some notable funding announcements:
SaaS product intelligence platform Indix raises $15 M
My Take: The amount of data we are churning we will see more likes coming out in the market.
Financial service startup raises $2.5 Mn
My Take: FinTech is hot, not saying anything more.
Recruitment startup raises $5 M from Blume Ventures and others.
My Take: Hiring talent is still a pain & solving this problem requires a lot of intelligence hence this funding.
Some notable Acquisitions:
Simplilearn Acquires US Based Market Motive For $10mn
My Take: It makes complete sense to enter in US market and this acquisitions will also help in creating base for Simplilearn in USA.
Food Delivery service Hello Curry acquires Fire42
My Take: Its time for consolidation and few big guns will survive in this domain.
You can find much shorter version with all announcement post from various news sources on my Medium post