🇮🇳 Roundup: DealShare turns unicorn with $130m raise, and more

Startups in India, including Infurnia, Hatica, ChistaData, and Social Swag, raised at least US$7.9 million in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

Grocery firm DealShare turns unicorn with $130m top up

The social commerce startup allotted 42,983 series E compulsory convertible preference shares to raise the amount. Tiger Global put in US$39.1 million, leading the round.

Other investors include Alpha Wave, Kora Investment, DF International Partners, and Twenty Nine Capital Partners.

Fintrackr pegs DealShare’s valuation at around US$1.6 billion after the round.

LoadShare to raise $50m in Tiger Global-led round: source

Tiger Global will inject about US$25 million to US$50 million on its own, people familiar with the matter told Entrackr. It’s expected to be valued at around US$200 million after it completes the fundraise.

The logistics startup most recently secured US$13 million in a series B round in May 2020, which was led by Beenext.

Zomato buys stakes in Adonmo, UrbanPiper

The food delivery giant did not disclose any financial details of the deals, which were already approved by its board of directors.

Additionally, Zomato’s directors have greenlit the establishment of the company’s own non-banking finance company subsidiary. It’s currently in the process of acquiring a relevant license for the business.

Cloud kitchen startup Curefoods acquires foodtech firm