🇮🇳 Roundup: Meta-backed Meesho eyes live commerce foray (Updated)

Startups in India, including Cars24, Razorpay, OfBusiness, Bizongo, Frnd, Adloid and Esah Tea, have collectively raised at least US$1.2 billion in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news in India today:

Meta-backed Meesho plans live commerce foray

Meesho, a social commerce unicorn backed by Meta, is planning to enter the live commerce segment, according to an Economic Times report.

Companies such as Flipkart, Myntra, and Glance have already ventured into the sector.

Live commerce is expected to become a US$5 billion opportunity in India by 2025.

Teachmint acqui-hires Indian arm of Singapore-based startup Teachee

Teachmint, an education infrastructure startup, has acqui-hired the Indian arm of Singapore-based edtech startup Teachee.

With this, close to 20 members of Teachee’s India team are now a part of Teachmint.

Teachmint had recently acquired Teachmore, a course-selling platform which enables teachers to sell educational products like online courses, live classes, quizzes and more through their own apps and websites.

Follow the rest of our India coverage here.