🇮🇳 Roundup: Mamaearth enters unicorn club with $80m raise

Startups in India, including SecureNow, Aarna Networks, and Bummer, have collectively raised about US$9.6 million today in disclosed funding.

Here’s a snapshot of the fundraising:

Here is some other important tech news from India today:

Mamaearth becomes latest unicorn with $80m raise

The beauty products company greenlit the allotment of 1,741 series F preference shares for 3,385,049 rupees (US$45,296.45) apiece to raise the amount, Entrackr reported, citing a filing.

Sequoia led the funding round, pouring US44.4 million into the Indian firm. Sofina and Evolvence Fund also chipped in.

The funding may be part of a larger round and Mamearth could go on to raise more money from more investors. Fintrackr’s estimates pegged the startup’s valuation at around the US$1.07 billion range.

Ola Electric to set up public chargers via tie-up with Bharat Petroleum

Discussions between Ola’s electric vehicle arm and Bharat Petroleum are already in advanced stages, two sources told The Economic Times. Ola Electric is also said to be in talks with multiple real estate developers to set up chargers at their properties.

The company is looking to set up 140 charging areas across India by March next year, with its first public charger expected to come by early January, the sources added.

Ola previously said it aims to build one of the largest two-wheeler charging networks globally, aiming to set up 100,000 stations across 400 cities.

Teachmint acquires video learning platform

The acquisition of Airlearn marks Teachmint’s third takeover this month, following those of Teachmore and Teachee. Financial details of the latest deal were not disclosed.

Airlearn allows online education businesses to build their own live learning session platforms. It also offers tutoring management software to help instructors with tasks such as attendance marking, test taking, and creating virtual classrooms.