🇮🇳 Roundup: Zetwerk banks $210m at $2.7b valuation, more

Startups in India, including Jupiter and Tango Eye, collectively raised about US$87 million today in disclosed funding.

Here’s a snapshot of the fundraising:

Here is some other important tech news from India today:

Zetwerk secures $210m in Greenoaks-led round at a $2.7b valuation

The US-based investor put in US$72.5 million into the Indian startup. Zetwerk’s other backers include Iconiq Strategic Partners, D1 Capital Partners, Steadview Capital Mauritius, Avenir Zetwerk Investors, and Lightspeed Venture Partners, among others.

The round takes Zetwerk’s valuation to around US$2.68 billion, according to VCCircle estimates.

Zetwerk’s latest raise comes after it secured US$150 million earlier this year as part of its series E raise. The earlier round pushed the startup to unicorn status, bringing its valuation to around US$1.33 billion at the time.

Flipkart to acquire ecommerce enabler for over US$33.6m

Flipkart is said to be in late-stage talks to buy ANS Commerce, a company that provides brands with marketing, store management, and warehousing, among other services.

The deal is expected to close in the coming weeks, the sources added.

ANS currently works with over 100 brands and previously said it looks to scale about 150 to 180 brands by the end of the financial year. It recently raised US$2.2 million in a pre-series A round led by Gokul Rajaram and Venture Catalysts.

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