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ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernaut SECTIONS Last Updated: Feb 19, 2021, 09:03 PM IST Share Synopsis Tata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing a new mode of fundraising. iStock Bengaluru: This week in ETtech Deals Digest, India’s largest edtech startups continued to gobble up smaller rivals, fintech startups bagged the biggest funding rounds, and a new fundraising route has opened for Indian startups. Liking this story? SUBSCRIBE We ll soon meet in your inbox. Please wait. TapChief, ascribing the gig jobs portal a valuation of Rs 100 crore and providing an exit to its existing investors. Post this acquisition, the company plans to launch a new vertical called Unacademy Pro. ....
Avataar Venture Partners raises $100 million as add-on capital SECTIONS Share Synopsis The add-on capital is on top of the $300 million that Avataar Venture Partners had raised in 2019 to invest in B2B and SaaS companies. ETtech (Illustration: Rahul Awasthi/ETtech) Mumbai:Avataar Venture Partners has raised a top-up fund of $100 million to invest in its star portfolio companies and to make new investments. This is in addition to the $300 million it had raised in 2019 to invest in business-to-business (B2B) and Software-as-a-Service (SaaS) companies. The fund has made three new investments so far, including in Rate Gain and SenseHQ, and has set up a Saas platform called Heal. ....
ETtech Morning Dispatch on Feb 18, 2021: India's digital payments overhaul indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.