Funding
Pesto raised $2 Million angel funding
Pesto, a Gurugram based edtech startup raised $2 Mn angel funding led by Matrix Partners, with participation of a group of angel investors including — Swiggy founders, Innov8 founder; Posist founder and OIC Capital’s Jack Yeung.
BlackBuck closed its $150 Mn Series D round
Bengaluru-based logistics startup BlackBuck closed its Series D round of $150 Mn led by Goldman Sachs Investment Partners and Silicon Valley-based Accel.
Zenoti raised $50 Million in a series C funding
Washington-headquartered SaaS startup Zenoti raised $50 Mn in a Series C funding round led by Tiger Global Management.
Acquisition
Gurugram-based hospitality chain OYO committed to acquire Amsterdam-based vacation rental company @Leisure Group. With this acquisition, OYO’s capabilities of asset management and technology will be combined with the presence, local know-how and category-specific expertise of the @Leisure Group in the sphere of vacation rentals.
Gurugram-headquartered online travel company MakeMyTrip acquired a majority stake in Mumbai-based corporate travel management startup Quest2Travel for an undisclosed amount. The acquisition will help the company to extend its service offerings to large corporates for their travel requirements.
Hyderabad-based healthcare technology firm Suvarna Technosoft is acquiring a controlling stake in Mumbai-based laboratory information management systems (LIMS) solutions provider MedPrecinct Solutions.
