Dream11, No Broker, Spinny — the top ten startup deals that raised $1.5 billion this week

Nov 26, 2021

By: Kritti Bhalla

Top 10 deals of this week

Nearly $1.5 billion was invested in the startup ecosystem across top 10 deals in this week. Three of these startups were valued over a billion dollars.

Credit: Canva

Dream Sports | $840 million

Dream11’s parent company Dream Sports raised $840 million from Tiger Global, DST Global and others at an $8 billion valuation. The capital will help the company expand its sports, fan engagement and fitness portfolio in India.

Credit: Dream-Sports

Spinny | $248 million

Used car portal Spinny also entered the Indian unicorn club (startups valued over a billion dollars) this week. The company raised $248 million in a round led by Abu Dhabi Growth Fund and Tiger Global, the company’s regulatory filings have revealed. It is valued at $1.7 billion as per media reports.

Credit: Spinny

NoBroker | $210 million

Proptech startup NoBroker raised $210 million in a Series E funding round led by General Atlantic, Tiger Global, and Moore Strategic Ventures. The company has crossed the $1 billion valuation to enter the unicorn club.

Credit: NoBroker

Indifi | $45 million

Digital financial services company Indifi Technologies has raised ₹340 crore ($45 million) in a mix of debt and equity. The company aims to serve more customers and identify additional segments of the micro, small and medium enterprises (MSMEs).

Credit: Indifi

CoreStack | $30 million

Global multi-cloud governance SaaS provider CoreStack raised $30 million in a round led by Avatar Growth Capital. The company will use this capital to scale its platform and enter new markets.

Credit: Canva/CoreStack

Haber | $27 million

Pune-based Haber, which provides automated insights to increase plant efficiency, has raised $27 million in a round led by Ascent Capital. The company will use the fresh funding to expand its reach across new geographies and industries.

Credit: Haber

Upstox | $25 million

Ratan Tata-backed online investment platform Upstox raised $25 million from Tiger Global, the company’s regulatory filings revealed. The company is valued at $3.4 billion in this round.

Credit: Upstox

Park | $25 million

New smart parking solutions startup Park raised $25 million in a round led by Sequoia Capital India, Matrix Partners India and Eqip Capital. The company will use the capital to strengthen its core technology and build innovative solutions for cars.

Credit: Park

Simple Energy | $21 million

Bengaluru-based electric vehicles startup Simple Energy raised $21 million in a pre-series investment round. The investment will increase its manufacturing capacity, accelerate new product development and expand experience centres.

Credit: Simple-Energy

Rentomojo | $19.4 million

Furniture rental firm Rentomojo raised ₹145 crore ($19.4 million) in a mix of debt and equity. Nearly $2 million was raised in equity and the remaining was in debt.

Credit: Rentomojo

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