Reasoned - 11th Newsletter

Author

Harsh Mandavia
August 16, 2024 • Estimated Reading Time: 2 minutes

Reasoned Ventures - Weekly Bulletin
Your weekly dose of infographics and news.

Infographic Of The Week

IIT Madras is a breeding ground of innovation. As per Inc42 data, a significant number of IIT Madras graduates have incorporated as many as 56 startups!

News Of The Week

India's Vayana secures $20.5m in Series D funding - FinTech Futures: Fintech news

Vayana, an Indian trade finance platform, has secured $20.5 million during its ongoing Series D funding round led by SMBC's Asia Rising Fund.

Fintech firm Revolut valued at $45bn in employee share sale

Staff in line for $500m windfall, with company now worth more than market valuations of big high street banks

Ecommerce logistics companies join quick commerce bandwagon as orders rise

Ecom Express, Shadowfax, and Loadshare, supported by Warburg Pincus, Flipkart, and Tiger Global, respectively, have entered the rapid delivery market. Delhivery plans to open shared dark stores for faster deliveries. A rise in demand for quick deliveries and significant sales via social media from smaller D2C brands has prompted this shift in the logistics industry.

Cross-border payments fintech Skydo raises $5 mn from Elevation Capital

Cross-border payments fintech: The firm had previously raised $5.2 million in a seed round led by Elevation Capital in 2022

Startup news and updates: Daily roundup (August 16, 2024)

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond.