Here is this Week's Start-up Wrap

Here is this Weeks Start-up Wrap

  • The week has come to an end but not without some good news and drama in the Indian start-up community.
  • Online Grocery platform BigBasket becomes the second unicorn of the year after raising about $150 million from South Korea's Mirae Asset Management, U.K.'s CDC Group and existing partner Alibaba.
  • Apart from these, online lingerie retailer, Zivame raised INR 10 crore, social network platform Halofy raised $8 million, rental furniture market place start-up Furlenco raised $5.84 million, Bengaluru-based design Bonito start-up raised $6.3 million.
  • The week started on a note that caused a stir in the Indian start-up community.

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