PingSafe was acquired for over $100Mn, while they raised only ~$3Mn in total funding. That's actually quite a crazy outcome!

- Zepto raises $340 million in fresh round led by General Catalyst - Total fundraise hits $1 billion in two months, valuation reaches $5 billion - Company plans public market debut in 12-18 months - Zepto's FY23 revenue jumps 1,335% YoY to Rs 2,024 crore - Quick commerce market attracts government attention due to potential impact on small retailers Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/zepto-raises-1-billion-in-two-months-closes-340-million-round-led-by-general-catalyst-12810088.html)

https://www.linkedin.com/posts/nishantmittaltt_yesterday-i-posted-an-analysis-on-apna-activity-7136198472654897153-hMwv?utm_source=share&utm_medium=member_ios Damn. This is serious.

How it happened? -wifi turned off -Slack disabled -Email disabled

https://www.business-standard.com/companies/news/quick-commerce-firm-zepto-raises-665-mn-in-funding-valued-at-3-6-bn-124062100289_1.html

- WhizHack has secured $3 Mn in its Pre-Series A funding round from SAAA Capital, valuing the startup at $100 Mn. - The fresh capital will be used to enhance R&D through collaborations with universities in India and the US. - The startup plans to raise a larger Series A round in early 2025 to expand into North America and Europe. - WhizHack has seen over 200% annual growth in business from enterprise and government clients, and a 50X increase in shareholder value over the past three years. - Founded in November 2020, WhizHack competes with Kratikal, Hicube, and Skylark, and counts IITs, NPTI, and Microsoft among its partners. Source: Inc42

Amid this layoff season phonepe show a good response from the investor and raised 350$ mil at a valuation of 12$ billion.

- M2P Fintech, an API infrastructure platform, is set to raise $80 million in a new funding round led by a new investor, with existing investors like Insight Partners likely to join. - This funding round comes after two and a half years since the Chennai-based company last raised $56 million at a $650 million valuation. - The new funds will be used to enhance tech infrastructure and accelerate growth in India and overseas markets. - M2P Fintech's API enables businesses to offer branded financial services while ensuring regulatory compliance, operating in multiple countries including India, UAE, and Australia. - The company, backed by Tiger Global, has acquired six companies to date and is expected to be valued at around $880 to $900 million post-money in the new round. Source: Entrackr

How do they even raised money at 1B Valuation