ETtech Deals Digest: DealShare, Shiprocket raise funds this week

The fintech firm, which is focused on software services for enterprises, will now foray into the B2B payments and credit market, Clear’s chief executive Archit Gupta told ET. • Singapore-based Nium has signed a definitive agreement to acquire fraud-hit Wirecard’s foreign exchange unit in India, as part of the latter’s insolvency process. • ARTPARK, a nonprofit that backs technology-driven solutions for social problems, is set to launch a $100 million venture capital fund for Indian startups in the robotics and artificial intelligence sector. The round was led by New York venture fund Tiger Global and co-led by WestBridge Capital, Alpha Wave Incubation and Z3Partners. In addition, the company is exploring acquisitions of early-stage startups in the social and gamification space, logistics and operation, co-founder Vineet Rao told ET.Logistics aggregator Shiprocket has secured $41.3 million in funding co-led by PayPal Ventures, the venture investment arm of PayPal, and existing investor Bertelsmann India Investments.Other existing investors Info Edge Ventures, March Capital, Tribe Capital and Innoven Capital also participated in the round.Shiprocket’s strategic partners like Razorpay and entrepreneurs such as Creds Kunal Shah and Zomatos Deepinder Goyal have also put in capital, cofounder and CEO Saahil Goel told ET.Edtech startup Teachmint has raised $20 million in a pre-series B round led by existing investor Learn Capital with participation from CM Ventures.The funding will help intensify its focus on development of live teaching technology, and aid enhancement of its products, expansion into newer markets and hiring of skilled talent, the company said.The one-year-old startup, which empowers teachers to create their own classrooms through its app, claims to have more than one million teachers on its platform.