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Top News of the week: 1. Fundings: - Conversational AI platform Gupshup raises over $60M in equity and debt from Globespan and EvolutionX. - IndiQube raises Rs 374 Cr from anchor investors ahead of its Rs 700 Cr IPO. SuperK, a retail chain for small towns, raises Rs 100 Cr in Series B led by 3STATE Ventures. - Pristyn Care, a surgery-focused hospital chain, has raised $4 million as part of a larger funding round to support its expansion of owned hospitals. - 16 early-stage startups collectively raised around $83.09 million in funding led by agentic AI startup Composio raising $25 million in its Series A round led by Lightspeed followed by semiconductor startup Netrasemi which secured Rs 107 crore ($12.5 million) co-led by Zoho Corporations and Unicorn India Ventures - Enterprise AI infra startup Kluisz.ai, edtech startup Edufund, electric mobility-as-a-service (eMaaS) platform EVeez, infra-tech Enlite, among others. - Industrial solutions company Magma, lab-grown diamond brand Coluxe and others also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Raise Financial Services, the parent of stock trading platform Dhan, appointed Amit Gupta as Group CFO. - Logistics startup Leap India, ahead of its IPO, named Harinarayanan Nair and Sanjiv Gupta as independent directors. - Shadowfax also strengthened its board with the appointment of Bijou Kurien, Ruchira Shukla, Pirojshaw Sarkari, and Dinkar Gupta as it prepares for its public listing. 3. M&As: - Mental health platform LISSUN has acquired US-based Being Cares Inc to advance its AI-driven, child-first behavioural development ecosystem in India. 4. Other Developments: - EV financing and leasing startup Ohm Mobility has announced that it is winding down operations after five years of trying to build a scalable business model. - Reliance enters fashion quick commerce with Ajio Rush - Spyne launches Vinnie, its first AI assistant, to revolutionize used car retail - BigBasket’s B2C losses widen sharply in FY25; consolidated revenue declines - Tata 1mg revenue nears Rs 2,400 Cr in FY25, trims losses - Milky Mist posts Rs 2,349 Cr revenue in FY25, profit jumps over 2.4X - Good Glamm Group to be split up as lenders enforce brand-wise sale - BNPL firm Simpl under ED lens for Rs 913 Cr FDI violations - Edtech unicorn PhysicsWallah receives SEBI nod for IPO Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.