→ SAP acquires Israel-based WalkMe to boost embedded AI use cases → iD Fresh Food raises $68 Mn in Series D funding → Vidyut Tech secures $10 Mn in Series A funding → Yulu raises $82 Mn in Series B funding → Zypp Electric raises $12 Mn in funding → Stock market update: Nifty Pharma index advances 2.62% → Innovist secures $3.5 Mn in pre-series A funding → Ixigo to launch its IPO on June 10 → Indian startups endure worst May since 2020, funding tanks 34% YoY to $657 Mn → Baron Capital slashes BYJU'S valuation by 99% → Stock market revives and surges by over 3%, closes above last Friday's high
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