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Top News of the week: 1. Fundings: - 22 Indian startups raised a total of approximately $112.35 million, including 6 growth-stage and 12 early-stage deals, while 6 startups kept their funding details undisclosed. - Growth and late-stage funding touched nearly $85 million this week, led by foodtech unicorn Rebel Foods, which raised $25 million from the Qatar Investment Authority. - Enterprise tech startup Uniqus Consultech secured $20 million in a Series C round led by Nexus Venture Partners, while drone tech firm Vayudh brought in $10 million in its Series A round backed by Dharaana Capital - Fintech player Bankbazaar, agritech startup Farmart, and Fabric along with its subsidiary Intellicar also raised capital during the week. - Skill-training platform Emversity led the early stage funding with a $5 million round followed by healthcare-focused fintech startup SaveIN, savings app Bachatt, agri-biotech startup GreenGrahi, D2C snack brand Phab, Travel tech startup for online visa applications among others. - Dev‑tools startup DevAssure, transit-tech platform Tummoc, AI startup Catalogus and AI-powered quick commerce platform KiranaPro also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles, Accel promotes Pratik Agarwal and Rachit Parekh to Partner. - Pine Labs promoted its CEO Amrish Rau to Managing Director and Chairman of the company and Ideaspring has appointed Kailashnath as partner. - There were a couple of departures as Sandip Basu, Group CFO of VerSe (Parent company of Dailhunt) stepped down from his role citing health reasons and Nitin Agarwal, CEO of Globalbees stepped down from his position due to personal reasons. 3. M&As: - Ampivo AI, a multi-modal AI solutions provider, has acquired a majority stake (51%) in Commerce Forever Solutions. CARS24 has acquired Team-BHP, a major automotive community platform in India. - Eyewear brand ClearDekho has been acquired by the Indian conglomerate Jaipuria Group. 4. Other Developments: - Cars24, the e-commerce platform for pre-owned vehicles, has laid off more than 200 employees from its product and technology divisions as part of a cost-cutting initiative. - Former Housing.com CEO Jason Kothari launches new startup Mythik - Candere's founder launches Lucira, a lab-grown diamond jewelry brand - The Circle FC collaborates with Start-in UP to propel Uttar Pradesh startups onto the global stage - MobiKwik teams up with Poonawalla Fincorp to provide instant personal loans - IPO-bound Captain Fresh to secure debt from Trifecta - Pagarbook turns cashflow positive amid steep valuation drop - XpressBees turns EBITDA positive in FY24, warehousing biz grows 60X - Zupee posts Rs 146 Cr profit after tax in FY24 - Boult Audio revenue jumps 40% to over Rs 700 Cr in FY24 - ED raids 8 locations linked to FIITJEE over centre closures 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.