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Top News of the Week: 1. Fundings: - During the week, 25 Indian startups raised a total of approximately $102.93 million, including 5 growth-stage and 18 early-stage deals, while 2 startups kept their funding details undisclosed. - Growth and late-stage funding totaled nearly $30 million this week, led by cleantech-focused NBFC Metafin, which raised $10 million in a Series A round. - Quantum cybersecurity firm QNu Labs secured $7 million, while neobanking startup Kaleidofin garnered $5 million. - Edtech platform CollegeDekho and marine services company Sadhav Offshore also attracted funding during the week. - 18 early-stage startups collectively raised a total of $72.98 million in funding. - Beauty tech and discovery platform Kult led the early-stage funding with a $20 million round followed by SaaS startup Fuze raising $12.2 million. - Healthcare platform HexaHealth, foodtech firms Anveshan, Sedna, AI-driven spoken English learning platform Stimuler, content creation platform Mugafi among others also raised funding this week. - Healthtech startup ekincare and Offline social networking platform Jamm also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Sahil Barua, founder and CEO of logistics company Delhivery, has joined the board of home decor and lifestyle brand Nestasia. - Venture capital firm GSV Ventures has appointed Abhishek Mishra, an executive from its IPO-bound portfolio company PhysicsWallah, as a partner. - Edtech startup Leap has elevated its senior executive Rajan Chaudhary as cofounder of the company. 3. M&As: - B2B SaaS fintech company Perfios has acquired healthcare information exchange IHX to strategically expand its technology stack into the health insurance claims ecosystem - D2C Lifestyle brand The Souled Store has acquired apparel brand Redwolf. - Food tech giant Zomato has removed its 15-minute food delivery tab, Quick, from its main app just four months after its launch, hinting at a possible strategic reset in its approach to ultra-fast meal deliveries. 4. Other Developments: - Infibeam Avenues to launch global agentic AI marketplace - CoinSwitch launches INR-based crypto futures - Razorpay launches AI-enabled payment gateway - Electric bike startup Ultraviolette to secure fresh funds in ongoing round - Zomato’s parent Eternal revenue grows 64% in Q4 FY25, PAT drops 78% - Fashion brand Libas profit falls 64% in FY24, nears Rs 500 Cr revenue - FarEye narrows losses by 63% amidst modest growth in FY24 - UPI transactions dip marginally to 17.89 Bn in April - Oyo re-enters food biz with Townhouse Cafe QSR chain 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.