Back

Top news of the week: 1. Fundings : - In comparison, the previous week saw 25 startups across early and growth stages secure around $102.93 million. - Growth and late-stage funding totaled nearly $322.3 million this week led by Porter, an on-demand goods transport agency, which raised $200 million in its Series F funding round, led by Kedaara Capital and Wellington Management - Autmotive company Routemotic secured $40 million in its Series C round, Interior design startup Flipspaces raised $35 million led by Iron Pillar while Celcius Logistics, The Good Bug and e-commerce startup Blissclub also raised funding this week. - 20 early-stage startups collectively raised a total of $263.41 million in funding. - Healthcare company PB Healthcare led the early-stage funding with a $218 million seed round led by General Catalyst followed by robotics company Posha, edtech Footprints, Spacetech startup InspeCity, full-stack commercial vehicle platform 91Trucks, proptech Alt DRX among others who raised funding this week 2. Key Hirings & Departures : - Peeyush Ranjan, former CTO of Flipkart and ex-Google executive, has joined Mukesh Bansal’s startup incubator Meraki Labs as a partner. NBFC Kuhoo Finance has appointed Vineet Mahajan as CFO - Edtech company Veranda appointed Mohasin Khan as its new CFO. - Astrikos.Ai, an AI-powered infrastructure intelligence firm, has expanded its leadership team with four senior hires to drive its next phase of growth. 3. M&As: - SaaS unicorn Browserstack has acquired Requestly, a tool for HTTP interception, API mocking, and debugging. Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, has signed definitive agreements to acquire TJRWrestling.net and ITRWrestling.com from Titan Insider Digital. 4. Other Developments : - Aerem partners with OMC Power to promote rooftop solar adoption among MSMEs in Uttar Pradesh - Rilox EV joins forces with Hala Mobility to roll out 20,000 electric two-wheelers across India - KOGO AI and Tech Mahindra partner for AI agents - Fintech SaaS platform CaptainBiz launches Bill2Pay for MSMEs - Petcare startup Vetic to raise $26 Mn led by Bessemer - CaratLane posts Rs 883 Cr revenue in Q4 FY25 - Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115% - 10Club moves NCLT to begin insolvency proceedings - Swiggy to transfer ownership of key food brands to Kouzina - Porter becomes India’s second unicorn of 2025 with $200 million fundraise 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.