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Top news of the week: 1. Fundings: - In comparison, the previous week saw 27 startups across early and growth stages secure around $585.71 million. - Growth and late-stage funding totaled nearly $137.2 million this week led by D2C snacking brand Farmley in its Series C round led by L Catterton followed by battery tech startup VFlowTech who raised $20.5 million in its Series B round. - Disposable hygiene company Nobel Hygiene secured $20 million in a mix of primary and secondary transactions - IT Service provider Celebal technologies, biopharmaceutical company Avammune Therapeutics, ice-cream brand Hocco, digital invoicing and discounting platform M1xchange, quick Service Restaurant (QSR) chain Biryani Blues and omnichannel jewellery retailer also raised funding this week. - 17 early-stage startups collectively raised a total of $57 million in funding. - Oncology startup Complement1 led the early-stage funding with a $16 million seed round followed by Mixed reality startup Flam, AI startups Hyperbots, Adopt AI, Manufacturing firm TIEA Connectors among others. 2. Key Hirings & Departures: - Amagi, a cloud-based media SaaS company, has appointed two independent directors in compliance with the Companies Act, ahead of IPO. - Swiggy Instamart to appoint as its new SVP. - There was a notable departure as well this week as Pankaj Goel, who joined BharatPe as Chief Technology Officer (CTO) in July 2023, has stepped down from his position. 3. M&As: - Capillary Technologies, an AI-powered loyalty management firm, has acquired Kognitiv, a provider of omnichannel loyalty solutions, as part of its strategic expansion into North America. - Curefoods has secured the pan-India rights for Krispy Kreme, the global doughnut and coffee brand, marking its debut in North India. 4. Other Developments: - Zepto launches a subscription based data insights tool, Atom - Pine Labs and J&K Bank launch RuPay Credit Card - Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6% - Quikr posts first-ever profit in FY24 but left with only Rs 20 Cr in current assets - leap.club halts operations due To funding crunch, retention challenges 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.