Top News of the day: 1. Samunnati, an agri enterprise focused on enabling inclusive growth across agri-value chains, has raised Rs 42.5 crore (around $5 million) in equity from Agri-Biz Capital Delaware LLC. 2. OnlyFans, a popular subscription service known for adult content, could be sold for up to $8 billion. 3. After a three-year pause, fintech unicorn CRED is back in the fundraising game with a $75 million investment from its existing investors, three sources familiar with the matter told Entrackr. 4. Frinks AI, a deep-tech startup focused on visual inspection and quality control in manufacturing, has raised $5.4 million in its pre-Series A funding round led by Prime Venture Partners. 5. Myntra Design, a fashion e-commerce platform owned by Flipkart and operated in India, secured Rs 1,062.5 crore or $125 million from its Singapore-based parent company FK Myntra Holdings. 6. Samsung is considering a $100 million investment in Exo, a medical imaging startup. 7. Oyo, the parent company Oravel Stays Ltd, is preparing for its third public offering attempt, targeting a $6-7 billion valuation, with formal pitches from bankers set for next week. 8. MyGate, India's leading community management platform, turned EBITDA positive in FY25, marking a significant financial turnaround. 9. Fast fashion brand Newme has launched a 60-minute delivery service, Newme Zip, in Bengaluru, following its success in Delhi. 10. Amagi, a leading cloud-based media SaaS company, is preparing for an initial public offering (IPO) and has taken a concrete step by converting its holding company into a public entity. 11. Deep-tech startup Contineu has raised $1.2 million in a seed funding round led by SenseAI Ventures along with participation from Piper Serica Angel Fund. 12. Travel accessories brand EUME has raised Rs 25 crore ($3 million) in its Series A equity round led by investor Ashish Kacholia. 13. Brainbees Solutions Limited, the parent company of FirstCry, said on Monday that the Bureau of Indian Standards (BIS) carried out a surprise search and seizure at one of its Bengaluru warehouses. 14. Late-stage startups like InMobi, Zepto, and Zetwerk are turning to private credit before their IPOs to buy out early investors, presenting cleaner capital structures and boosting valuations. 15. Fleetx raises Rs 113 Cr in Series C led by IndiaMART and Beenext. Gurugram-based logistics SaaS startup Fleetx has raised Rs 113 crore ($13.2 million) in its Series C round led by existing investors IndiaMART Intermesh and BEENEXT’s Accelerate Fund. 16. Slikk, a 60-minute fashion delivery startup, has raised $10 million in its Series A round led by Nexus Venture Partners. 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.
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