Top News of the week: 1. Fundings: - 19 Indian startups raised a total of approximately $205.76 million, including 5 growth-stage and 12 early-stage deals, while two startups kept their funding undisclosed. - Growth and late-stage funding totaled nearly $118.2 million this week led by healthtech startup Citykart in its Series B round led by TPG NewQuest followed by consumer tech startup Snabbit who raised $19 million in its Series B round. - Mufin Green secured $15 million in a debt round. Logistics firm Fleetx and agritech firm Sumunnati have also raised funding this week. - 12 early-stage startups collectively raised a total of $87.56 million in funding. - Fintech startup Saarthi Finance led the early-stage funding with a $55.5 million Series A round followed by e-commerce startup Slikk, deeptech startup Frinks AI, and AI firm Unbound among others. - E-commerce startup Estailo, and travel tech brand Gyde XP also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Beauty and personal care brand Nat Habit has announced the appointment of Kushal Gupta as Chief Retail Officer (CRO). - MathCo, an enterprise AI and analytics company has announced the appointment of Richa Sharan as new head of Human Resources Business Partner (HRBP). 3. M&As: - Bengaluru-based Jumbotail Technologies' has acquired B2B e-commerce platform Solv. - Open-source project management startup Plane has acquired Sort, a US-based engineering team. - Professional education firm Imarticus Learning has acquired edtech startup MyCaptain for Rs 50 crore (approximately $6 million), marking its fourth acquisition in the past four years. 4. Other Developments: - Infibeam posts Rs 1,160 Cr revenue in Q4 FY25; profit rises 20%. - FirstCry parent’s revenue crosses Rs 1,900 Cr in Q4 FY25; losses surge 74%. - Oxyzo clocks Rs 340 Cr PAT on Rs 1,207 Cr revenue in FY25. - Ola Electric losses surge 2X to Rs 862 Cr in Q4 FY25, revenue declines 62%. - EaseMyTrip revenue declines 15% in Q4 FY25. - Zerodha Capital clocks Rs 12.5 Cr profit in FY25. - Nykaa posts Rs 2,061 Cr revenue in Q4 FY25, profit soars 90%. - Jar enters UPI payments through BharatPe and Unity Bank. 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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