Top news of the day: 1. Bengaluru-based kidswear startup Biglilpeople has raised Rs 4 crore in seed funding, led by angel investors and Capwise Financial Services. 2. Sanlayan Technologies, an aerospace and defense startup in Bengaluru, secured Rs 186 crore in Series A funding led by Jungle Ventures, Ashish Kacholia, and Lashit Sanghvi. 3. GyanDhan, an education financing platform, raised Rs 50 crore in Series A funding from Classplus and Pravega Ventures. 4. Deeptech startup Vecmocon Technologies raised $18 million in a Series A funding round led by Ecosystem Integrity Fund (EIF), with participation from Blume Ventures and Aavishkaar Capital. 5. LoanTap, a digital lending platform, has raised Rs 74 crore in a pre-Series C round to enhance its supply chain financing for small retailers. 6. Ethereal Exploration Guild, a Bengaluru-based startup, aims to pioneer reusable launch vehicles in India. Co-founded by Manu J. Nair, Shubhayu Sardar, and Prashanth Sharma in 2022, the company is developing the Razor Crest Mk-1, targeting a full-flight demonstration by 2027. 7. Dream Hives, a Guwahati-based startup founded by Kaustoov Gopal Goswami and Dhrubajyoti Deka in 2021, aims to introduce mead, an ancient honey-based alcoholic beverage, to Indian consumers with local flavors 8. Fraxus3D is transforming the 3D printing industry by offering end-to-end design and manufacturing services, including prototypes and AI-powered miniatures. 9. Enterprise AI firm Snowflake plans to expand its India presence by increasing its headcount to over 700 employees by the end of 2025, up from the current 600. 10. Quick-service restaurant chain Wow! Momo Foods has raised Rs 85 crore (around $10 million) in debt funding from Stride Ventures. 11. BigBasket plans to launch a nationwide 10-minute food delivery service in India by the end of fiscal 2026 in the competitive $7.1 billion quick-commerce market. 12. Pantomath Group, a Mumbai-based financial services firm, has launched its first real estate investment fund, the Bharat Bhoomi Fund, with an initial target of Rs 1,000 crore, and a greenshoe option. 13. 8i Ventures, an early-stage venture capital firm based in Mumbai, has attracted a significant domestic limited partner for its second fund. 14. Rumik has developed Ira, an AI system built to analyze emotion, understand user intent, and converse in languages such as Hinglish, Bangla, and Marathi. 15. E-commerce start-up Meesho plans a $1 billion IPO in 2025, with board approval for issuing ₹411.4 crore in bonus shares. 16. Flick TV, a micro-drama OTT platform, secured $2.3 million in seed funding led by Stellaris 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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