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Top News of the week: 1. Fundings: - During the week, 17 Indian startups raised a total of approximately $95 million, including 5 growth-stage and 10 early-stage deals, while 2 startups kept their funding undisclosed. - IPO-bound proptech firm Smartworks led with a $20M pre-IPO round, followed by education-focused NBFC Varthana raising Rs 159 Cr ($18.5M) in debt. Clean-label food brand Kehtika secured $18M in a Series B round led by Narotam Sekhsaria Family Office and Anicut Capital. - Fintech Credit Wise Capital and Avis Hospital also raised funds - Further, 10 early-stage startups collectively raised around $22.11 million in funding led by tech-enabled NBFC InPrime Finserv raising around $6 million in its Series A round led by Pravega Ventures followed by NRI-focused fintech startup Belong, microdrama OTT platform Chai Bisket, home service marketplace Clean Fanatics, deeptech startup Green Aero, among others. - Cybersecurity startup LdotR and SaaS startup Monetize360 also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Crypto exchange CoinDCX has appointed Amol Wanjari as Head of Engineering and Sangeeth Aloysius as Head of Product. - Foodtech major Eternal (formerly Zomato) has appointed Aditya Mangla as the CEO of its core food delivery business. - Autodesk has appointed Kamolika Gupta Peres as Vice President for its India and SAARC business. 3. M&As: - Workspace solution provider Incuspaze has acquired VSKOUT, a B2B SaaS solution offering curated data analytics for commercial real estate (CRE), in a strategic move to enhance and integrate high-tech capabilities. - Infinity Fincorp Solution, a non-bank lender in India, has entered into a share purchase and subscription agreement with Partners Group, whereby Partners Group will acquire a significant majority stake in the company. 4. Other Developments: - Awfis expands into furniture biz to tap new revenue stream, cut costs - Flipkart Ventures launches Leap Ahead 4.0 to back early-stage startups - ClearTax unveils multilingual AI solution for filing IT returns - Flipkart Partners with Pebble to Launch India's First Smart Ring with Digital Display And Gesture Controls - Dhruva Space partners with Pixxel - Redcliffe Labs posts Rs 419 Cr revenue in FY25; narrows EBITDA losses 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.