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Top news of the day: 1. Zuppa, a Chennai-based deep-tech startup focused on autonomous drone systems, has raised $1.5 million in a bridge funding round led by entrepreneur Rahul Dewan (founder of Srijan Technologies) with participation from Ajay Gupta (Capital Foods) and the Mangwani Family Office (ex-Aquapharm Chemicals). 2. Le Travenues Technology Limited, the parent company of travel tech platform Ixigo, has granted 211,912 stock options under its ESOP schemes of ESOS 2013, 2020, 2021, and 2024. 3. D2C baby products brand R for Rabbit is raising Rs 110 crore (around $13 million) primary capital in a Series B round led by Filter Capital, with participation from 3one4 Capital. 4. Cupid Ltd has announced a strategic investment in Saudi Arabia-focused GII Healthcare Investment Ltd, managed by Gulf Islamic Investments. 5. Schneider Electric SE is in discussions to acquire Temasek Holdings' 35% stake in Schneider Electric India Pvt for approximately $1 billion, potentially valuing the venture at around $5 billion, including debt. 6. Kettleborough VC, led by Nisarg Shah, has launched its second fund, aiming for a Rs 80 crore corpus, and already secured Rs 35 crore in commitments. 7. ChrysCapital is acquiring a 90% stake in Theobroma, an Indian bakery chain, for Rs 2,410 crore, marking a significant investment in India's quick-service restaurant sector. 8. Buy now, pay later (BNPL) startup Snapmint has made a strong comeback in FY25, recording nearly 80% year-on-year revenue growth after a flat performance in FY24. 9. Google is offering Indian college students access to its Rs 19,500/year AI Pro plan for free until September 15, 2025. 10. Zeus Hygia, a research-driven nutraceutical ingredient manufacturer, has raised $2.5 million in its Series A funding from NABVENTURES, the venture capital arm of NABARD. 11. Hyperlocal fashion quick-commerce startup Zulu Club has raised $250K in pre-seed funding from early-stage VC firm TDV Partners. 12. Telehealth platform Truemeds has secured another $20 million or Rs 174.33 crore in its ongoing Series C round from new investor Peak XV Partners. 13. Deep Algorithm Solutions, a cybersecurity and AI startup focused on fraud prevention in digital financial ecosystems, has raised Rs 10.8 crore (around $1.25 million) in a seed funding round led by Unicorn India Ventures, with participation from angel investors. 14. Venture capital firm Kettleborough VC, founded by early-stage investor Nisarg Shah, has launched its second fund with a target corpus of Rs 80 crore and announced a first close at Rs 35 crore. 15. Omnichannel payment solutions provider Phi Commerce raised Rs 51.34 crore ($6 million) in its ongoing Series B round from existing investor BEENEXT Ventures. 16. Mumbai-based quick commerce fashion platform KNOT has raised $3 million in a pre-Series A round led by Kae Capital with participation from Sparrow Capital, Boundless Ventures LLP, and founders of SNITCH, The Souled Store, and Bonkers Corner 17. Zepto Cafe, a quick food delivery service, is scaling down due to supply chain and staffing issues. 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.