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Top News of the week: 1. Fundings: - During the week, 26 Indian startups raised a total of $97.45 million, including 4 growth-stage and 16 early-stage deals, while 6 startups kept their funding undisclosed. - Telehealth platform Truemeds has secured $20 million in its ongoing Series C round from new investor Peak XV Partners, while omnichannel payment solutions provider Phi Commerce tops up Series B with $6 million from BEENEXT. - B2B e-commerce unicorn Zetwerk has raised Rs 75 crore ($8.8 million) in debt funding from JM Financial and foodtech startup Lo! Foods bagged $3.5 million in Series B round led by Rainmatter. - 16 early-stage startups collectively raised around $59.15 million in funding led by deeptech startup QpiAI, raising $32 million in Series A round co-led by Avataar Ventures, National Quantum Mission followed by speech, home decor startup Vaaree, AI video platform Trupeer, quick commerce fashion platform KNOT, spacetech startup OmSpace, AI research startup Gibran, among others. - AI startups Onetab.ai, Fire AI, Aquila Clouds, wellness brand CosMoss and others also raised a sum but did not disclose the amount raised. 2. Key Hirings & Departures: - Rebel Foods appointed co-founder Ankush Grover as CEO, with Jaydeep Barman moving to Chairman and Group CEO. - PhonePe named Shivnath Thukral as VP of Public Policy and Government Affairs, while PhysicsWallah (PW) brought in Satish Sharma as CMO to strengthen its online, offline, and hybrid education presence. - Pocket FM promoted Akansha Kumari to Head of Product, and former HDFC Securities COO Sandiip Bharadwaj is set to become the new CEO of Paytm Money. 3. M&As: - Bengaluru-based B2B e-commerce unicorn Udaan has acquired retail-tech startup ShopKirana in an all-stock deal, signaling a strategic consolidation in India’s eB2B space. - ChrysCapital-backed Corona Remedies to acquire seven brands from German pharma major Bayer Pharmaceuticals. AI-powered CRM engagement company, Conversive acquired AI startup VoxGenie. 4. Other Developments: - Altum Credo to raise Rs 100 Cr in Series C round - Milky Mist to raise Rs 357 Cr in pre-IPO round - R for Rabbit to raise $27 Mn in primary and secondary capital - Burger Singh to raise Rs 47 Cr in fresh funding round - Jupiter Money enters insurance distribution with IRDAI approval - GIVA launches same-day delivery service across four cities - edForce partners with Linux Foundation APAC to drive open-source upskilling at enterprise scale - Ullu forays into Web3 with launch of UlluCoin 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.