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Indian startup funding and acquisitions from June 10 to 15.

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This week, 31 Indian startups collectively raised approximately $336.45 million in funding across 11 growth-stage and 18 early-stage deals. Two early-stage startups did not disclose their funding amounts. In comparison, last week saw 17 startups raise over $400 million.

Growth-stage Deals: 11 startups secured $170.4 million. Leading the list was Battery Smart with $65 million, followed by Foxtale ($18 million) and Samunnati ($16 million). RENEE Cosmetics and Smartworks each raised $12 million.

Early-stage Deals: 18 startups garnered $166.05 million. Leading early-stage startups included SCOPE, Indkal, Ethereal Machines, Indigrid Technology, and Trampoline. Clapingo and Eduport did not disclose their funding details.

City and Segment-wise Deals: Bengaluru led city-wise with 11 deals, followed by Delhi-NCR, Mumbai, Ahmedabad, and Chennai. E-commerce had the highest number of deals (six), followed by fintech, EV, edtech, foodtech, and healthtech.

Series-wise Deals: Seed funding topped the list with 10 deals, followed by seven Series A, two pre-Series A, six Series B, and three debt funding deals. Funding dropped 16.38% from the previous week’s $402.34 million.

Fund Launches: Recur Club launched Recur Scale for financing startups and SMEs with revenues over Rs 40 crore, offering up to Rs 100 crore in debt financing. South Park Commons expanded to Bengaluru, partnering with Flipkart co-founder Binny Bansal. Pavestone VC secured INR 15 crore from Colruyt Group India. Neo Asset Management closed its first special credit opportunities fund at $308 million, and Unifi Capital launched two new funds at GIFT City, Gujarat.

Key Hirings and Departures: Vijay Arisetty was appointed CEO of Aurm. Saumil Parekh joined hBits as CMO, and Anirudh Ravichander became co-founder and brand ambassador of VS Mani & Co. Hemesh Singh of Unacademy transitioned to an advisory role after nearly a decade.

Layoffs: Kissflow laid off 45-50 employees, representing 15% of its workforce, due to product shutdowns and performance reviews. CEO Suresh Sambandam cited strategic shifts and performance evaluations as reasons.

M&A Activity: 360 One acquired ET Money for Rs 365.8 crore. Suven Pharmaceuticals bought a 67.5% stake in Sapala Organics for Rs 229.5 crore. NODWIN Gaming acquired Ninja Global FZCO for Rs 29.8 crore.

ESOP Buyback: DeHaat completed its first ESOP buyback worth Rs 10 crore, benefiting 153 employees. The company has issued ESOPs worth over Rs 100 crore to more than 200 individuals.

Potential Deals: 82°E is raising $6 million in a seed round. Zepto is aiming for $650 million, Purplle is set to secure $100 million, and boAt is exploring investment opportunities.


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