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Author: Himanshu Sindhi
E-commerce enablement platform GoKwik has raised $13 million in a growth round led by RTP Global, with additional participation from Z47, Peak XV Partners, and Think Investments. The company plans to use the fresh capital to fuel international expansion and strengthen its AI-powered commerce infrastructure. Key Highlights
Hyderabad-based biotech startup Utopia Therapeutics has raised $1.5 million in Seed funding from Whale Tank to accelerate the development of its next-generation vaccines targeting chronic metabolic diseases, with a particular focus on obesity. Key Highlights
Zerodha co-founders Nithin and Nikhil Kamath have made a strategic investment of ₹250 crore in InCred Holdings, the parent entity of InCred Financial Services (IFSL). This minority stake acquisition comes at a critical inflection point, as InCred prepares for its highly anticipated IPO. Key Highlights Why This Matters
Hyderabad-based frozen treat startup Skippi, known for its all-natural ice popsicles, has successfully raised ₹12 crore ($1.4 million) in an extended pre-Series A funding round. The round was led by the Dubai-based strategic family offices of Surya, contributing ₹10 crore, while the remaining ₹2 crore came from angel investors. Key Highlights What Sets Skippi Apart
Homegrown e-commerce giant Meesho has officially concluded its reverse flip to India, receiving final approval from the National Company Law Tribunal (NCLT) last week. With this move, Meesho joins a growing list of Indian unicorns reshoring their legal domiciles ahead of domestic stock market listings. Key Highlights
Delhi-based clean-mobility startup Evera Cabs has secured $4 million in fresh funding from Mufin Green Finance through a hybrid structure comprising convertible debentures and debt. The capital infusion will accelerate the expansion of Evera’s electric vehicle fleet and enhance its airport-centric transport services. Key Highlights
Hyderabad-based HR tech unicorn Darwinbox has completed a significant Employee Stock Ownership Plan (ESOP) buyback worth ₹86 crore ($10 million), marking its third such initiative in four years. The move underlines the company’s commitment to employee wealth creation and long-term retention as it continues to expand globally. Key Highlights Industry Trends Regulatory Support
The co-founders of PharmEasy—Dharmil Sheth, Dhaval Shah, and Hardik Dedhia—have unveiled their latest venture, All Home, a platform that aims to modernize India’s fragmented home and interior design product industry. Their focus is to provide a one-stop destination for homeowners, architects, and designers across categories like furniture, lighting, kitchenware, and more. Key Highlights
Daikin India has joined forces with the Department for Promotion of Industry and Internal Trade (DPIIT) to foster startup-driven innovation and strengthen India’s industrial transformation. 🔹 Partnership Overview 🔹 Scope and Impact Areas 🔹 Expert Perspectives 🔹 Why This Matters
Healthtech startup Pristyn Care has accelerated its shift toward a full-stack care delivery model with the launch of three new digitally integrated hospitals in Gurgaon, Hyderabad, and Kochi, bringing its total count of self-owned hospitals to eight—just four months after opening its first facility. This expansion marks Pristyn Care’s entry into South India, significantly increasing its clinical footprint to 200,000 sq ft, including 400 beds, 20+ modular OTs, 50+ ICU beds, and a medical team exceeding 550 professionals. From Asset-Light to Full-Stack Healthcare Pristyn Care’s latest move comes on the heels of its February 2025 announcement, when it debuted five…