Insight

Baazar Style Retail Ltd, a luxury fashion retailer, announced on Thursday that it has secured Rs 250 crore from anchor investors.

Cambrian Bioworks, a biotechnology company headquartered in Bengaluru, has raised $1.45 million in its seed round.

Zepto, a company that specializes in quick commerce, has secured $340 million in a follow-on financing round that was led by General Catalyst. Dragon Fund and Epiq Capital have also participated as new investors.

ODA Class, an ed-tech startup from Bengaluru, has secured $500K in its Series B round from Skywalker Education Technology Co. Ltd.

In an extended Series B round that was led by Fireside and Vertex Ventures, Pilgrim, a beauty and personal care D2C firm, has raised Rs 75 crore.

Miko, a robotics company that is a product of Emotix, has secured Rs 20.5 crore (approximately $2.5 million) in a new round of funding.

Amitesh Jha was appointed as the Chief Executive Officer of Instamart, Swiggy's quick commerce operation.

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Capgemini announced today that it has signed an agreement to acquire Syniti, a leader in enterprise data management software and services including platform and migration services, with a global footprint.

User data storage startup Medront has raised INR 1.06Cr in a Pre-Seed Round led by Inflection Point Ventures.