Insight

Akriti Chopra, the Chief People Officer and co-founder of Zomato, has submitted her resignation, effective immediately.

Edtech unicorn Vedantu raised Rs 19.25 crore ($2.3 million) in financing and equity from Stride Ventures. The Bengaluru-based company's first funding round since its $100 million round valued it at $1.1 billion is likely this.

Cloud kitchen company Curefoods raised Rs 80 crore ($9.6 million) in loans from Binny and Jitender Kumar Bansal. The Bengaluru startup has raised twice in six months.

Airtel, the largest telecommunications company in India, has introduced what it describes as the nation's first network-based, AI-powered spam detection solution. The solution is designed to substantially reduce the number of spam calls and messages received by Airtel's customers.

Qure.ai, a healthcare startup that is propelled by AI, has secured $65 million in its Series D funding round. Merck Global Health Innovation Fund and Kae Capital participated in the round, which was led by 360 ONE Asset and Lightspeed.

HomeLane, an omnichannel platform for home interior and renovation, has announced its intention to acquire DesignCafe, a prominent participant in the home interior market.

Care.fi, a fintech startup that specializes in healthcare, has secured Rs 8 crore in debt capital. Wint Wealth contributed Rs 5 crore, while Caspian provided Rs 3 crore in impact debt capital.

First Coffee, a specialty coffee brand, has secured $1.2 million in its seed round, which was led by BEENEXT.

Giva, an omnichannel jewelry startup, has secured an extended Series B round of Rs 100 crore ($12 million) from Premji Invest. This marks the organization's inaugural fundraising event of 2024.