Today Startup News 07 February 2025 From The Indian Startup Ecosystem

The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.

Exclusive Yearbook🔖

Arvind Verma - Vehicle Care
Selling a piece of land is just like giving away a part of heart. Meet Arvind Verma, a farmer's son story.

Startup Funding:

Myntra Secures $81 Mn In Funding From Parent Flipkart
Myntra, a major fashion e-commerce company, has reportedly received $81 million (about Rs 709 crore) from its parent company, Flipkart.

Cognida.ai Raises $15 Mn Funding Led By Nexus Venture Partners
Cognida.ai, an enterprise AI startup has raised $15 million in a Series A funding round led by Nexus Venture Partners.

VilCart Raises $10 Mn In Bridge Funding Round
VilCart, a rural commerce startup has raised $10 million in a bridge funding round led by AI-X B.V., Spark Capital, and existing investors Nabventures.

Startup News:

ITC To Acquire Prasuma and Meatigo Brands To Expand Presence In Frozen Foods
FMCG giant ITC is acquiring the 'Prasuma' and 'Meatigo' brands to expand its presence in frozen, chilled, and ready-to-cook foods. 

Fintech Firm Perfios Acquires Fraud Detection Platform CustomerXPs
Perfios, a company that provides software services to banks and financial firms, has acquired CustomerXPs, the company behind the fraud detection platform Clari5.

Zomato Board Approves Company Name Change To Eternal Ltd
Zomato's board of directors has agreed to change the company's name to 'Eternal Limited,' according to a filing on Thursday. This decision was made during a meeting on February 6, 2025.

Startup Story:

How Apna Godam brings Mandi at the door step of the farmer
Sanjay Agarwal, founder of Apna Godam. He belongs to an Arhatiya middle-class family in Jaipur. The family had a shop in APMC but being the only son, Sanjay decided not to pursue his father's business. He worked at HDFC Back for almost 10 years.

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