Today Startup News 13 March 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.

Startup Funding:

Purple Style Labs Raises $40Mn Series E Funding From SageOne fund, Others
Luxury fashion brand Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has raised about $40 million in funding in a Series E round led by SageOne Flagship Growth OE Fund.

Scimplify Raises $40 Mn In Series B Round From Accel, Others
Scimplify, a Specialty chemicals manufacturing startup has raised $40 million in a Series B funding round co-led by Accel and existing investor Bertelsmann India Investments.

Startup News:

Sudhir Kamath To Resign As COO Of Nazara Technologies
Online gaming company Nazara Technologies has announced that its Chief Operating Officer (COO), Sudhir Kamath, will be stepping down from his position.

Groww In Acquisition Talks With Wealthtech Startup Fisdom
Groww, India’s largest stock broking platform, is in talks to acquire PayU-backed wealthtech startup Fisdom for $140-160 million, according to sources.

Flipkart Cofounder Binny Bansal Launches New Startup Opptra To Tap Consumer Brand Growth
Flipkart co-founder Binny Bansal has launched a new startup called Opptra, a tech-driven company that helps brands expand in Asian markets through franchising. 

Startup Story:

How Failures Lead to Success: The Inspiring Journey of Avidii
An Edtech platform from Switzerland called Avidii has expanded to India and is now providing on-demand educational services. Only a select few are able to stand out from the crowd and make lasting impressions on the industry on the broad terrain of startups where hope meets opportunities and obstacles.

Visit VIESTORIES.COM to keep updated in Startup Ecosystem