Today Startup News 07 February 2025 From The Indian Startup Ecosystem

The Indian startup ecosystem is buzzing with new funding rounds and strategic acquisitions across various sectors such as artificial intelligence, healthcare, and e-commerce

Myntra, a prominent fashion e-commerce platform, has secured $81 million in funding from its parent company, Flipkart, indicating ongoing growth and expansion efforts

Cognidaai, an enterprise-focused AI startup, successfully raised $15 million in a Series A funding round led by Nexus Venture Partners, highlighting investor interest in AI technologies.

VilCart, a rural commerce startup, raised $10 million in bridge funding, with AI-X BV., Spark Capital, and existing investors like Nabventures participating in the round.

ITC, a major player in the FMCG sector, is set to acquire the 'Prasuma' and 'Meatigo' brands, aiming to strengthen its position in the frozen and ready-to-cook foods market

Perfios, a fintech firm providing software services to financial institutions, has acquired CustomerXPs, known for its fraud detection platform Clari5, to enhance its product offerings

Zomato's board has approved a name change to 'Eternal Limited,' reflecting a strategic rebranding initiative discussed in a recent board meeting

The startup story section highlights Sanjay Agarwal, the founder of Apna Godam, who is redefining agricultural supply by bringing Mandi services directly to farmers' doorsteps

The article emphasizes the dynamic nature of the Indian startup scene, encouraging readers to stay informed about ongoing developments and opportunities in the ecosystem