Startup, Mergers, Acquisitions and Funding Round-up this week

This week, India’s startup and corporate ecosystem saw steady deal activity, with fresh funding flowing into quick-service restaurants, edtech, and private credit, reflecting continued investor confidence across consumer and financial sectors. Alongside these capital raises, the market also witnessed key stake sales, ownership consolidation, and IPO-related developments, highlighting ongoing strategic realignments among established companies and high-growth digital platforms.

Wow! Momo Secures Rs. 75 Crore More in Series D

Wow! Momo raised an additional Rs. 75 crore as part of its Series D round, taking its valuation to about Rs. 2,838 crore. The fresh capital will support expansion across formats, strengthen its supply chain and accelerate growth in FMCG and quick-service offerings.

CarDekho Group Invests $10 Million in CollegeDekho

CarDekho Group invested $10 million in edtech platform CollegeDekho to deepen its presence in the education services space. The funding is expected to be used to scale student outreach, improve technology platforms and expand into new geographies.

Anicut Capital Raises Rs. 1,275 Cr for Grand Anicut Fund IV

Anicut Capital raised Rs. 1,275 crore for its fourth private credit fund, Grand Anicut Fund IV. The fund will focus on providing structured debt and credit solutions to mid-market companies across sectors in India.

Mergers and Acquisitions

• Arvind Fashions acquired Flipkart’s stake in Flying Machine for Rs. 135 crore, consolidating its ownership of the denim brand.
• SBI Mutual Fund sold a portion of its stake in Nazara Technologies through a bulk deal worth Rs. 108 crore.
• Honasa Consumer’s shares rose nearly 8% after co-founder and CEO Varun Alagh increased his personal stake in the company, signalling investor confidence.

Other News

• OYO’s parent company filed its draft red herring prospectus through the confidential route, indicating renewed plans to launch an initial public offering in India.