Indian startups raise $158.8M as Emami buys 60% of IncNut for ₹321 cr; Pronto, CHOSEN bag rounds
Weekly tally hit $158.8M across 24 deals (-15% WoW). Retail-adjacent: Pronto extended Series B to $45M (+$20M), CHOSEN skincare raised $5M Series A, Emami acquired 60% of IncNut Digital (Vedix, SkinKraft) for ₹321 cr, Apna Mart cut 10% staff, Epigamia named new CEO, Ola Consumer prepping IPO.
What happened
Indian startup ecosystem · Indian startups raised $158.8M across 24 deals; retail-relevant moves include Pronto's $45M Series B extension, CHOSEN skincare's $5M
Key facts
- $158.8M raised across 24 startups
- 15% WoW decline
- $120M growth-stage across 3 deals
- Pronto $20M extension to $45M Series B
- CHOSEN $5M Series A
- Emami buying 60% of IncNut for Rs 321 crore
- Apna Mart 10% layoffs
- Tencent sold 1.05% PB Fintech for Rs 805 crore
Why this matters
Emami's ₹321 cr for 60% of IncNut sets a fresh benchmark for D2C beauty roll-ups in India; if you're hunting in personal care or food, move on assets like Epigamia and pre-IPO Ola Consumer before strategic multiples reprice upward.