Daily funding rounds, VC firm updates, and startup news from across India's ecosystem.

FMCG major ITC Limited acquires 100% stake in Sproutlife Foods, the maker of healthy snack brand Yoga Bar, for INR 645 crore. Read the full details.

Cloudnine Hospitals achieves unicorn status with a $450M secondary deal led by Permira and TPG Capital, pushing its valuation to $1.3 billion.

Peak XV Partners announces Surge 12, backing 18 early-stage startups with a $5 million seed funding round in India and Southeast Asia.