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Startup news and updates: Daily roundup (March 27, 2025)

  • The Indian e-retail market is projected to reach over $60 billion in GMV with the growth of quick commerce and hyper-value commerce.
  • World Bank's IFC has invested in Alteria Capital's Shorter Duration Scheme, marking its foray into India's venture debt market.
  • OneStack, a fintech platform, has raised $2 million in Series A funding to digitize India's cooperative banking ecosystem.
  • Centre for Cellular and Molecular Platforms (C-CAMP) facilitates discussions between Karnataka's Health Minister and Netherlands Vice Minister of Health to explore collaborations in AI-driven health innovations.

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