The EleFant
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Signals
Indian startups bag $303 Mn this week; Rapido leads with $240 Mn, retail-D2C deals follow
Rapido's $240 Mn round anchored a $303 Mn week. Retail-adjacent raises included Wingreens Farms ($12.6 Mn), Dil Foods cloud kitchen ($7.7 Mn), Legend Of Toys ($2.2 Mn), and QSR play Bobakat. EaseMyTrip launched a ₹500 Cr rights issue; Zoho committed ₹70 Cr to ONDC.
Inc42 · 5/16/2026, 3:32:39 AM
Wipro Consumer Care, GVFL back pan-Asian F&B brand Moi Soi across 32 categories
Ceres Foods, parent of pan-Asian F&B label Moi Soi, raised an undisclosed round from Wipro Consumer Care Ventures and GVFL. The brand spans 32 categories. Separately, toy subscription startup the EleFant closed $1M pre-Series and doorstep repair platform Instafix raised Rs 7.55 cr pre-seed.
YourStory · 5/13/2026, 5:56:16 PM
Papa Johns India plots 30 new outlets in FY26 after Bengaluru relaunch under Ambrosia QSR
Relaunched in late 2025 by Ambrosia QSR, Papa Johns India is live on Swiggy and Zomato with 8 Bengaluru stores and plans 30 more this fiscal, signalling a renewed QSR push in South India's pizza market.
YourStory · 5/13/2026, 11:26:05 AM
The EleFant raises $1M pre-Series to scale toy subscription network to 20+ cities
Toy rental startup The EleFant secured $1M pre-Series funding led by Growth Sense Venture Fund, with JIIF and Arian Capital participating. The FICO-model subscription service, priced at Rs 599/month, operates via 125+ franchise partners across 18 cities and targets 50,000 subscribers and 20+ cities within 12 months.
Entrackr · 5/13/2026, 8:13:28 AM