Indian startups raise $70.4M across 18 deals; Cult.fit and Rentomojo file for IPOs
Weekly retail signals: Flipkart extends zero commission to all 90,000 fashion sellers, Cult.fit files IPO papers (Rs 950 Cr fresh issue), Rentomojo eyes public listing, jewellery brand Aukera raises $10M, and quick-fashion player Klydo shuts its consumer arm.
Weekly Indian startup roundup with retail-relevant items: Flipkart expands zero commission to all fashion sellers, Cult.fit and Rentomojo file for IPOs, e-commerce brand Aukera raises $10M, quick-fashion Klydo shuts consumer arm, and Swiggy IOCC transition update.