Top 10 Startup News Highlights – Week Ending June 30, 2025


Stay updated with the biggest startup developments from around the world and India. From massive funding rounds and IPO filings to groundbreaking innovations in AI, healthcare, defence, and more—here’s your ultimate roundup of the top 10 startup stories this week.

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1. Abridge Valued at $5 Billion in Healthcare AI Breakthrough

Abridge, a Pittsburgh-based health-tech startup, has reached a $5 billion valuation in its latest funding round led by Andreessen Horowitz (a16z), with participation from Khosla Ventures. The company leverages AI to automate doctor-patient documentation, helping clinicians save time and reduce burnout.

Read the full story on Startup Monday on Medium

Why It Matters:

AI in healthcare is one of the fastest-growing verticals globally. Abridge’s success highlights the massive potential in automating clinical workflows.

Related Reading: How AI is Transforming Healthcare Globally


2. Indian Defence-Tech Startup Raphe mPhibr Raises $100M

Noida-based Raphe mPhibr secured $100 million in funding led by General Catalyst, aimed at expanding UAV (unmanned aerial vehicle) production and R&D.

Sector Impact:

As India ramps up its defence modernization, indigenous drone tech startups like Raphe are critical to reducing dependency on imports.

Source: Entrackr – Defence Startup Funding


3. Gradient Ventures (Google) Launches New $200M AI Fund

Gradient Ventures, Google’s AI-focused VC arm, announced a $200 million fund targeting early-stage AI startups across industries.

Industry Insight:

This marks Google’s ongoing push to lead in generative AI and large language model investments.

External Link: Gradient Ventures Official Website


4. Meesho Gets Shareholder Approval for IPO

Indian e-commerce unicorn Meesho has received the green signal to file for an Initial Public Offering (IPO). Co-founder Vidit Aatrey will serve as Chairman and CEO.

Why It’s Big:
The IPO reflects investor confidence in India’s booming social commerce market.

Source: YourStory Report on Meesho IPO


5. Curefoods Files DRHP for IPO in Cloud Kitchen Race

Food-tech brand Curefoods is going public, filing its Draft Red Herring Prospectus (DRHP) to raise capital for kitchen network expansion.

Explore More:
Curefoods competes with other aggregators like Rebel Foods and EatSure in the cloud kitchen space.

Source: Entrackr – Curefoods IPO Update


6. Altimetrik to Acquire SLK Software in AI-First Push

Digital engineering firm Altimetrik is set to acquire SLK Software, signaling a major consolidation in the IT and AI transformation domain.

Strategic Goal:

The merger aims to build a stronger AI-first delivery model for enterprise clients.

Source: YourStory Coverage


7. WsCube Tech Hits 4M Subscribers on YouTube

Edtech startup WsCube Tech, based in Jaipur, crossed 4 million subscribers on YouTube, offering tech and digital marketing courses in Hindi.

Why It Matters:

The demand for vernacular education in India is booming. WsCube Tech is riding this wave by localizing skill development for Tier 2 and Tier 3 learners.

Inbound Link: Explore Indian EdTech Trends on Our Blog


8. Wiom Raises $40M for Affordable Broadband in India

Delhi-based Wiom has raised $40 million to expand its affordable internet services, partnering with local cable operators.

Social Impact:

Wiom’s low-cost broadband model supports digital inclusion in urban and semi-urban areas.

External Link: Entrackr – Wiom Funding News


9. StayVista Secures Rs 40 Crore for Luxury Villa Rentals

Premium vacation rental platform StayVista raised Rs 40 crore from JSW Ventures, aiming to scale its high-end villa portfolio and improve its tech platform.

Travel Trend:

As affluent consumers seek private and luxurious travel options post-pandemic, StayVista is tapping into a fast-growing hospitality niche.

Related Article: Top Luxury Travel Startups in India 2025


10. European Startups Attract Big Funding in AI and InsurTech

Europe saw a funding surge this week:

  • Czech startup Waypoint AI raised €2.7 million

  • Danish InsurTech firm Leaf closed a €1.7 million round

What’s Driving It:

Venture capital continues to flow into AI, insurance modernization, and deep-tech sectors in Europe.

Source: EU-Startups Newsroom


Innovation and IPOs Dominate the Startup Scene

From AI breakthroughs to IPO filings and broadband expansions, this week showcased the incredible momentum of the global and Indian startup ecosystem. As funding rebounds and technology matures, startups continue to reshape healthcare, education, defence, internet infrastructure, and e-commerce.

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