According to Tracxn, the decline reflected “global trends influenced by the ongoing funding winter and geopolitical uncertainties, despite the robust performance of the Indian economy, which registered an 8.2% GDP growth rate for FY24 and is projected to maintain a 7.2% rate in FY25.”

Thane-based healthtech startup Watch Your Health has raised $5 million in a Series A funding round led by Cornerstone Ventures from India and Conquest Global from Singapore. 

KwikChat, a WhatsApp commerce solution by eCommerce enabler GoKwik, aims to quadruple its revenue and support over 5000 brands and 3 billion conversations in the next six months. Launched after acquiring Tellephant, KwikChat helps brands engage shoppers, increasing ROI on marketing campaigns, recovering abandoned checkouts, and boosting repeat purchases. Within a year, it expanded to multiple platforms, significantly increasing engagement and automated support queries. Brands using KwikChat, like Foxtale, report higher conversions and recovery rates, contributing to GoKwiks expected revenue growth this fiscal year.