Indian startup news on 12 May 2025

• Army field-validates Zuppa's Ajeet Mini drone12 May 2025 · News
• Ather Energy narrows loss, revenue rises 29%12 May 2025 · Results
• Zepto founders and Motilal Oswal buy $100M shares in secondary sale12 May 2025 · Stake sale · $350M

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