Indian startup news on 23 May 2025

• Honasa Consumer Q4 FY25 revenue up 13%23 May 2025 · Results
• Zepto Cafe temporarily closes 44 outlets in 5 cities23 May 2025 · Shutdown
• InMobi doubles down on AI ahead of its IPO23 May 2025 · Milestone · $200 million
• Zepto co-founder alleges smear campaign by rival23 May 2025 · News

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