BharatPe's ‘Merchant Shareholding Program’ (MSP) for its merchant partners, envisages creating an equity pool structure worth up to $100 million to be allotted to eligible merchants in the next four years. Edtech firm Hero Vired will increase its headcount by 3.5 times in the next one year and roll out a biannual appraisal and increment system to retain talent. And more interesting news.

The funding announcement comes days after MoneyControl reported that Zomato, flush with cash following the IPO, is looking to model itself on its earliest investor Info Edge and make investments to the tune of USD 50-100 million in at least 15-20 consumer internet startups in India.

Here’s a list of the top startup deals this week.

upGrad aims to upgrade your CV with its online MBA for working professionals and looks at a more hybrid model of offline with online education