Mumbai Angels, a nearly two-decade-old investment platform, is winding up its operations. The firm will no longer engage in angel or pre-seed investments, transitioning its Angel Fund into a co-investment vehicle for an early-stage blind-pool fund. This change comes as Mumbai Angels' portfolio has been subsumed by 360 ONE, allowing members to invest in a new fund. The move reflects a broader shift in investment strategies within the sector. Meanwhile, Indian foodtech startup Fambo has raised ₹21 crore (approximately $2.5 million) in a pre-series funding round led by Ev2 Ventures, connecting farmers with restaurants and hotels through its AI-enabled platform. Additionally, food delivery startup Swish is set to raise between ₹60 to ₹68 crore ($7-8 million) in a fresh funding round from UK-based Hara Global.