Grofers' valuation is expected to have crossed $700 million after the latest financing.
Ecozen plans to use the funds to launch new cold chain products and enter new geographies for irrigation sales.
The financing is likely to push Swiggy's valuation to $4 billion from $3.3 billion previously.
Azani Sports is among the chosen eight for Sequoia India's Surge accelerator programme.
The reason for the layoffs has been the failure on the company's part to raise a large funding round.
Tiger Global is seeking over $300 million for its stake. It has invested about $50-60 million in the company to date.
The open offer, which was originally scheduled for May, will now open on July 15 and close on July 20.
O4S will use the funding to strengthen its workforce, accelerate client acquisition, and build technology infrastructure.
Nag, who has been with PayU since 2011, joins others who have recently quit the company.
Hong Kong-based Composite Capital has also come on board as a new investor.
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