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Top News Of the Day: 1. Hair care products company Traya has secured Rs 75 crore (around $13Mn) in funding from Xponentia Capital. 2. Bengaluru-based spacetech startup, SatSure, has raised an undisclosed amount in a Series A funding round co-led by Baring Private Equity Partners (India) and Promus Ventures. 3. Jaipur-based non-banking financial company (NBFC), Namdev Finvest, has raised $19 million (around INR 157.7 cr.) in a pre-Series C funding round led by Danish asset management company Maj Invest. 4. Indian quick-commerce player Zepto is reportedly in talks to raise a minimum of $300 million (around INR 2,490 cr.) from global investors to double its valuation at around $3-3.5bn USD. 5. OpenAI drops login requirements for ChatGPT’s free version 6. Zomato gets service tax demand and penalty order of Rs 184 Cr 7. Online cricket gaming startup Hitwicket has secured an undisclosed amount of strategic investment from Indian cricket commentator Harsha Bhogle in their on going $3mn round (around INR 24 cr.) 8. Construction and home improvement platform Wify has raised Rs 17.5 crore or $2.1 million in its pre-series A round led by Capria Ventures. 9. Zomato-backed Magicpin's co-founder Brij Bhushan quits 10. Byju’s lays off about 500 staffers, nearly half from tuition centre business 11. Riversys Technologies Pvt Ltd, which runs cybersecurity-focused software-as-a-service (SaaS) startup Scrut Automation, has raised $10 million (Rs 83 crore) in a strategic funding round from existing investors. 12. Luggage maker Assembly has raised $2.1 million (Rs 17.5 crore) in a funding round led by consumer startup-focused early-stage investor Prath Ventures. 13. Cold-pressed juice chain The Fresh Press has raised an undisclosed amount in a pre-Series A funding round from Gruhas Collective Consumer Fund (GCCF). 14. ONDC rails infrastructure company Plotch.ai has raised an undisclosed amount in a seed funding round from early-stage investors Venture Catalysts and AC Ventures. 15. D2C brand A47.in has raised an undisclosed amount from Aditya Pittie. 16. New-age travel and lifestyle brand Assembly has secured $2.1 million, (around INR 17.43 cr.) a funding round spearheaded by Prath Ventures. 17. Bombay Shaving Company secures $3Mn (around INR 24.9 cr.) in debt funding from Alteria Capital. 18. Fintech SaaS Startup Lentra Lays Off 70-80 Employees To ‘Optimise Operations’ Stay Updated. Stay Informed. Stay Ahead. Share Medial App within your network and friends to grow this community. Please rate us on iOS AppStore/ Google Play Store to help us be visible to more awesome folks like you! New Features Coming Soon. Complete/Update Your Profiles!