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Harsh Dwivedi
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Medial • 9m
Top News of the Day: 1. Kaatil, an Indian-chilli-focused hot condiments brand of Smerc Food & Beverages, has raised an undisclosed amount in its seed round led by Mumbai-based Prajay Advisors 2. Mumbai-based medtech startup Qure.ai is planning to raise $50-60 million in a funding round led by Lightspeed. 3. Ola Electric, the Bengaluru-based electric vehicle (EV) manufacturer, is projected to reach EBITDA breakeven by the fiscal year ending March 2027 4.Tupperware Brands is reportedly preparing to file for bankruptcy as soon as this week, according to sources familiar with the plans. 5. D2C Health Foods Brand Alpino Ropes In Shilpa Shetty As Investor 6. Rapido has formed partnerships with OEMs and fleet operators, including Zypp Electric and Gogoro, to support the Delhi government's objective of electrifying all bike taxis by 2030. 7. Online travel aggregator (OTA) platform EaseMyTrip has acquired a 30% stake in Rollins International and a 49% stake in Pflege Home Healthcare to enter the medical tourism market. 8. Hyperlocal news platform Way2News has raised $14 million in its Series B round led by WestBridge Capital, with participation from venture capitalist Sashi Reddi. 9. PhonePe has captured over 50% of the market share in UPI transaction volume as of August, according to data from the National Payments Corporation of India (NPCI). 10. Food delivery platform Swiggy has launched a career growth initiative called "Project Next" for its delivery partners. 11. Omnichannel diagnostics service provider Redcliffe Labs has raised $42 million in a Series C funding round led by Denmark-based investment firm IFU 12. ONDC Slashes Network Partner Incentives By More Than 80% Ahead Of The Festive Season 13. Koo cofounder Mayank Bidawatka announces new venture Billion Hearts Software Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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