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Medial • 5m
Top News of the Day: 1. Easebuzz, a Pune-based startup, has emerged as a significant player in the digital payments sector, competing with giants like Razorpay and PayU. 2. Elon Musk's involvement in politics, particularly with US President Donald Trump, has tarnished Tesla's reputation, leading to protests and vandalism against the company. 3. E-commerce enablement platform Windo is raising Rs 54.2 crore (approximately $6.45 million) in its Series A round. 4. Blackstone has withdrawn from acquiring a stake in Haldiram's due to valuation disagreements, though Temasek remains interested. 5. ChrysCapital is in talks to acquire Theobroma Foods at a reduced valuation of approximately Rs 1,800 crore ($206 million), after previous negotiations halted due to the bakery chain's financial challenges 6. The Securities and Exchange Board of India (SEBI) settled an insider trading case with PB Fintech's CEO, Yashish Dahiya, for Rs 9.42 lakh. 7. ONGC, through its unit ONGC Green, acquired clean energy firm PTC Energy for $106 million. 8. Alphabet's Google has urged the US government to reconsider breaking up the company amid two anti-monopoly cases concerning search and advertising technology. 9. Leap Finance, a unit of the study abroad platform Leap, has raised $100 million in debt funding from HSBC's Asean Growth Fund. 10. ByteDance, TikTok's parent company, is offering a new share buyback for U.S. employees at $189.90 per share, marking an 11% increase from last year's price. 11. Taking a step towards its initial public offering, electric vehicle manufacturer Pure EV has converted into a public company. 12. D2C home appliances brand Nuuk has raised $5 million (Rs 40 crore) in a Series A funding round led by Vertex Ventures SEAI. 13. Ola Cell Technologies, a unit of Ola Electric Mobility, received a notice from IFCI for not meeting the Production Linked Incentive (PLI) Advanced Chemistry Cell (ACC) scheme targets. 14. Tesla is expanding its operations in India by hiring for 20 positions in Mumbai and Pune. 15. OYO projects a Rs 1,100 crore profit after tax for FY26, boosted by strong growth and the Motel 6 acquisition. 16. Darwinbox, a SaaS HR-services unicorn, raised $140 million from Partners Group, KKR, and others, valuing it around $950 million. 17. Nvidia-backed cloud firm CoreWeave to acquire AI developer platform Weights & Biases 18. M2P Fintech revenue slips over 13% in FY24, losses remain unchanged 19. Shraeyansh Thakur resigns from Peak XV after a decade 20. Enterprise solutions startup Beacon raises $7 million in round led by Sorin Investments 21. UK says Microsoft-OpenAI partnership does not need antitrust investigation 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.
Building-HatchUp.ai • 9m
Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture
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Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to
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