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Harsh Dwivedi
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Medial • 3m
Top News of the day : 1. Solar panel manufacturer Rayzon Solar is raising Rs 150 crore (approximately $18 million) in a new round from the individual investors including Harshadkumar Patel, cricket legend Sachin Tendulkar, and Divyang Patel, among others. 2. An insurance-focused SaaS startup, Zopper, has laid off approximately 100 employees in 2025 3. Risa Labs has raised $3.5 million in a seed funding round led by Flipkart co-founder Binny Bansal, with participation from Oncology Ventures, General Catalyst, and others. 4. Electric vehicle (EV) fleet operators are fueling India's shift towards quick commerce by transitioning from petrol-powered scooters to EVs. 5. Infosys recently laid off 240 freshers after they failed internal assessments, marking the second round of performance-related dismissals this year 6. Wow! Momo has reportedly raised Rs 130–150 crore in a bridge funding round led by Kamal Agrawal from the Haldiram promoter family and Malaysian fund Khazanah Nasional. 7. PhonePe, the digital payments platform aiming for a $15 billion valuation in its upcoming initial public offering, has converted from a private company to a public limited company. 8. Cursor's AI support bot "Sam" invented a non-existent policy leading to user frustration and subscription cancellations 9. Tesla is facing a lawsuit in California, accused of using "predictive algorithms" that exaggerate odometer readings, allegedly causing warranties to expire prematurely 10. ITC Limited acquired 24 Mantra Organic from Sresta Natural Bioproducts for Rs472.5 crore. 11. Norwest Venture Partners and the Poonawalla Vision Fund have acquired a minority stake in Power Exchange India, a power trading company promoted by the National Stock Exchange (NSE) and National Commodity & Derivatives Exchange (NCDEX). 12. South Korean digital entertainment firm Krafton has invested an undisclosed amount in JetSynthesys, an Indian digital entertainment company focused on video gaming and e-sports 13. Fintech unicorn Razorpay has transitioned into a public limited company, moving closer to its planned initial public offering (IPO). 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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