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Medial • 2m
Top news of the day: 1. Hyperbots, Alt DRX, TheAlphaCode.org, and TIEA Connectors have successfully secured early-stage funding. 2. TIEA Connectors, a Bengaluru-based company specializing in the design, development, and manufacturing of customized industrial electronic and electrical interconnect solutions, has raised Rs 22 crore ($2.57 million) in its latest funding round. 3. Chinese e-commerce giants Alibaba and JD.com are expanding into instant retail with delivery speeds of 30 to 60 minutes to boost market share amid a consumer slowdown. 4. Real estate platform NoBroker improved its financial performance during the fiscal year ending March 2024, with operating revenue increasing by nearly one-third year-on-year. 5. Amazon Prime Video will begin incorporating limited ads into its movies and TV shows in India from June 17, 2025. 6. Titan Capital leads seed round in skincare brand Be Clinical Skincare brand Be Clinical has secured Rs 2 crore in a seed funding round led by Titan Capital, along with participation from P-TAL founder Aditya Agarwal. 7. Quick Service Restaurant (QSR) chain Biryani Blues has raised $5 million (about Rs 42 crore) in a pre-Series C funding round led by Carpediem Capital’s new fund, Yugadi Capital. 8. Curefoods has acquired pan-India rights for Krispy Kreme, extending its operations to 11 stores in Delhi-NCR. 9. Zepto, a quick commerce unicorn, is nearing a $350 million secondary share sale, valuing it at approximately $5 billion. 10. Billdesk cofounder MN Srinivasu has been appointed chairman of the Internet and Mobile Association of India (IAMAI) for two years, succeeding Dream Sports' cofounder Harsh Jain. 11. Swiggy Instamart is reportedly appointing Ankit Jain, a Senior Vice President at Flipkart, as its new SVP. 12. Celebal Technologies has raised $15 million in Series B funding from InCred’s private equity fund and Norwest Venture Partners to expand in North America and Europe. 13. Flipkart is scaling down its quick commerce expansion, limiting its Flipkart Minutes division to major cities to manage costs. 14. Hyperbots, an AI startup for finance and accounting, raised $6.5 million in a Series A funding round led by Arkam Ventures and Athera Venture Partners 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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In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus
See MoreBuilding-HatchUp.ai • 8m
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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San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creators’ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi
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