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Medial • 1m
Top news of the day: 1. GreenLine Mobility Solutions, part of the Essar group, has secured a $275 million equity investment to advance green logistics in India, including $20 million from investor Nikhil Kamath. 2. Nexus Venture Partners plans to invest Rs 125 crore in Rapido, boosting its valuation to $1.1 billion as the company prepares to enter the food delivery market. 3. Shares of Eternal and Swiggy declined by up to 4% after reports that Rapido plans to launch a food delivery service with lower commissions than these major players. 4. Vecmocon Technologies, an electric mobility solutions provider, secured $18 million in a Series A funding round led by Ecosystem Integrity Fund, with support from Blume Ventures and Aavishkaar Capital. 5. Blinkit's store in Pune, "Energy Darkstore Services," was shut down by the Maharashtra FDA for operating without a valid food license. 6. Democrats are increasingly supporting cryptocurrency legislation as its political influence grows, despite some opposing its links to Trump. 7. The Indian government has approved proposals by Micron Semiconductor Technology India and Aequs Group to establish Special Economic Zones (SEZs) for semiconductor and electronic component manufacturing. 8. Singapore-based Grab has denied being in talks for a potential acquisition of Indonesian rival GoTo. 9. Roomstory.ai, an AI-driven interior shopping platform, secured INR 3 Crores in pre-seed funding led by Rukam Sitara Fund. 10. Insurance tech company Slide aims for a $2.12 billion valuation in its Nasdaq IPO, disclosed in a recent filing. 11. The report by Protiviti urges Indian banks to swiftly adopt AI, privacy-enhancing technologies, and privacy-by-design strategies to comply with the Digital Personal Data Protection Act (DPDPA). 12. Tools for Humanity, co-founded by OpenAI's Sam Altman, is expanding its eye-scanning Orb devices to the UK, starting in London and soon in other cities. 13. Sunnova Energy has laid off 718 employees, representing 55% of its workforce, as part of a major restructuring. 14. Wakefit.co, an omnichannel mattress and furniture seller, has transitioned into a public company, renaming itself "Wakefit Innovations Limited" in preparation for a stock market listing. 15. Electric mobility startup Kazam is raising Rs 51 crore (around $6 million) in its Series B round, led by Vertex Ventures, with participation from Avaana Capital and Chakra Growth Capital. 16. Interior discovery platform Roomstory.ai has raised Rs 3 crore in a pre-seed funding round led by Rukam Sitara Fund along with participation from Bella Vita founder Aakash Anand and Wolfpack Labs. 17. Defence electronics startup Sanlayan raises Rs 186 Cr in Series A 18. Qualcomm has announced plans to acquire the UK-based semiconductor company Alphawave for approximately $2.4 billion. 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.
I'm just a normal gu... • 4m
German semiconductor giant Infineon and US-based onsemi are exploring partnerships to set up Outsourced Semiconductor Assembly and Testing (OSAT) facilities in India. This move aligns with India's growing push to strengthen its semiconductor ecosys
See MoreI'm just a normal gu... • 4m
china will now produce the entire semiconductor light chain at home😵 China has announced that it will now manufacture the entire semiconductor supply chain domestically, covering everything from raw materials to advanced chip production. This mov
See MoreI'm just a normal gu... • 2m
Minister for Electronics and Information Technology, Ashwini Vaishnaw, has unveiled two new semiconductor design facilities in Noida and Bengaluru as part of India's efforts to enhance its semiconductor ecosystem. During the inauguration, he stated
See MoreNews on Infrastructu... • 7m
Kolkata is set to become a major player in the global semiconductor industry with the announcement of a US-backed semiconductor hub! This landmark initiative, supported by Prime Minister Narendra Modi and ex-US President Joe Biden, aims to establish
See MoreI'm just a normal gu... • 5m
Tata Group to Sign MoUs with 10 Semiconductor Firms, Boosting India's Chip Industry The Tata Group is set to sign Memoranda of Understanding (MoUs) with ten semiconductor companies, further strengthening India's semiconductor ecosystem.This move ali
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