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Harsh Dwivedi
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Medial • 7m
Top News Of the Day: 1. Venture capital firm Prath Ventures has raised Rs 120 crore marking the second close of its INR 225 Crore round, led by SIDBI Funds and others. 2. Dermatology startup Cureskin raises Rs. 160 Cr ($20Mn) led by Healthquad 3. On-Demand Driver aggregator DriveU In Talks to raise Rs. 80 Cr ($10Mn) in funding. 4. Indian e-commerce company Meesho has announced a Rs 200 crore ($26.7 million) employee stock option (ESOP) buyback programme, its largest to date. 5. Sugar.fit, a healthtech startup focused on managing and reversing diabetes, has raised Rs. 40 Cr ($5 million) in its ongoing Series A funding round 6. Indian gaming firm, Nazara Technologies, has set aside Rs. 800 Cr ($100 million) for potential mergers and acquisitions for global expansions. 7. Indian software company Perfios has secured $80m in funding from Ontario Teachers' Pension Plan's venture growth arm. 8. IBM has reportedly announced layoffs in its marketing and communications division, according to CNBC. 9. Battery tech startup LOHUM has announced that it raised Rs. 448 Cr ($54 million) in a Series B funding led by Singularity Growth 10. Small Industries Development Bank of India (SIDBI) has received $24.5 million from the Green Climate Fund (GCF) for its Avaana Sustainability Fund (ASF). 11. Indicold, a cold chain solutions provider, has received funding in its pre-Series A round from venture capital firm Fundalogical Ventures 12. Karnataka HC extends interim stay on Byju's EGM till March 28 13. NCLT lists Byju's vs BCCI case for March 20, order likely next week 14. BIA Brands, a fast-moving consumer goods (FMCG) company, has acquired beauty brand Asa Beauty to expand its presence in the beauty and personal care (BPC) space Stay Updated. Stay Informed. Stay Ahead. Share Medial App within your network and friends to grow this community. Please rate us on iOS AppStore/ Google Play Store to help us be visible to more awesome folks like you! New Features Coming Soon. Complete/Update Your Profiles!
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