Top News of the day- 1. Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India. 2. Fintech firm nsave has raised $4m (around INR 32 Cr.) in a seed funding round co-led by TQ Ventures and Sequoia Capital. 3. Cofounders of AI startup Builder.ai, Sachin Dev Duggal and Saurabh Dhoot, have been booked by the Enforcement Directorate (ED) in connection with separate criminal cases 4. The audio entertainment startup Pocket FM’s fresh fundraise with the Abu Dhabi Investment Authority (ADIA) likely to value the startup at $1.2 billion. 5. US-Based Alphatron Closes Maiden Fund At $30 Mn To Invest In Indian Startups 6. Subko Coffee has raised Rs 80 crore in a new round led by Zerodha co-founders-backed NKSquared. 7. Flipkart Tweaks Increment Policy, To Give Pay Hikes In Two Tranches. 8. OKX, one of the largest crypto exchanges in terms of trading volume, is shutting down its services in India 9. Rupee falls 35 paise to hit all-time low of 83.48 against US dollar 10. Trump's social media company, Truth, to debut on Nasdaq following Digital World merger 11. Fintech platform Yenmo has raised $500,000 (around 4.1 Cr) in seed funding led by Y Combinator 12. BYJU’S To Restructure 30 Tuition Centres, 90% Will Continue To Run On Hybrid Model 13. Mustafa Suleyman, known for his work at DeepMind and Google, is leaving his startup, Inflection AI, to join Microsoft to lead its consumer AI business 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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