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Top News Of the Day: 1. Electronica Finance, a provider of loans to micro, small, and medium enterprises (MSME), has raised $48 million (around INR 398 cr.) in a Series B funding round. 2. SingleInterface Bags $30 Mn (around INR 249 cr.) To Offer Hyperlocal Marketing, Ecommerce Solutions To Brands 3. Amazon Web Services has reportedly laid off hundreds of employees in its physical retail technology unit, as well as in its sales, marketing, and global services division. 4. Former Flipkart co-founder Sachin Bansal is reportedly in talks to raise up to $400 million (around INR 3,320 cr.) for his fintech startup Navi, valuing the company at around $2 billion. 5. Centre Court Capital Floats Maiden INR 350 Cr (around $42mn) Sports Tech And Gaming Fund 6. Founders Exit as listed business services provider and private sector employer Quess Corp Limited has bought Bengaluru-based gig economy platform Taskmo for an undisclosed amount. 7. The Good Glamm Group forms joint venture with Serena Williams to enter US market 8. Delhi NCR-based sports tech platform Hudle raised Rs 7 crore (around $900k) in a pre-Series A funding round led by Inflection Point Ventures and Sky Impact Capital, along with Survam Partners and Anay Ventures. 9. Diagnostic services provider Curelo raised Rs 10 crore (around $1.20mn)from IMA Ventures, Tarun Katial (Founder of Zee 5), and family offices in the US. Cricketer Shreyas Iyer also invested in the round. 10. Bengaluru-based software firm CloudWorx Technologies bagged $600,000 (around INR 4 cr.) in seed funding from Venture Catalysts and crowdfunding platform 1Crowd. SucSEED, LetsVenture, Provista, and Agility Ventures also participated in the round. 11. Amid Probes, Mahadev App Promoters Planned Relocating Their Base To Zimbabwe 12. Deque Systems filed a lawsuit against BrowserStack in the US district court, citing a range of allegations such as copyright infringement, breach of contract, and false advertising 13. Indian housing finance company, Nivara Home Finance, has raised $10 million (around INR 83 cr.) from Baring Private Equity Partners India. 14. Paris-based startup Pigment has raised $145 million (around INR 1,203 cr.) in a Series D funding round led by existing investor Iconiq Growth 15. Aerospike, a NoSQL database provider, has raised $100 million (around INR 830 cr.) in a Series E funding round led by Sumeru Equity Partners, 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!