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Harsh Dwivedi
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Medial • 8m
Top News Of the Day: 1. Filter Capital closes maiden fund at Rs 800 Cr. 2. Amid the ongoing Indian Premier League (IPL), illegal sports betting platforms like Parimatch, Betway, 1XBet, Betfair, Crickex, Fairplay and Lotus365 have intensified their operations in India. 3. US asset manager Baron Capital Group has increased the fair value of Indian food-delivery app Swiggy, boosting its valuation by 13% to $12.16bn in anticipation of its upcoming IPO. 4. Avendus, the leading investment bank for venture deals in India, is seeking to raise approximately $300 million (around INR 2,490 cr.) for its private equity division. 5. Livspace, a home and interior platform, is reportedly seeking $20-25 million (around INR 166-208 cr.) in funding from private equity firm KKR in an internal "down" round. 6. Big data breach: 7.5 million (around 75 lakh) BoAt Lifestyle customers' data surfaced on dark web 7. Aakash Educational Services Limited (AESL), owned by troubled edtech company Byju’s, has appointed Deepak Mehrotra as its managing director and chief executive officer. 8. Sandeep Indurkar will now step up as the CEO of the payments vertical at BharatPe 9. Ather launches new family e-scooter ‘Rizta’, backs subsidies 10. Space startup Agnikul delays maiden rocket launch again 11. Online credit platform MoneyView posts INR 577 Cr revenue in FY23; profit spikes 27X 12. PlatinumRx, a Bengaluru-based healthcare startup, has raised $800,000 (around INR 6.6 cr.) in a seed round from India Quotient, with participation from several prominent angel investors. 13. Non-banking financial company (NBFC) Vivriti Capital has provided polymer procurement tech company Source.One with supply chain liquidity of INR 40 crore (around $4.8mn) 14. MakeMyTrip is now available in 150 countries, including major travel markets like the UK, Germany, Japan, Italy, and France for travel bookings, said a statement by the company. 15. Deeptech startup Planys Technologies has raised INR 43 crore (around $5.1mn) in equity investment from Hungama Digital Media Entertainment Pvt Ltd Co-founder Ashish Kacholia. 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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