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Harsh Dwivedi
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Medial • 1y
Top News Of the Day: 1. Ghost Kitchens India has announced the acquisition of Shy Tiger brands, a cloud kitchen company based out of Ahmedabad. 2. Leading contract manufacturer Dixon Technologies (India) will acquire a majority stake in Ismartu India, a firm engaged in electronics and mobile devices manufacturing, in an all-cash deal. 3. Bollywood actor Neha Dhupia has picked up an equity stake in D2C dinnerware brand BlackCarrot. 4. Troubled edtech startup BYJU’S on Monday (April 8) told its employees it has commenced the disbursement of their salaries for the month of March and expects it to be completed by April 18. 5. Bengaluru-based digital lender axio (formerly known as Capital Float) has raised $6 Mn (around INR 50 Cr.) debt from venture debt fund Alteria Capital. 6. Ride-hailing giants Ola and Uber have reportedly adopted a strategy similar to that of their competitors Namma Yatri and Rapido by offering subscription-based plans for auto-rickshaw drivers instead of their usual commission model. 7. Eversource Capital, a climate-focused investment firm, is securing funding from one of its existing limited partners for its smart metering platform in India. 8. Sprinto raises $20M (around INR 166 cr) to bring automation to security compliance management led by Accel. 9. Surinder Chawla, the managing director and CEO of Paytm Payments Bank, has resigned from his position citing personal reasons and better career prospects. 10. Zulu Defence Systems, a deeptech startup focused on defence systems, has secured $750,000 (around INR 6.4 cr.) in seed funding. 11. Global payment orchestration platform Paytring has raised an undisclosed amount in its first strategic pre-seed funding round led by global fintech company Unlimit. 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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