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Harsh Dwivedi
•

Medial • 11m

Top News of the Day: 1. Baron Funds hikes Pine Labs valuation to $5.8 billion, Invesco marks it up to $4.8 billion 2. UK legaltech startup Lawhive has raised £9.5m ($11.9m) in a seed round to expand its AI-driven services for small law firms. 3. Bengaluru-based aerospace components manufacturer JJG Aero has raised $12 million in its first funding round from private equity fund CX Partners. 4. ShareChat closed $49m in debt financing through convertible debentures from existing investors, valuation drops to under $2 billion post new funding. 5. Startup TraqCheck has raised an undisclosed amount of funding from Caret Capital and Culture Cap to further develop its AI-based employee background verification platform. 6. BYJU’S Gets Shareholders’ Approval For $200 Mn Rights Issue 7. Byju’s India CEO Arjun Mohan resigns as edtech firm splits biz into three divisions 8. Education-focused non-banking financial company (NBFC) Varthana has raised $10 million in funding from global impact investor BlueOrchard Finance. 9. Cricketer Mahendra Singh Dhoni has made an investment in electric cycles maker EMotorad. 10. Bengaluru-based electric vehicle manufacturer Bounce Infinity is seeking to raise a funding round of $20 million to $40 million. 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!

7 replies34 likes

Replies (7)

Havish Gupta

Figuring Out • 11m

Byjus raised 200mil few months ago, and now again raising 200 mil in debt. Delaying salaries, not making any aquisition, didn't did any ads in this period. What Happened with those funds and what is happening with Byjus

1 replies2 likes

Vaibhav Babruwan Shingde

Student • 11m

Yeah, I had seen one Ad of EMotorad with Mahendra Singh Dhoni , it's a great Move . Now Celebrities are also investing and becoming brand ambassadors for the startups , just like Virat Kohli Sir for MPL.

1 replies

Vaibhav Babruwan Shingde

Student • 11m

I noticed one trend is that many startups are raising funds through Debt Financing such as OLA Electric, Sharechat , Flipkart because there is an economic downturn, due to this Venture Capital Firms don't want to take risks on startups . That's it.

0 replies3 likes

ReepinderGoyal

Hungry? DM me • 11m

What did that byjus ceo exactly do now?

0 replies

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