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!
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