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Harsh Dwivedi
•

Medial • 8m

Top News of the Day: 1. B2B procurement marketplace ProcMart has raised $30 million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. 2. Fintech startup BharatPe has promoted Nalin Negi to the role of chief executive. 3. Berlin-based embedded fintech startup finmid has secured €23m ($24.7m) in a Series A funding round. 4. Logistics intelligence platform, ClickPost, has secured $6 million in funding led by Inflexor Ventures partners and Athera Venture Partners. 5. Aye Finance, a non-banking finance company (NBFC) in India, is poised to raise $30 million in new funding from a foreign institution that has previously supported the company 6. InMobi’s Glance records 77% growth in FY23; losses cross Rs 1,000 Cr 7. Microsoft is reportedly investing $1.5 billion in G42, an artificial intelligence company based in the United Arab Emirates. 8. Indian bamboo products maker Amwoodo has raised $1 million in funding from Rainmatter, a venture fund backed by Zerodha. 9. Meesho Eyes Larger $500 Mn-$650 Mn Round At Lower Valuation 10. Medulance, an emergency healthcare services provider in India, has raised $3 million in a Series A funding round. 11. PlanckDOT, a technology startup specializing in edge data centers, has raised $350,000 in its bridge round at a valuation of $30 million. 12. Delhi-based leg care brand Varco Leg Care has raised $500,000 (over Rs 4.5 crore) in Seed funding round led by Sunicon Maiden Fund, an early-stage venture fund curated by Sunicon Ventures. 13. Tesla is laying off more than 10% of its global workforce, affecting over 14,000 employees 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!

6 replies44 likes

Replies (6)

Vaibhav Babruwan Shingde

Stealth • 8m

I recently read that Meesho's downround because Peak XV Partners,Tiger Global are leading this round and Softbank also. In talk with Accel also early backer for Flipkart. • But I don't know the reason, they are devalue the valuation from $ 4.9 Billion to 3.9 Billion maybe because of Recession or if lot of VC's come then they decrease the valuation 🤔💭.

0 replies5 likes

Vaibhav Babruwan Shingde

Stealth • 8m

Now it's trend of laying off 📴.🤔

2 replies4 likes

Anonymous 1

Stealth • 8m

The truth about this tesla layoff is that these 10,000 US pay-scale jobs will now be invested in 50,000 Indian-Pay scaled employees. 😂

1 replies4 likes

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