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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.

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Vaibhav Babruwan Shingde

Stealth • 7m

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 🤔💭.

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