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Harsh Dwivedi
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Medial • 8m
Top News Of the Day: 1. Consumer lending app RING has raised Rs 100 crore in venture debt from Trifecta Capital. With this, the Mumbai-based company has marked its first fundraise in 2024. 2. Rivos, a chip startup, has raised $250 million in funding to manufacture its first server chip for A 3. Indian gaming startup, LightFury Games, has raised $8.5 million in seed funding led by Blume Ventures 4. French tech startup Mistral AI is reportedly in talks with investors to raise several hundred million dollars at a valuation of $5 billion 5. Kolkata-based QSR chain Wow! Momo has raised INR 70 Cr ($8.3 Mn) from investment firm Z3Partners. 6. HRtech startup Rippling is reportedly raising $200 million in its Series F round at a $13.4B valuation, up from $11.25B 7. NPCI executives will meet with companies like CRED, Flipkart, Fampay, and Amazon to discuss initiatives to boost UPI transactions on their apps, to curb PhonePe and Google's dominance in mobile payments. 8. Jio Financial Services and US-based BlackRock have formed a joint venture to launch wealth management and broking businesses in India. 9. Multi-gaming platform Circle of Games (COG) has secured $1 million in equity funding from investors Nazara Technologies FZ LLC and The Hashgraph Association. 10. Third Wave Coffee, the quick-service restaurant chain operated by Heisetasse Beverages Pvt. Ltd, has appointed Rajat Luthra as its new CEO 11. Fintech company KreditBee is shifting its domicile to India from Singapore 12. Delhi-based proptech startup Square Yards is in discussions with investors to raise around $100-120 million in a pre-IPO funding round. 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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