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Harsh Dwivedi
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Medial • 1y
Top News Of the Day: 1. Tesla plans to lay off 6,020 employees in Texas and California as part of its strategy to address slowing demand and falling margins. 2. Boba Bhai,a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. 3. Karban Envirotech, a startup that manufactures energy-efficient electronic appliances, has raised Rs 8.93 crore ($1.07 million) in a seed round led by Titan Capital, Rainmatter and All In Capital. 4. Omni-channel FMCG brand Adukale has raised Rs 11 crore (approximately $1.32 million) in its pre-Series A round led by Force Ventures, backed by marquee investors like Aanya Ventures, Subrata Mitra, Radhika Pandit among others. 5. Plane, an open-source project management platform, has secured $4 million in a Seed round funding from OSS Capital. 6. Mumbai-based content-to-commerce company, Good Glamm, has initiated arbitration proceedings against Indian Angel Network (IAN) 7. Allen Career Institute has reportedly laid off 60-70 employees from the sales department of its medical test preparation branch, Allen NExT. 8. Caller ID app Truecaller has spent $141 million on dividends and share buybacks over the past 18 months during a period of business slowdown. 9. Enterprise tech startup Clueso has secured $1.4 million in seed funding, led by f7 ventures and with participation from Y Combinator. 10. Lendingkart Hires Ex-Paytm Executive Mukund Barsagade As CFO 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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