Top News Of the Day: 1. Indian food delivery startup Swiggy is planning to raise $1.25 billion in an upcoming initial public offering (IPO). 2. Healthcare and insurtech firm Flashaid has raised $2.5 million in its pre-Series A funding round led by Piper Serica Angel Fund and global venture capital firm SOSV. 3. Chennai-based non-banking lender Northern Arc has raised $80 million from the International Finance Corporation (IFC) in equal halves of equity and debt. 4. Indian microblogging app Koo has reportedly stopped paying salaries to its employees due to financial constraints. 5. Healthtech startup Endimension Technology has also secured $719,529 in a pre-Series A funding round. 6. Singapore state investment firm Temasek and US-based Fidelity are in final discussions to infuse around $200 Mn into Lenskart through a secondary share sale, valuing the omnichannel eyewear unicorn at around $5 Bn. 7. Control One AI, an AI-first robotics startup, has raised $350K from a group of investors in the United States and India such as Kunal Shah, amongst others. 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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