Top News Of the Day: 1. Cross-border payments platform BriskPe raises $5 million seed funding from PayU 2. Home healthcare solution provider Portea Medical has raised around $20 million via rights issue. 3. Tesla CEO Elon Musk expressed his admiration for China during a surprise visit to Beijing. 4. Ahmedabad-based startup Reelo has secured $1 million in funding from angel investor Gokul Rajaram. 5. The Indian government has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their platforms to help the network scale up operations and address any delays. 6. Thyrocare founder Arokiaswamy Velumani has partnered with Young Entrepreneurs Association (YEA) and Magnifiq Capital Trust to invest up to INR 50 Cr in Indian startups 7. Microsoft-backed startup OpenAI is facing a privacy complaint from advocacy group NOYB for not correcting incorrect information provided by its AI chatbot, ChatGPT, which may be in violation of EU privacy rules. 8. In a significant move, Google has reportedly dismissed its entire Python team in an effort to reduce costs by hiring cheaper labor outside the United States. 9. Homegrown investment firm Oister Global has launched a fund, Oister India Pinnacle Fund (OIPF), worth INR 440 crore (approximately $59 million), to invest in early-stage, growth-stage, and late-stage venture capital and private equity funds. 10. Assert AI, a computer vision SAAS company, has raised Rs 30 crore ($4 million) in a funding round led by prominent investors including Ramesh Hariharan (ex-CTO and co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (integrated grain commerce platform), and select individuals. 11. Hemant Bakshi has resigned as the CEO of ANI Technologies, which is the parent company of Ola Cabs just within 4 months, Bhavesh takes charge. 12. Short video and live streaming platform Chingari has launched Chingari Game Zone, marking its foray into the Web3 gaming space. 13. The ride-hailing firm OLA (ANI Technologies) is planning a restructuring that will result in around 200 job cuts, Pre-IPO. (Source: Economic Times) 14. Kiranatech platform 1K (formerly 1K Kirana Bazaar) secured Rs 32 crore or $4 million in its extended Series B round (bridge round) from existing investors in July last year at a 60% haircut in valuation. 15. Bengaluru-based fintech startup Fi has been granted a non-banking financial company (NBFC) licence by the Reserve Bank of India 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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