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Top News Of the Day: 1. Bengaluru-based jewellery marketplace Eternz has raised $1.15 million in a pre-seed funding round led by Kae Capital. 2. Indian luggage and travel accessories startup ICON has secured $1.2 million in seed funding, led by DSG Consumer Partners with participation from angel investors 3. Electric vehicle manufacturer Tesla has reportedly carried out a new round of layoffs, targeting employees in software, service, and engineering departments. 4. UK self-driving technology startup Wayve has secured $1.05bn in a funding round led by SoftBank Group, with participation from Nvidia and Microsoft. 5. Privateer, a space data startup founded by Steve Wozniak, has raised $56.5 million in funding and acquired Orbital Insight, an analytics firm specializing in mapping and intelligence services. 6. Digital payments platform PhonePe has continued to be the number one player in the unified payments interface (UPI) ecosystem with a market share of close to 49% in April 2024 across P2M (person to merchant) and P2P (person to person) transactions. 7. Fintech startup Lendingkart has raised $10 million in external commercial borrowing from Swiss impact investor BlueOrchard. 8. Select Brands, incubated at JITO Incubation and Innovation Foundation (JIIF), has secured Rs 6.5 crore in its Pre-Series A funding round led by Agra Gwalior Pathways and Airen Holdings. 9. Cornext, which is building a fodder ecosystem to support dairy cattle farmers, has raised $2.2 million in a seed round from Omnivore. 10. BharatRohan, an agtech firm focused in drone-based hyperspectral remote sensing, has raised $2.3 million in pre-IPO round from Villgro Innovation Foundation, Caspian, RevX, and Venture Garage. 11. Log analytical platform Parseable raises $2.75 million led by Peak XV’s Surge, NP-Hard Ventures 12. Reengineered tyre startup REGRIP has raised $2 million in a funding round co-led by SiriusOne Capital, Inflection Point Ventures, and LetsVenture. 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!