Top News of the Day: 1. Rahul Chaudhary, who joined venture capital fund Matrix Partners India in February last year, has quit the firm to start his new venture. 2. Paytm, the Indian fintech pioneer, reported its first-ever sales decline and warned of job cuts and the trimming of non-core assets. 3. SuperKalam, an AI-led personal mentor for students preparing for competitive exams, has raised $2 million in its seed round led by Y Combinator and Fundersclub. 4. Bengaluru-based startup NoPo Nanotechnologies has secured $3 million in its pre-Series A co-led by deep tech funds Axilor’s Micelio Fund and Inflexor Ventures 5. Farcaster, a decentralized social network, has secured $150 million in funding, putting its valuation at $1 billion 6. Captain Fresh, a B2B fish and seafood supply chain company, has announced the appointment of Mathew George as its Group chief financial officer (CFO). 7. Figma is allowing employees and early investors to sell up to $900 million in shares through a secondary offering. 8. Nikhil Kamath, the co-founder of Zerodha, has made an undisclosed investment in talent management agency Collective Artists Network (CAN). 9. Software-as-a-service (SaaS) startup UnifyApps has raised $11 million in seed funding to expand its platform that uses AI to connect disjointed SaaS applications. 10. Oyo Hotels and Homes has withdrawn its draft prospectus for an initial public offering (IPO) in India and opted for a Private Round at a 70% Valuation cut. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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