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2024-03-27T15:45:24.725Z

Top News Of the Day: 1. Fintech lending startup, Aye Finance, has raised a debt funding of INR 137 crore (around $16.6 million) from Germany-based Invest in Visions 2. Elevate Foods, a startup focused on supporting Indian farm-gate processors in accessing global markets, has raised $525,000 (around 4.5 Cr.) in a pre-seed funding round. 3. Confetti, a team-building platform used by Apple, Google and Microsoft, raises $16Mn (around INR 132.8 Cr.) 4. Tech-enabled grocery retail chain SuperK has raised INR 31 cr. approximately ($3.7 million) in its Series A round led by Catalyst Trusteeship Limited (Blume Venture). 5. Fashion e-commerce platform Myntra announced that it achieved operational profitability in Q4 of 2023 6. Cybersecurity startup TAC Security, also known as TAC Infosec, has raised INR 8.55 crore through an anchor book issue ahead of its upcoming initial public offering (IPO). 7. Zomato Backed AdOnMo Mops Up INR 58 Cr (around $7 million) funding for Business Expansion 8. Qoala has secured $47 million (around INR 390 Cr.) in a new round co-led by PayPal Ventures and MassMutual Ventures 9. Chiratae Ventures gets $70 million (around INR 583 Cr.) via portfolio sale as VCs eye exits 10. Observe, the data observability platform, raises $115M (around INR 954 Cr.) with Snowflake investing 11. Indian whiskey brand, Woodsmen Mountain Whiskey, has raised $1.5 million (around INR 12.5 Cr.) in a Series A funding round led by FinFirst Group and Anthill Ventures. 12. Indian social media platform ShareChat has raised $48.8m(around INR 405.04 Cr.) in convertible debentures from existing investors including Temasek and Tencent. 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! New Features Coming Soon. Complete/Update Your Profiles!

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