Top News of the Day:
1. RecommerceX raises $3.6 million in round led by Accel, Kae Capital
2. Coworking Space Provider IndiQube In Talks With Bankers For INR 1,500 Cr IPO
3. Rapido rolls into unicorn club with $200 million raise at $1.1 billion va
Top News of the Day:
1. Insurtech startup Finsall has raised Rs 15 crore in bridge funding to establish a non-banking finance company for scaling lending operations
2. The CEO of EdTech company Physics Wallah, Alakh Pandey, has filed a plea in the
Top news of the day-
1. Union Cabinet approves Rs 10,372-crore India AI mission
2. Venture Studio NOW Earmarks $2 Mn To Scale Up Indian Deeptech-Led Climate Tech Startups
3. Animesh Das Replaces Sanjeev Srinivasan As Acko General Insurance CEO
4.
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Harsh Dwivedi
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Medial • 6m
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
Top News Of the Day:
1. Consumer lending app RING has raised Rs 100 crore in venture debt from Trifecta Capital. With this, the Mumbai-based company has marked its first fundraise in 2024.
2. Rivos, a chip startup, has raised $250 million in fundi
Top News of the Week:
1. Fundings:
- Indian startups raised a total of $316.4 million in funding across 23 deals in the first week of May, a significant increase from the previous week's $172.6 million raised across 21 deals.
- Digital pharmacy Ph
Top News of the Day:
1. Global brokerage Macquarie said IPO-bound Swiggy seems to be 4-6 quarters behind Zomato. Swiggy's gross order value is around 26.5% lower than Zomato's.
2. Aditya Birla Digital Fashion Ventures has acquired a higher stake in
Top News of the Day:
1. Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures.
2. FirstCry’s losses fall 34% to Rs 321 cr ahead of IPO
3. Fractal To File DRHP By Sep For $600 Mn IPO At
Top News of the Day:
1. Waycool, the Chennai-based agriculture supply chain firm, has raised Rs 100 crore (about $12 million) in debt financing from Grand Anicut.
2. Unified Payments Interface (UPI) has achieved a significant milestone by processin
Top News of the Day:
1. Convin secures $6.5 million in funding for expansion plan
2. BigBasket, India's largest e-grocer, plans to transition into a full-scale quick commerce platform to meet the rising demand for rapid deliveries.
3. Apple has a