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Medial • 1y
Top News of the Day: 1. Chennai-based workflow automation software provider, Kissflow, has laid off around 11% of its employees as part of a company-wide restructuring. 2. Unacademy has promoted Sumit Jain, Co-founder and CEO of Graphy, to a partner role, which is considered equivalent to a co-founder. 3. Arthan Finance, a non-banking financial company in India that provides loans to self-employed micro-entrepreneurs, has secured Rs 50 crore ($6 million) in its Series B funding round. 4. Nokia CEO Pekka Lundmark showcased a new technology, immersive audio and video, that offers improved call quality with three-dimensional sound. 5. Paytm Layoffs-- Fitench hands pink slip to 3,500 employees 6. Direct to consumer personal care startup 82°E is set to mop up Rs 50 crore or $6 million in the extension of its seed round 7. Ixigo, the parent company of online travel platform Ixigo, has seen its initial public offering (IPO) oversubscribed by retail subscribers 2.22 times within hours of its launch. 8. At Apple's WWDC developers' conference, the company will focus on its AI strategy and potentially announce a partnership with OpenAI. 9. Ahmedabad-based ice cream brand Hocco raises Rs 100Cr at a valuation of Rs 600 crore 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.
Technology, Developm... • 1y
Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.
See MoreTrying to do better • 8m
Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la
See MoreBuilding WelBe| Entr... • 4m
Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh Agarwal Travel tech unicorn OYO estimates its profit after tax to touch Rs 1,100 crore in the next financial year 2025-26, according to projections shared by Founder Ritesh Agarwal with the c
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