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.
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