🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

2024-04-02T15:31:37.541Z

Top News Of the Day: 1. Hair care products company Traya has secured Rs 75 crore (around $13Mn) in funding from Xponentia Capital. 2. Bengaluru-based spacetech startup, SatSure, has raised an undisclosed amount in a Series A funding round co-led by Baring Private Equity Partners (India) and Promus Ventures. 3. Jaipur-based non-banking financial company (NBFC), Namdev Finvest, has raised $19 million (around INR 157.7 cr.) in a pre-Series C funding round led by Danish asset management company Maj Invest. 4. Indian quick-commerce player Zepto is reportedly in talks to raise a minimum of $300 million (around INR 2,490 cr.) from global investors to double its valuation at around $3-3.5bn USD. 5. OpenAI drops login requirements for ChatGPT’s free version 6. Zomato gets service tax demand and penalty order of Rs 184 Cr 7. Online cricket gaming startup Hitwicket has secured an undisclosed amount of strategic investment from Indian cricket commentator Harsha Bhogle in their on going $3mn round (around INR 24 cr.) 8. Construction and home improvement platform Wify has raised Rs 17.5 crore or $2.1 million in its pre-series A round led by Capria Ventures. 9. Zomato-backed Magicpin's co-founder Brij Bhushan quits 10. Byju’s lays off about 500 staffers, nearly half from tuition centre business 11. Riversys Technologies Pvt Ltd, which runs cybersecurity-focused software-as-a-service (SaaS) startup Scrut Automation, has raised $10 million (Rs 83 crore) in a strategic funding round from existing investors. 12. Luggage maker Assembly has raised $2.1 million (Rs 17.5 crore) in a funding round led by consumer startup-focused early-stage investor Prath Ventures. 13. Cold-pressed juice chain The Fresh Press has raised an undisclosed amount in a pre-Series A funding round from Gruhas Collective Consumer Fund (GCCF). 14. ONDC rails infrastructure company Plotch.ai has raised an undisclosed amount in a seed funding round from early-stage investors Venture Catalysts and AC Ventures. 15. D2C brand A47.in has raised an undisclosed amount from Aditya Pittie. 16. New-age travel and lifestyle brand Assembly has secured $2.1 million, (around INR 17.43 cr.) a funding round spearheaded by Prath Ventures. 17. Bombay Shaving Company secures $3Mn (around INR 24.9 cr.) in debt funding from Alteria Capital. 18. Fintech SaaS Startup Lentra Lays Off 70-80 Employees To ‘Optimise Operations’ 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!

Udyamee

Stealth • 6m

Phonepe was acquired by Flipkart in 2016. Later In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart. So, why need another UPI app?

https://medial.app/news/flipkart-launches-upi-app-supermoney-to-offer-financial-services-ea54064ef7734

Ronak Patel

Stealth • 6m

They are play that fmcg game ig where one parent company owns 4-5 brands of soap

Udyamee

Stealth • 6m

In the FMCG case, same company often has many brands, but they target different classes of people. So, I think it's not the same situation.

Ronak Patel

Stealth • 6m

Agree with that point

0 replies1 like

Recommendations from Medial

Inactive

Stealth • 3m

18 Mistakes that kill a startup! Agree with this list ?

0 replies3 likes

Nirnay Rana

Stealth • 4m

What is a truth that very few people agree with you upon?

3 replies4 likes

Inactive

Stealth • 7m

Effective Leadership is rare, leadership is hard Agree ? which point you liked the most ? VISUAL by Dev

3 replies6 likes

Havish Gupta

Stealth • 10m

How many of you agree with it?

4 replies8 likes

Manveer Singh

Stealth • 8m

How many of you agree we sometimes tend to share with someone we met on Instagram than irl just because we won't have to interact with that person irl so it makes it more comfortable??? How many of u agree

1 replies2 likes

Ranjith K Chinnusamy

Stealth • 2m

1 in 5 Maternal deaths happens in India due to lack of proper pregnancy consulting. do u agree with that? @everyone

1 replies4 likes

Sairaj Kadam

Stealth • 4m

"Success is not final, failure is not fatal: It is the courage to continue that counts." — Winston Churchill Do you agree with this?

3 replies2 likes

Its V

Stealth • 3m

Note: Please take this lightly. It's just a thought. """ I've read somewhere that in the world full of insane people only the most sane personal would be called insane. I agree with this quote. This is how our psychology works, it is how it's design

0 replies2 likes