Top News of the Day: 1. DealShare, a social-commerce company selling groceries, has appointed Ashish Shah as CFO. Shah, formerly with Zepto, joins amidst a $665M funding round 2. Venture capital firm Peak XV Partners, with a significant investment of about Rs 16,000 crores, is actively looking to invest in AI startups. 3. Delhi NCR snack brand, Let's Try, has received an undisclosed amount of funding from Wipro Consumer Care - Ventures 4. Indian food delivery platform Zomato has suspended its hyperlocal goods delivery service, Xtreme, due to low demand. 5. Social media giant Meta has announced that its platform, Threads, has achieved over 175 million monthly active users globally, with India being one of the most active countries. 6. Lobb, a digital freight brokerage platform, raised $2.9 million from investors including Rajesh Voddiraju, others 7. Nextwave Multimedia has acquired the intellectual property rights for "UTP - Ultimate Teen Patti" from Nazara. 8. The BSE has fined DroneAcharya INR 5,900 for the delay in submitting their financial results for FY24 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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