Top News of the Day: 1. Chennai-based fintech unicorn Yubi Group has made several key appointments within its group companies 2. EV Startup Matter raises $35 million in ongoing Series B round 3. SoftBank-backed Indian e-scooter maker, Ola Electric, is expected to value the company at $4.5 billion for its upcoming initial public offering (IPO). 4. Online B2B travel distribution platform Travel Boutique Online Tek adds fresh ESOPs worth Rs 44 Cr 5. Fintech startup TechFini gets NPCI nod to operate as UPI provider 6. Delhivery has appointed Prashant Gazipur as its senior vice president for last-mile operations. 7. Healthcare finance startup Icanheal raises Rs 15 crore funding from IvyCap Ventures 8. Federation of Indian Fantasy Sports Ropes In Former CII Executive As CEO 9. The Centre is working on the FAME-III scheme to promote electric vehicle adoption in India, according to HD Kumaraswamy. 10. Food delivery giants Swiggy, BigBasket, and Zomato are reportedly considering adding low-alcohol drinks such as beer, wine, and liqueurs to their delivery services. 11. Byju’s, once the highest valued Indian startup, is set to face insolvency resolution process at the National Company Law Tribunal (NCLT) following a plea filed by the BCCI 12. Crisis-Hit BYJU’S Locked Out Of Over 100 Tuition Centres Over Unpaid Rent 13. Simplilearn’s Chief Product Officer Anand Narayanan Steps Down After 8 Years 14. Tech billionaire Elon Musk announced that his platform X, formerly known as Twitter, achieved a new usage record. 15. Retail tech small format grocery chain Frendy has raised Rs 2 crore or about $239K in a debt round led by UC Inclusive Credit. 16. Bengaluru-based ride-hailing app Namma Yatri has raised $11 million in a funding round led by Blume Ventures and Antler 17. Paytm-parent One97 Communications received an administrative warning from market regulator SEBI with respect to related party transactions entered by it with Paytm Payments Bank Limited 18. PayPal fined $27.3 mn in Poland for ambiguous clauses in contracts 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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