Top News of the Day: 1. Foxconn is reportedly considering assembling Apple's iPad in India, expanding its operations beyond iPhone production. 2. Dunzo has only paid half its dues, approaching close to insolvency. 3. According to CrowdStrike's CEO, George Kurtz, more than 97% of Windows sensors are now back online after a software update caused a global outage 4. SpaceX’s Falcon 9 cleared for return to flight by FAA after July 11 mid-flight failure 5. Agritech firm Waycool lays off more than 200 employees 6. Mayhem Studios, a mobile game development studio by MPL (Mobile Premier League), has secured an undisclosed amount of investment from Lumikai. 7. Leap Finance in talks to raise $100 Mn; seeks over $1 Bn valuation 8. US cryptocurrency exchange Coinbase has announced the addition of three new members to its board of directors 9. Ather Energy’s net loss widens 22.5% to ₹1,060 cr in FY24 10. Go Digit’s revenue falls in Q1 FY25 but profit spikes 90% 11. Dunzo In Insolvency Soup Again As Another Creditor Files IBC Application 12. The Telangana Gig and Platform Workers Union criticised Swiggy on social media for making delivery agents pay for Swiggy kits 13. Google partners with ElectricPe to bring EV charging stations to Google Maps in India 14. Zomato Rolls Out Loyalty Programme For Restaurant Partners 15. Education-focused non banking financial corporation (NBFC) Auxilo recently announced its Rs 279 crore or $33.6 million equity funding in LeapFrog through its investment vehicle Jade Inclusion Ltd. 16. Ex-Paytm Money CEO’s Raise Fintech Turns Profitable In FY23, Posts PAT Of INR 7.16 Cr 17. Apple To Start Manufacturing iPhone 16 Pro, Pro Max Models In India This Year 18. Startup funding plummets 80% YoY to $58.3 million this week 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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