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Harsh Dwivedi
•

Medial • 1y

Top News of the Day: 1. Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures. 2. FirstCry’s losses fall 34% to Rs 321 cr ahead of IPO 3. Fractal To File DRHP By Sep For $600 Mn IPO At $3 Bn Valuation 4. CarTrade revenue and profit slip in Q1 FY25; shuts down used car retail biz 5. BYJU’S Pays First Tranche Of INR 50 Cr To BCCI 6. Delhi Metro commuters can now Top-Up smart cards via WhatsApp chatbot 7. Zomato-backed ecommerce platform Shiprocket is expanding its services to enable ecommerce transactions for offline general trade. 8. Microsoft's slow cloud growth signals AI payoff will take longer 9. Nazara’s Nextwave Completes Acquisition Of Ultimate Teen Patti 10. Match Group, the parent company of Tinder, has announced plans to lay off 6% of its staff and discontinue live-streaming services on its dating apps 11. Intel plans to cut thousands of jobs to finance recovery 12. Nected raises $1.5 Mn led by Binny Bansal’s Three State Ventures 13. Gurgaon-based Unicommerce Esolutions has filed its red herring prospectus for an IPO, offering up to 25.6 million shares for sale. 14. The Good Glamm Group FY23: Reports INR 917 Cr Loss, Sales Jump To INR 603 Cr 15. FirstCry files RHP, IPO subscription opens on August 6 16. Freshworks cuts losses by 14% in Q2; eyes $713 Mn revenue in CY24 17. After US-Based Lenders’ Claims, NCLAT Postpones BYJU’S-BCCI Settlement 18. PhysicsWallah launches Rs 250 Cr Scholarship Fund for JEE/NEET aspirants 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.

4 Replies

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Harsh Singh

Founder @Luma Space • 1y

I have participated in Medial's Startup Showcase with my startup Idea "Luma Space" and would love to get your vote so that I can win. Please vote for me on this link- https://medial.app/idea/luma-space-e89f452fc02bc

Anonymous 1

Hey I am on Medial • 1y

What's fractal's business model

SHREYAS SHETTY

Trick or treat? • 1y

The good glamm group constitutes of brands like MyGlamm, the mom's co, and st. Botanica and I remember these guys keep selling their products for 1 rupee and run a shitload of ads. No wonder these are the numbers.

Account Deleted

Hey I am on Medial • 1y

Recently, they raised $100 Millions, I think!

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Harsh Dwivedi
•

Medial • 1y

Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi

3 Replies

gray man

I'm just a normal gu... • 10m

Ice cream brand Hocco has raised $10 Mn (INR 85.56 Cr) as a part of its $20 Mn (INR 171.28 Cr) Series B funding round. The round was co-led by Chona family office and Sauce.vc The company plans to use the fresh capital primarily to expand its produc

1 Reply

Harsh Dwivedi
•

Medial • 1y

Top News of the Day (8/10/2024) 1. Leegality turns profitable with 87% revenue growth in FY24 2. Magicpin becomes largest food delivery seller app on ONDC 3. Swiggy’s Sriharsha Majety gets $200-mn ESOP package before IPO 4. Pharmaceutical packagi

1 Reply

mg

mysterious guy • 10m

Byju’s app pulled from Google Play over payment disruptions. • Insolvency case continues • BCCI wants ₹158 Cr back • Founder calls for a pivot to “Byju’s 3.0” • Edtech once valued at $22B India’s biggest unicorn may be facing its final test.

2 Replies

Linkrcap Studio

A digital news platf... • 1m

At the upper end of the price band, the IPO values the company at about INR 15,480 Cr (about $1.7 Bn). Anchor bidding for the issue will take place on Friday (February 6), while the IPO will close on Wednesday (February 11). The company filed its r

Anonymous

Hey I am on Medial • 2y

So Byju’s lost Rs 13000 Crores in the last 6 years and Rs. 8000 Cr from that was in ADS! How did their investstors allow this?

10 Replies

Harsh Dwivedi
•

Medial • 1y

Top News of the Week 1. Funding - Enterprisetech unicorn Zetwork raised $70 Mn this week, closing the year with $90 Mn in fresh capital. The IPO-bound startup bagged fresh funds from Indigo cofounder Rakesh Gangwal, Khosla Ventures, Greenoaks, Aven

Harsh Dwivedi
•

Medial • 2y

Top news of the day- 1. Yulu raised Rs. 160 Cr. 2. Trust Fintech raised Rs. 5.42 Cr. 3. Indic Wisdom raised Rs. 4 Cr from Inflection Point Ventures. 4. FOIP raises Rs. 23 Cr. 5. Auxilo raised Rs. 50 Cr ($6M). 6. Vice fired hundreds of employees. 7

5 Replies

Harsh Dwivedi
•

Medial • 1y

Top News of Today (12th August 2024): 1) Wealth-tech startup Centricity to raise Rs. 125 Cr ($15 mn) at Rs. 800 Cr ($100 mn) valuation. 2) MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25. 3) Payment gateway and PoS firm Innoviti closes Series E fundi

3 Replies

Harsh Dwivedi
•

Medial • 2y

Top news of the day- 1. Astrotalk raised Rs. 160 Cr ($20M). 2. Amber raised Rs. 168 Cr ($21M). 3. Byju’s FY23 revenue is Rs. 6509 Cr. 4. Navi is seeking to raise Rs. 600 Cr. 5. D2C food brand Yu raised Rs. 20 6. EV manufacturer Corrit raises Rs. 5

5 Replies