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Harsh Dwivedi
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Medial • 4m
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.
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