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2024-10-22T12:31:57.346Z

Top News of the Day: 1. Surge, the early-stage startup program by Peak XV, has selected 14 startups for its tenth cohort in fields such as AI, financial services, consumer sectors, and healthcare.. 2. VC firm promotes principals Vaas Bhaskar and Chirag Chadha to partner positions. 3. Neysa, is set to utilize its recent funding to bolster its AI infrastructure, research and prepare for the launch of its GenAI acceleration cloud service. 4. CoinSwitch Alleges WazirX Moved Crypto Worth $73 Mn Post Data Breach 5. Paytm posts first-ever profit helped by ticketing biz sale to Zomato; revenue down 34% YoY 6. Zepto to shift domicile back to India, initiates process with NCLT 7. Bengaluru-based logistics startup Porter plans to double its presence in India to nearly 40 cities over the next 3-4 years. 8. HSBC Holdings has appointed Pam Kaur as its first female CFO, making her the new chief financial officer of the company. 10. Glance and Swiggy Instamart have teamed up to offer a one-tap purchase feature on Glance's smart lock screens, allowing consumer packaged goods (CPG) brands to reach over 230 million active users 11. Former CFO of OYO, Abhishek Gupta, has recently joined Lenskart as the new CFO. 12. Zouk, an Indian startup, has raised $10 million in a Series B funding round led by Aavishkaar Capital. 13. Paytm reports an 11% QoQ revenue increase to ₹1,660 crore 14. Zomato's quick commerce platform Blinkit experienced a decline in margins during the July-September quarter due to increased investment in infrastructure expansion 15. Food delivery firm Zomato plans to raise Rs 8,500 crore through a qualified institutional placement. 16. OYO founder Ritesh Agarwal recently introduced Oravel Travel Solutions, the company's B2B product, which aims to provide seamless corporate travel and event planning. 17. Leadsquared's losses edge up to Rs 162.2 Cr in FY24; revenue up 9% 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.

Shopper S

Stealth • 2m

Big Tech wants AI to be regulated. Views?

6 replies11 likes

Replies (6)

Himakshi Joshi

Stealth • 1m

Yes

0 replies

Anonymous 3

Stealth • 2m

Need of the hour

0 replies1 like

MUSHEER AN

Stealth • 2m

...

0 replies

Aman Gupta

Stealth • 2m

Regulated for small tech, fair enough

0 replies2 likes

Anonymous 2

Stealth • 2m

Fair enough

0 replies

Anonymous 1

Stealth • 2m

Should be, AI is indeed revolutionary but it should be controlled before massive misuse happens like in the case of Deepfakes, morphs, disruption of E-KYC etc.

0 replies1 like

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