Top News of the Day: 1. RecommerceX raises $3.6 million in round led by Accel, Kae Capital 2. Coworking Space Provider IndiQube In Talks With Bankers For INR 1,500 Cr IPO 3. Rapido rolls into unicorn club with $200 million raise at $1.1 billion valuation 4. X lost millions of active users after being banned in Brazil 5. Zomato shares rally 8% as JPMorgan hikes target price to Rs 340 6. Mayhem at Arthmate after Vihaan Kumar’s arrest: COO Renu Satti resigns, employees exodus, and more 7. Customer support solutions provider LiaPlus AI has raised Rs 2 crore in a Seed round led by Inflection Point Ventures along with participation from Chandigarh Angel Network and Growth91. 8. BigBasket To Merge BBdaily Into Main App Amid Quick Commerce Boom 9. EV manufacturer Ola Electric is all set to launch its electric three-wheeler (e-rickshaw) later this year. 10. Indian food technology major Swiggy is aiming for a valuation of $15-17 billion, based on the revenue multiples of its competitor Zomato. 11. BigBasket B2C unit posts 6% growth in FY24 revenue, cuts losses by 17% 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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