Top News of the Day: 1. SC to hear Glas Trust's plea over insolvency proceedings against Byju's on September 17 2. Purplle hits Rs 700 Cr revenue in FY24, trims losses by 46% 3. MSMEs-focused fintech lender FlexiLoans has raised Rs 290 crore approximately $35 million in its series C round 4. FMCG direct-to-consumer startup Mitra has raised Rs 11 crore in its pre-Series A round led by Bestvantage Investments 5. Zivy, an AI tool for prioritizing workplace messages and tasks, has raised $1.2 million in a pre-seed funding round co-led by Blume Ventures 6. Consumer lending and payments startup Slice is set to raise Rs 300 crore or nearly $36 million via convertible debt co-led by Taneja Family Trust 7. Aditya Birla Finance accuses Byju’s insolvency professional of fraud in creditor classification 8. Ola Electric, the subsidiary of Ola, is aiming to create a vertically integrated EV stack. 9. Nazara has acquired a 15.86% stake in Stan, a blockchain-based e-sports fan engagement startup, for an aggregate cash consideration of up to $2.2 million. 10. Samsung Electronics to trim 9-10% workforce in India, as consumer demand weakens. 11. OpenAI’s new AI model ‘Strawberry’ for ChatGPT to launch in two weeks 12. InMobi, which offers mobile advertising network software, has secured $100 million in debt financing from MARS Growth Capital 13. Uber has announced the launch of Uber Black in Mumbai, marking the return of its premium service in India. 14. Honda India To Launch Maiden Electric Scooter By March 2025 15. Google, Meta, Microsoft, other tech executives to testify before US Senate about election threats 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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