Top News of the Day: 1. Semiconductor Major NXP To Invest $1 Bn In India To Expand R&D 2. Gurugram-based wealthtech startup Centricity has raised $20 million in seed funding, led by Lightspeed India Partners. 3. The Unified Payments Interface (UPI) in India is expected to gain a larger share of the debit card market due to new features such as cash withdrawals from ATMs 4. India's Competition Commission is set to issue a notice to Amazon for alleged violations of competition law. 5. Sales outreach platform Futwork has raised Rs 20.9 crore approximately $2.5 million in its Series A 6. Mamaearth shares tumble 5% after Rs 1,763 crore stake sale via block deal 7. Shares of Paytm's parent company, One97 Communications, rose by 2% as CEO Vijay Shekhar Sharma announced their intention to reapply for a payment aggregator license with the Reserve Bank of India (RBI). 8. CarDekho Group Ropes In Former Google Executive Sudarshan Sharma As CBO For New Auto Biz 9. Dhan, launched by former Paytm Money executive Pravin Jadhav, has entered the top 10 list of stockbroking apps in India 10. Biotech-driven R & D start-up Dharaksha Ecosolutions has raised Rs 24.8 crore (about $2.95 million) in a Seed funding round led by Avaana Capital. 11. Wundrsight, a digital therapeutics startup, has raised $400K in its seed round led by Inflection Point Ventures. 12. Game development studio GameEon has secured $1 million in its latest funding round co-led by SucSEED Indovation Fund 13. Moneyview Turns Unicorn After Raising $4.6 Mn From Accel India, Nexus Ventures 14. Vermeil jewelry brand Trisu has secured an undisclosed amount of investment in a pre-seed funding round co- led by All In Capital. 15. EaseMyTrip Unveils ScanMyTrip On ONDC To Expand Its Travel Offerings 16. Dharaksha gets Funding of INR 24.8 Cr From Avaana Capital 17. The case involving Byju's and its US lenders has been adjourned by the National Company Law Appellate Tribunal (NCLAT) until October 1. 18. Microsoft is cutting 650 jobs in its Xbox unit as part of ongoing cost-cutting measures and integration efforts following its acquisition of Activision Blizzard. 19. Meta unveils verified badge, new AI tools for WhatsApp Business 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.
Download the medial app to read full posts, comements and news.