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Top News of the Day: 1. Kaatil, an Indian-chilli-focused hot condiments brand of Smerc Food & Beverages, has raised an undisclosed amount in its seed round led by Mumbai-based Prajay Advisors 2. Mumbai-based medtech startup Qure.ai is planning to raise $50-60 million in a funding round led by Lightspeed. 3. Ola Electric, the Bengaluru-based electric vehicle (EV) manufacturer, is projected to reach EBITDA breakeven by the fiscal year ending March 2027 4.Tupperware Brands is reportedly preparing to file for bankruptcy as soon as this week, according to sources familiar with the plans. 5. D2C Health Foods Brand Alpino Ropes In Shilpa Shetty As Investor 6. Rapido has formed partnerships with OEMs and fleet operators, including Zypp Electric and Gogoro, to support the Delhi government's objective of electrifying all bike taxis by 2030. 7. Online travel aggregator (OTA) platform EaseMyTrip has acquired a 30% stake in Rollins International and a 49% stake in Pflege Home Healthcare to enter the medical tourism market. 8. Hyperlocal news platform Way2News has raised $14 million in its Series B round led by WestBridge Capital, with participation from venture capitalist Sashi Reddi. 9. PhonePe has captured over 50% of the market share in UPI transaction volume as of August, according to data from the National Payments Corporation of India (NPCI). 10. Food delivery platform Swiggy has launched a career growth initiative called "Project Next" for its delivery partners. 11. Omnichannel diagnostics service provider Redcliffe Labs has raised $42 million in a Series C funding round led by Denmark-based investment firm IFU 12. ONDC Slashes Network Partner Incentives By More Than 80% Ahead Of The Festive Season 13. Koo cofounder Mayank Bidawatka announces new venture Billion Hearts Software 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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San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creatorsโ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi
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Medialย โขย 1y
Top News Of the Day: 1. Bengaluru-based jewellery marketplace Eternz has raised $1.15 million in a pre-seed funding round led by Kae Capital. 2. Indian luggage and travel accessories startup ICON has secured $1.2 million in seed funding, led by D
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Medialย โขย 1y
Top News of the Day: 1. Bengaluru-based agritech startup Fyllo has raised $4 million in a funding round led by investors India Quotient and SIDBI Ventures. 2. MediBuddy To Raise $8.4 Mn Debt Funding To Fuel Expansion Plans 3. Cloud kitchen company
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Medialย โขย 2y
Top News Of the Day: 1. Climate tech startup Sprih raises $3 million (24Cr.) in funding round led by Leo Capital 2. Bengaluru-based startup Vobble, a kids' audio content platform, has raised $1mn (8Cr.) in a seed funding round led by Lumikai. 3.
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Medialย โขย 1y
Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the companyโs founder and CEO, Rohit Choudhary. The round also saw participation from Elevation
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Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture
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