Top News of the Day: 1. Zomato-Backed AdOnMo Raises $25 Mn To Expand Presence To 40 Indian Cities 2. Flipkart posts ad showing husbands as 'lazy, stupid'; deletes video after criticism 3. Food and grocery delivery disruptor Swiggy is gaining endorsements from celebrities such as Rahul Dravid, Karan Johar, and Ashish Chowdhry through the unlisted market ahead of its IPO. 4. B2B SaaS startup Atomicwork has raised an additional $3 million in its seed round from Abhinav Dhar, ex-CIO of TransUnion, Prasad Ramakrishnan 5. Proptech startup Flent has raised Rs 6.5 crore in its pre-seed round led by WEH Ventures, with participation from US-based 2 AM Ventures, Pareto Holdings, and a group of angel investors 6. ED has apprehended four individuals who were involved in a fraud scheme through the online gaming app 'Fiewin'. 7. Stock broking platform Zerodha has reported more than Rs 8,000 crore in revenue and over Rs 4,500 crore in profit, according to a blog post by the company’s co-founder and CEO, Nithin Kamath 8. Biotech startup Ahammune Biosciences has raised $5 million in Series A funding round led by pi Ventures. 9. Healthy bread brand The Health Factory raises $3.5 million from Peak XV's Surge 10. Groyyo, an AI-driven platform, has expanded its leadership team with the appointments of Smita Verma Kansal as Chief Business Officer (CBO) and Alessandro Bertini as Vice President Commercial. 11. NOYB, a privacy advocacy group, has filed a complaint against Mozilla, the maker of the Firefox browser, alleging that the company tracks user behavior on websites without their consent 12. Indian fast-food chain Wow Momo Foods is planning to go public within the next two years, as it aims to replicate the rapid expansion of Domino’s Pizza in India. 13. Ola Extends Lead Over Rivals In EV 2W Market, On Track To Achieve EBITDA Profitability: Bernstein 14. SaaS startup Whatfix raises $125 million from Warburg, SoftBank, valuation hits $900 million 15. Exfinity Ventures leads $6.7 Mn Series A round in Aarna.ml 16. Quick commerce platform Zepto has secured the top spot in the LinkedIn Top Startups India List 2024 for the second consecutive year. 17. Dream11, the popular fantasy sports platform backed by Tiger Global, is reportedly bringing on board a new offshore investor. 18. Former BharatPe employee, Deepak Gupta, has been sent to five days of police custody by a Delhi court in connection with an alleged INR 82 crore fraud case. 19. HomeLane buys DesignCafe, raises Rs 225 crore from Hero Enterprise, Ranjan Pai 20. Peak XV’s Surge leads $3.5 Mn seed round in The Health Factory 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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