Top News of the Day: 1. Edtech startup Adda247 buys placement preparation platform PrepInsta 2. Mattress and seating solution provider Wakefit.co reported a 24% increase in revenue to Rs 1,017 crore in the financial year ending March 2024. 3. BharatPe settles legal dispute with Ashneer Grover, cofounder to cease being a shareholder in fintech startup 4. Chinese company ByteDance, the parent company of TikTok, plans to utilize AI chips from Huawei for the development of its artificial intelligence (AI) model, according to anonymous sources. 5. Second stage of SpaceX rocket, launched to rescue Williams, lands outside target area 6. InCred Capital, the wealth and institutional arm of the InCred Group, is in advanced discussions to raise $50 million, according to two sources familiar with the details of the deal. 7. Indian fintech platform BASIC Home Loan has raised $10.6m in a series B funding round led by Bertelsmann India Investments 8. Indian mental health platform Lissun has secured $2.5 million in a funding round led by RPSG Capital Ventures. 9. Agritech startup Greenikk on Monday said that it is shutting down operations due to funding challenges and adverse market conditions. 10. Zintlr, a B2B SaaS platform specializing in sales intelligence and prospecting, has raised Rs 7.5 crore in its seed funding round led by Om Jain. 11. Reward-based payments platform CRED continues its growing financial journey on the results side for the fiscal year ending March 2024 12. CarDekho, an Indian automobile marketplace, is in talks with merchant bankers for an initial public offering (IPO) next year. 13. PhonePe Partners Jar To Roll Out Daily Savings In Digital Gold 14. Edtech company upGrad has appointed Amit Mehta as its Chief Human Resources Officer (CHRO). 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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