Top News of the Day: 1. Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue 2. India's competition watchdog, the Competition Commission (CCI), has concluded that WhatsApp, a subsidiary of Meta Platforms Inc. 3. Navi breaks into top 5 UPI apps in September as PhonePe maintains lead 4. Google's efforts to combat sophisticated scams that imitate legitimate support services are facing challenges in protecting Gmail users from phishing threats. 5. Perceptyne, a deep tech AI-first robotics startup, has raised $3 million in its seed round co-led by Endiya Partners and Yali Capital 6. Bengaluru-based gaming investment company, Jetapult, has acquired a significant stake in Saudi Arabia-based game developer, UMX Studio, through an all-cash transaction worth $4.5 million. 7. GIVA Jewellery raises Rs 255 cr in extended Series B, marks partial exit for A91 Partners, India Quotient 8. Ola’s Mobility biz faces consumer regulator scrutiny over refunds 9. Xiaomi plans to introduce GenAI user applications in its smartphones in India by the end of the financial year 2024-2025. 10. SpaceX achieved a major milestone by successfully catching the first-stage booster of its Starship megarocket. 11. Ola Electric shares slip 3% amid regulatory scrutiny over 'BOSS' sale discounts 12. Sistema.bio, a biogas-tech company, has successfully raised $15 million in a funding round led by ElectriFI, managed by EDFI Management Company. 13. D2C meat and seafood brand Licious has acquired Bengaluru-based offline retailer My Chicken and More for an undisclosed amount. 14. Anicut raises $11 Mn via GIFT City Structure for Private Credit Fund 3 15. Beauty retailer Purplle has concluded its latest funding round at INR 1,500 crore ($201 million), an increase of INR 500 crore. 16. JIIF leads $1 Mn round in logistics automation startup Elixia 17. Reliance Industries in talks to acquire stake in Karan Johar’s Dharma Productions 18. Travel company EaseMyTrip has announced that it will issue one bonus equity share for every one fully paid-up equity share. 19. New-age insurance firm Acko has shown consistent growth over recent years, surpassing the Rs 2,000 crore revenue mark in the fiscal year ending March 2024. 20. The startup, The Good Bug, has raised INR 20 Cr out of the total INR 30 Cr. The remaining amount is expected to be received soon. 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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