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Harsh Dwivedi
•

Medial • 6m

Top News of the Day: 1. Surge, the early-stage startup program by Peak XV, has selected 14 startups for its tenth cohort in fields such as AI, financial services, consumer sectors, and healthcare.. 2. VC firm promotes principals Vaas Bhaskar and Chirag Chadha to partner positions. 3. Neysa, is set to utilize its recent funding to bolster its AI infrastructure, research and prepare for the launch of its GenAI acceleration cloud service. 4. CoinSwitch Alleges WazirX Moved Crypto Worth $73 Mn Post Data Breach 5. Paytm posts first-ever profit helped by ticketing biz sale to Zomato; revenue down 34% YoY 6. Zepto to shift domicile back to India, initiates process with NCLT 7. Bengaluru-based logistics startup Porter plans to double its presence in India to nearly 40 cities over the next 3-4 years. 8. HSBC Holdings has appointed Pam Kaur as its first female CFO, making her the new chief financial officer of the company. 10. Glance and Swiggy Instamart have teamed up to offer a one-tap purchase feature on Glance's smart lock screens, allowing consumer packaged goods (CPG) brands to reach over 230 million active users 11. Former CFO of OYO, Abhishek Gupta, has recently joined Lenskart as the new CFO. 12. Zouk, an Indian startup, has raised $10 million in a Series B funding round led by Aavishkaar Capital. 13. Paytm reports an 11% QoQ revenue increase to ₹1,660 crore 14. Zomato's quick commerce platform Blinkit experienced a decline in margins during the July-September quarter due to increased investment in infrastructure expansion 15. Food delivery firm Zomato plans to raise Rs 8,500 crore through a qualified institutional placement. 16. OYO founder Ritesh Agarwal recently introduced Oravel Travel Solutions, the company's B2B product, which aims to provide seamless corporate travel and event planning. 17. Leadsquared's losses edge up to Rs 162.2 Cr in FY24; revenue up 9% 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.

0 replies31 likes

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Harsh Dwivedi
•

Medial • 11m

Top News of the Day: 1. Rahul Chaudhary, who joined venture capital fund Matrix Partners India in February last year, has quit the firm to start his new venture. 2. Paytm, the Indian fintech pioneer, reported its first-ever sales decline and warned

0 replies31 likes

Udyamee

Baki sab thik ? • 11m

Paytm will bounce back ‼️ The company excels in management and is innovative in finding ways to generate revenue. Don't know why but I am biased toward Paytm and want it to succeed and overcome its current challenges. Yesterday, I bought some Pay

9 replies13 likes

Anonymous

Hey I am on Medial • 9m

Japan-based investment giant Softbank has reportedly fully exited Vijay Shekhar Sharma-led Paytm in the June quarter at a massive loss of around $150 million (or about Rs 1,250 crore), PTI reported. Notably, the Masayoshi Son-led firm invested arou

0 replies7 likes

Vaibhav Babruwan Shingde

Student • 2m

𝗢𝗬𝗢 𝗜𝘀 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗕𝗮𝗿 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗳𝗶𝘁𝘀 & 𝗜𝗣𝗢! • In Q3 FY25, OYO reported a profit of ₹166 crores with a revenue of ₹1,695 crores, reflecting a 31% growth in revenue. • As of December 2024, SoftBank owns 44% of OYO. The

2 replies12 likes

LIKHITH

ON NE SAIT JAMAIS • 9m

STAY UPDATED !! Byju's, Bengaluru-based edtech firm, is reportedly in talks with the Board of Control for Cricket in India (BCCI) to settle its Rs 158.90 crore debts. If the settlement is reached, Byju's will be released from an insolvency process

10 replies13 likes

MK

Hey I am on Medial • 4m

OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his

0 replies2 likes

Harsh Dwivedi
•

Medial • 1y

Top News Of the Day: 1. AI-powered dark web intelligence startup StealthMole has secured $7m in a series A funding round 2. Mumbai-headquartered venture debt firm Alteria Capital has announced the final close of its third fund at Rs 1,550 crore (ap

9 replies32 likes

Harsh Dwivedi
•

Medial • 6m

Top News of the Day: 1. Bangalore-based insurtech startup Acko General Insurance is closing a $100-120 million secondary deal in which early backers, including Catamaran Ventures and Ashish Dhawan, will sell their stakes. 2. Taiwan Semiconductor Ma

0 replies37 likes

Harsh Dwivedi
•

Medial • 1y

Top News Of the Day: 1. Indian food delivery startup Swiggy is planning to raise $1.25 billion in an upcoming initial public offering (IPO). 2. Healthcare and insurtech firm Flashaid has raised $2.5 million in its pre-Series A funding round led by

0 replies37 likes

K

Ph • 11m

Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).