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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 โน1,660 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.
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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
See MoreBaki sab thik ?ย โขย 1y
Paytm will bounce back โผ๏ธ 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
See MoreHey I am on Medialย โขย 1y
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
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Hey I am on Medialย โขย 10m
๐ข๐ฌ๐ข ๐๐ ๐ฅ๐ฎ๐ถ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฎ๐ฟ ๐๐ถ๐๐ต ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐๐ & ๐๐ฃ๐ข! โข In Q3 FY25, OYO reported a profit of โน166 crores with a revenue of โน1,695 crores, reflecting a 31% growth in revenue. โข As of December 2024, SoftBank owns 44% of OYO. The
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"You never know"ย โขย 1y
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
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Medialย โขย 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
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Medialย โขย 1y
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
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