Feed Post

Harsh Dwivedi

 • 

Medial • 9d

Top News of the Day: 1. Android 16 could come with iPhone like dynamic island notifications 2. Tata Group's ecommerce venture Neu is set to enter the quick commerce segment with Neu Flash, offering ultra-fast delivery for grocery, electronics, and fashion products. 3. Early-stage venture capital firm First Cheque to invest in 15-20 startups 4. The merger between slice, a fintech startup, and NESFB, a bank, has united their operations, assets, and brand identities into a single banking institution. 5. InsuranceDekho is set to merge with RenewBuy in a cash-and-stock deal, creating a combined entity valued at over $1 billion. 6. Classplus, an edtech startup backed by investors like Tiger Global and Blume Ventures, is looking to engage in mergers and acquisitions as it reduces its cash burn. 7. B2B ecommerce platform Udaan has secured approximately Rs 300 crore ($40.6m) in debt financing from venture debt investors including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. 8. Dixon Tech's CEO, Atul Lall, predicts an annual revenue of around Rs 40,000 crore for the fiscal year, driven by the rapidly growing mobile manufacturing segment. 9. Flipkart Internet Grows Revenue By 21% YoY, Losses Down By 41% 10. Arya.ag Receives $19.8 Mn Commitment From DFC 11. ElasticRun, a B2B e-commerce platform, has reduced its losses by half in the financial year ending March 2024. The company's focus on regional brands has improved margins and led to a decrease in losses 12. Consumer durables company Atomberg Technologies, known for its energy-saving fans, reported a 31% increase in revenue from operations to INR 848 crore in the last financial year 13. RBI Expects UPI Transactions To Soon Hit 1 Bn 14. Beverage company Lahori eyes Rs 400 crore taking valuation up 3x to Rs 2,700 crore 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.

2 replies27 likes
3
Replies (2)

More like this

Recommendations from Medial

Mohammed Zaid

Stealth • 16d

Snapdeal founders Kunal Bahl and Rohit Bansal’s venture capital firm Titan Capital has marked the final close of its winners fund at Rs 333 crore ($40 million).

0 replies2 likes
Anonymous
Image Description

Hyderabad-based Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a pre-Series A funding round led by Venture Catalysts. The round also saw participation from various investors, including Nikhil Jaisinghani, Bharat Jaisingha

See More
1 replies5 likes
Anonymous

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

See More
0 replies6 likes
Anonymous
Image Description
Image Description

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

See More
3 replies21 likes

Shreyas Ramdasi

Stealth • 4m

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs

See More
0 replies5 likes

Rosalin Biswal

Stealth • 3m

Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in

See More
0 replies4 likes

Tushar Aher Patil

Stealth • 12d

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

See More
0 replies4 likes

Shuvodip Ray

 • 

YouTube • 4m

In a significant move to bolster its financial position and support future growth, Bank of Baroda (BoB), one of India's largest public sector banks, has announced plans to raise substantial capital through debt instruments and long-term bonds. The ba

See More
0 replies9 likes
Image Description
Image Description

K

Stealth • 5m

On average, male founders earned eight times their female peers in FY23, according to a PrivateCircle research on 114 Indian unicorns. The report also showed that male founders took home a median of Rs 1.8 crore, while their female counterparts earn

See More
3 replies9 likes
1
Anonymous

UK-based Vodafone Group Plc is reportedly looking to invest as much as Rs 3,000 crore of equity in its Indian telecom joint venture (JV) Vodafone Idea Ltd., Moneycontrol reported. The report comes after the UK-based company announced that it had so

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.