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Harsh Dwivedi

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Medial • 24d

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.

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