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Harsh Dwivedi
•
Medial • 1m
Top News of the Day: 1. Indian audio platform Kuku FM, backed by Vertex Ventures, recently underwent a restructuring exercise affecting approximately 300 employees. 2. Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue takes a hit too 3. Zomato To Launch INR 8,500 Cr QIP In December 4. Nvidia plans to launch its new technology for humanoid robots in the first half of 2025 5. Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid 6. Private equity firms are planning to invest $100 million in Indian intra-city logistics platform Porter, in a deal that would value the company at $1.1-$1.2 billion 7. Goldman Sachs, the leading global bank, has seen its stock rise by almost 15% in November, outperforming other banks in the S&P 500. 8. boAT Onboards Three Bankers For $300-500 Mn IPO. 9. Giva, a jewellery brand backed by Premji Invest, saw a 65.8% YoY growth in operating revenue, reaching Rs 273.6 crore for the fiscal year ending in March 2024. 10. Quick commerce startup Zepto plans to raise $300 million from domestic investors, doubling its initially planned $150 million round. 11. Rapido’s operating revenue nears Rs 650 Cr in FY24; cuts losses by 45% 12. Noise posts Rs 1,431 Cr revenue in FY24, remains EBITDA positive 13. WebEngage’s revenue from operations increased by 9.5% to Rs 140.69 crore in FY24 from Rs 128.46 crore in FY23, shows its consolidated financial statement filed with the Registrar of Companies (RoC). 14. FirstCry added Rs 31 crore as interest income which took the overall revenue to Rs 1,936 crore in Q2 FY25, compared to Rs 1,528 crore in Q2 FY24. 15. Vecmocon Technologies, an electric vehicle mobility company, has raised $10 million in its Series A funding round. 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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Harsh Dwivedi
•
Medial • 2m
Top News of Today: (9th October) 1) ShareChat Launches Social Media App ‘Vibely’ With Private Calling Feature 2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year. 3)
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