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Harsh Dwivedi
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Medial • 5h
Top News of the Day: 1. Zepto, a quick commerce firm, has raised $350 million in funding from Indian high net-worth individuals, family offices, and financial institutions. 2. WhatsApp Beta introduces group mentions to simplify updates 3. Bitcoin came close to reaching $100,000 for the first time, driven by expectations that Donald Trump's presidency will lead to a favorable regulatory environment for cryptocurrencies. 4. Byju Raveendran, the founder of Byju's, allegedly attempted to persuade a businessman, William Hailer, to leave the US and avoid testifying in federal court about suspicious activities related to the edtech 5. Flipkart Group has appointed Dan Bartlett, the executive vice president of corporate affairs at Walmart Inc., to its board of directors. 6. Apple India paid Rs 4,490 crore ($532 million) as licence fees or royalty payments to its global subsidiaries in the fiscal year 2024. 7. Ola Electric fires 500 staff to boost profits amid share price drop 8. Teachmint revenue grows 2X in FY24, losses down to Rs 82 Cr 9. Dezerv, a company backed by Premji Invest, reported a revenue of Rs 26.25 crore and a loss of Rs 74.53 crore for the fiscal year ending March 2024. 10. Elon Musk announced that X, formerly known as Twitter, has become the number one news app on the App Store in India. 11. Delhivery has approved the issuance of 4,90,000 stock options to eligible employees under its Employees Stock Option Plan 2012. 12. Healthify, an AI-powered health and fitness app backed by Khosla Ventures, has reduced its losses by 38% to Rs 88 crore in FY24. 13. Binny Bansal, co-founder of Flipkart, has stepped down from the board of PhonePe, the digital payments platform acquired by Flipkart in 2016. 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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