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Top News of the Day: 1. Info Edge files FIR against Rahul Yadav over 4B Networks fraud 2. Byondnxt secures fresh funding, Zomato stake reduced to 6% 3. Vocera Raises $500K from Y Combinator to Revolutionize Voice AI Testing and Evaluation 4. Employee engagement and rewards platform, AdvantageClub.ai, has secured $4 million in funding to support its expansion plans in the US and Asia. 5. Fraud prevention software platform RaptorX has raised Rs 4 crore in a pre-seed funding round co-led by PeakXV Spark, EagleWings Ventures, and Point One Capital 6. Canadian news media outlets have filed a copyright infringement lawsuit against OpenAI, seeking substantial damages for scraping their content without permission. 7. Ola Electric plans to expand its retail network, aiming to increase its store count from 800 to 4,000 by the end of December. 8. Swiggy has expanded its quick food delivery service, Bolt, to over 400 cities. 9. Netherlands-based investor Prosus is considering several companies for potential IPOs in the next 18 months, including PayU, Meesho, and Bluestone. 10. Tech4Billion Media Pvt Limited, the holding company of video streaming platform Chingari, has entered the faith and astrology market with the launch of its new app, AstroLive. 11. Global technology investor Prosus has invested $79.9 million in Mintifi Pvt. Ltd, a supply-chain financing company backed by PremjiInvest. This investment gives Prosus a 10.65% stake in the Mumbai-based fintech 12. Glas Trust, representing US entities that lent $1.2 billion to Byju's, disputes the maintainability of the withdrawal application for the insolvency petition filed by the Board of Control for Cricket in India. 13. PhonePe ends pact with Juspay, stops third-party integrations for merchant payments 14. PayU India's PA license helps it post $237M revenue in H1 FY25, even as margins shrink 15. Ola Electric’s founder Bhavish Aggarwal has pledged his Ola Electric shares to raise debt funding (via issuing debentures) for its artificial intelligence startup Krutrim SI Designs. 16. Riju Raveendran, the largest shareholder of edtech company Byju's, has approached the insolvency tribunal seeking inclusion in the ongoing case involving the troubled firm, its lenders, and the cricket board. 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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The Indian Renewable Energy Development Agency (IREDA) has filed an insolvency petition against BluSmart’s related entity and troubled engineering, procurement and construction (EPC) company Gensol Engineering. In a filing with the exchanges, IREDA
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🔔 Shuttered electric air taxi startup Lilium may be saved after all Lilium, the electric air taxi startup that recently ceased operations and laid off about 1,000 employees, may have a chance for revival. A consortium of investors, Mobile Uplift Co
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Deepseek the chineseAI app has become a buzz word in the tech world lately. the app has surprised openAI's chatgpt on app store. In the latest the US Navy has asked its members not to use Deepseek AI due to security and ethical concern about its orig
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