Top News of the Day: 1. BigBasket, backed by Tata, is planning to introduce a 10-minute food delivery service. 2. MobiKwik, the digital banking platform, saw its shares listed on the National Stock Exchange (NSE) at Rs 440, a premium of 57.71% over its IPO price of Rs 279. 3. Venture capital firm Pavestone has led a $12 million Series B funding round in retail intelligence platform Bizom. 4. Mokobara reports Rs 117 Cr revenue and Rs 4 Cr loss in FY24 5. Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the company’s founder and CEO, Rohit Choudhary. 6. HDFC AMC invests in Athera's Rs 900 Cr Fund 7. Resilience AI, a climate risk and sustainability technology firm, has raised $1 million in its seed funding round led by Kalaari Capital's CXXO initiative, which invests in ventures led by women entrepreneurs. 8. E-commerce furniture and home decor company Pepperfry has elevated Madhusudan Bihani to the role of chief financial officer (CFO). 9. Grammarly has announced its acquisition of productivity startup Coda, with Coda’s CEO Shishir Mehrotra stepping in as the new CEO of Grammarly. 10. Brazilian digital bank Nubank has invested $150 million in Tyme Group, a Singapore-based digital bank backed by Tencent. 11. HR tech platform Keka continued its growth journey with a 62% year-on-year increase during the fiscal year ending March 2024. 12. Indian startup Yotta Data seeks $500 million private credit to expand 13. YouTube is teaming up with the Creative Artists Agency (CAA) to help content creators protect their AI-generated likenesses on the platform. 14. Identity verification and fraud protection platform, Bureau, has raised $30 million in a Series B funding round led by Sorenson Capital. 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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