Top News of the Day: 1. KKR to double down on LEAP India as company raises $63 mn 2. Blackstone is reportedly planning to launch an IPO for Horizon Industrial Parks, while Goldman Sachs is in talks to acquire a majority stake in PeopleStrong. 3. UltraTech buys stake in Star Cement for up to $100 mn 4. Zoho Corporation CEO Sridhar Vembu has ignited the debate surrounding the necessity of a 70-hour work week for economic development. 5. Business-to-business (B2B) e-commerce unicorn Zetwerk has added a new employee stock option worth Rs 541 crore (approximately $64 million) under its ESOP Plan 2018. 6. Venture capital firm Peak XV continues to capitalize on its investments, expanding gains from a company it initially backed in 2014. 7. Osamu Suzuki, who served as the leader of Suzuki Motor for over four decades and played a pivotal role in establishing India as a thriving auto market, has passed away at the age of 94. 8. PharmEasy's valuation has plummeted from a peak of $5.6 billion to approximately $456 million, according to investor Janus Henderson's recent filing. 9. SaaS fintech platform Zaggle Prepaid Ocean Services Ltd is planning to acquire at least two companies in the next financial year to drive its growth. 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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