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Medial • 6m
Top News of the Day: 1. Pornhub's owner, Aylo, has blocked its sites in 16 U.S. states, including most of the South, due to age verification laws requiring ID for access 2. OpenAI has yet to deliver its promised Media Manager tool, designed to allow creators to opt out their works from AI training datasets 3. A Digilocker outage since January 1 has halted customer onboarding for fintech firms reliant on the platform for digital KYC processes 4. Meta Platforms has appointed Joel Kaplan as its new chief global affairs officer, succeeding Nick Clegg. 5. Wingtech, owner of European chip maker Nexperia, plans to sell half its business to focus on chipmaking, affected by geopolitical changes and being added to the US entity list. 6. Botanic Healthcare Pvt. Ltd, a Hyderabad-based botanical extracts manufacturer, secured its first private equity funding of Rs 250 crore from Stakeboat Capital and Abakkus Asset Manager Pvt. Ltd. 7. BharatPe is reportedly planning to sell a significant minority stake (10-25%) in Unity Small Finance Bank to private equity firms and family offices. 8. Tesla's first fall in annual deliveries was reported, despite offering incentives like interest-free financing and free charging to boost demand for their electric vehicles. 9. South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty to charges in a US court after being extradited from Montenegro. 10. Blinkit's launch of a 10-minute ambulance service has been widely applauded on social media. 11. Zairus Master has resigned as the chief business officer of Honasa Consumer Ltd, Mamaearth's parent company, effective February 28, citing personal reasons. 12. Nick Clegg, former deputy prime minister of Britain and Meta's president of global affairs, is stepping down after six years with the company. 13. Claypond Capital has appointed Shravan Subramanyam, a seasoned expert in life sciences and medical devices, to lead its medical technology platform. 14. The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF) to bolster India's startup ecosystem and position it as a global innovation hub] 15. The Securities and Exchange Board of India's (SEBI) investigation revealed that Tiger Global was the largest institutional investor selling PB Fintech shares on a day when traders allegedly had prior knowledge of a significant sale. 16. Arya.ag reports Rs 340 Cr revenue in FY24, profit surges 2.5X 17. Commerce Minister Piyush Goyal emphasized that Blinkit's newly launched ambulance service must adhere to local laws and legal requirements. 18. Mamaearth has partnered with Zepto to launch its new campaign. From what is understood, the brand will plant a tree for every Mamaearth product ordered through Zepto’s platform 19. Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter 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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Hindustan Unilever Ltd (HUL), a leading player in the FMCG sector, has announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Ltd, the parent company of D2C personal care brand Minimalist. According to a regulatory
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NPCI is gearing up to establish a 5,000-capacity research and development (R&D) center to drive its global expansion efforts. Meanwhile, MMRDA has allocated a plot in Mumbai’s Bandra Kurla Complex for NPCI’s new global headquarters, further cementin
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In this blog, I examine T-Series, the prominent Indian music label and film production company, which has emerged as a global leader in the music industry. Founded in 1983 by Gulshan Kumar, T-Series initially focused on devotional music but has since
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