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Harsh Dwivedi
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Medial • 3h
Top News of the Day: 1. Blinkit to sell laptops, monitors, printers in 10 minutes 2. Tencent-backed Practo achieved a 23% revenue growth to Rs 240 crore in FY24 but fell short of its 44% target. It significantly reduced its EBITDA loss from Rs 99.4 crore in FY23 to Rs 17 crore and recorded an adjusted EBITDA profit in Q4. 3. Innovaccer Inc., a healthcare SaaS firm, secured $275 million in funding to enhance AI and cloud capabilities and expand its platform. 4. ISRO announced that in the Space Docking Experiment (SpaDex) mission, spacecrafts are set on a slow drift to enable closer proximity for future docking. 5. Giva, a silver jewellery and lab-grown diamonds specialist, is in discussions with private equity firm Creaegis to raise $80-100 million at a valuation of $470-500 million. 6. ISRO's LVM3 rocket is set to launch a communication satellite for US-based AST SpaceMobile in March, aiding space-based cellular broadband services. 7. Hippocratic AI achieved a $1.64 billion valuation following a series B funding round, raising $141 million, totaling $278 million. The funding was led by Kleiner Perkins, with participation from A16z 8. Zepto's 10-minute food delivery app, Zepto Cafe, achieved over 50,000 daily orders within four weeks of its launch, marking a 60% month-on-month growth, according to CEO Aadit Palicha 9. Bengaluru-based AI startup Quash has secured $635,000 in pre-seed funding led by Arali Ventures, with contributions from Java Capital, PeerCheque, DeVC by Matrix Partners, and Abhishek Goyal 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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