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Harsh Dwivedi
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Medial • 5m
Top News of the Day: 1. Angel One appoints former Google Pay VP Ambarish Kenghe as Group CEO 2. RePut.ai, a supply chain solutions provider, has raised $1 million in a pre-seed funding round led by GrowthCap Ventures. 3. L&T Chairman SN Subrahmanyan faced backlash for suggesting a 90-hour work week. HR head Sonica Muraleedharan defended him, stating his comments were misinterpreted and emphasized his supportive leadership. 4. Urban Company, a home services platform, plans a ₹3,000 crore IPO by March. With a valuation of $2.1 billion in 2021, it has engaged Kotak Mahindra Capital, Goldman Sachs, and Morgan Stanley to manage the offering. 5. Pantomath’s Bharat Value Fund invested Rs 161 crore in electric vehicle startup BGauss, being the sole investor in the funding round. 6. Tractor Factory, an electric tractor technology company, has raised Rs 4 crore (around $500,000) in its pre-seed round led by early-stage investment firm All In Capital. 7. Wonderchef, the kitchen appliance brand backed by celebrity chef Sanjeev Kapoor, is seeing consistent revenue growth year-on-year and recorded a profit in the fiscal year ending March 2024. 8. Stashfin, a financial services platform, has granted ESOPs to its employees from a Rs 600 crore pool. Employees with five years of service receive Rs 5 lakh worth of ESOPs 9. Dunzo, the hyperlocal delivery service, has gone offline after co-founder and CEO Kabeer Biswas joined Flipkart 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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