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Harsh Dwivedi
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Medial • 2m

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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Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

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Rosa

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Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in

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Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

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Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R

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BREAKING: Porter really delivered! 🦄 ▶️ Porter has become a unicorn after completing a fresh friends and family funding round. ▶️ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios. ▶️ In the

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Shreyas Ramdasi

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Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs

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Mahendra Lochhab

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Zomato made a profit of ₹59 crore in Q3FY 25, which is 57% less than the same quarter last year. Zomato's revenue has increased by 64% from the same quarter last year to Rs 5,404 crore.

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Hyderabad-based Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a pre-Series A funding round led by Venture Catalysts. The round also saw participation from various investors, including Nikhil Jaisinghani, Bharat Jaisingha

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Harsh Dwivedi
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Medial • 10m

Top News of the Day: 1. Electric scooter maker Ather Energy has raised Rs 286 crore or $34.5 million through debt and equity 2. Logistiex raises $250,000 in a bridge round led by PACE family office 3. Dairy brand Country Delight has raised Rs 76 c

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Aura

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EleFant raises $750K in seed round EleFant, a mobile app-based toy Library, has raised Rs 6 crore (about $750K) in its seed round co-led by Venture Catalysts, Malpani Ventures with participation from several notable investors and family offices.

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