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Top News of the Day: 1. Perplexity AI has integrated DeepSeek's R-1 reasoning model for deep web research, increasing daily uses for both free and paid users. 2. Shares of Nvidia dipped over 24% and wiped off $593 billion (over โน51 lakh crore) of investor wealth in one day amid a selloff triggered by Chinese startup DeepSeek's free AI assistant. 3. OpenAI CEO Sam Altman said Chinese rival DeepSeek's R1 AI is "impressive, particularly what they're able to deliver for the price". 4. Leap, a student study abroad platform founded in 2019, raised $65 million led by Apis Partners, with support from Owl Capital, Jungle Ventures, and Peak XV. 5. Chinese AI startup DeepSeek announced it's temporarily limiting registrations amid a large-scale malicious attack on its services. 6. CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25 7. ISRO successfully launched its 100th mission, deploying a navigation satellite NVS-02 with a GSLV rocket, supporting navigation and precision agriculture in the region. 8. Representatives from Accel, Prosus Ventures, and Bessemer Venture Partners resigned from Good Glamm Group's board amid financial struggles. 9. CityMall hits Rs 450 Cr GMV in FY24 with steady losses 10. Elon Musk's platform, X, has introduced its digital wallet "X Money" in partnership with Visa.''' 11. Zomato plans to initiate its 10-minute food delivery service, 'Quick,' in NCR, collaborating with restaurants maintaining high ratings for hygiene and quality. 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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Medialย โขย 1y
Top news from today- 1. Neodocs bags $2M 2. Zomato posts 138 Cr profit PAT. 3. Infra.Marketโs revenue scales to Rs. 11,846 Cr in FY23 up from Rs. 1240 Cr in 2021. 4. EV financing startup Vidyut raised $5M in series A. 5. DailyHuntโs parent Verse
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Medialย โขย 10m
Top News of the Day: 1. Apple reported $124.3 billion in revenue for the holiday quarter, yet fell short of market expectations, largely due to competitive pressures in China affecting iPhone sales. 2. Chinese state-linked social media accounts amp
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Medialย โขย 1y
Top news of the day- 1. Ema Unlimited - an AI employee assistant raised Rs. 200 Cr ($25M) from Accel and Prosus. 2. Rural commerce startup Rozana raises Rs. 180 Cr ($22.5M) from BII, Fireside. 3. Louisa AI raised Rs. 40 Cr ($5M) from Oxford Univers
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Medialย โขย 1y
Top news of the day- 1. Astrotalk raised Rs. 160 Cr ($20M). 2. Amber raised Rs. 168 Cr ($21M). 3. Byjuโs FY23 revenue is Rs. 6509 Cr. 4. Navi is seeking to raise Rs. 600 Cr. 5. D2C food brand Yu raised Rs. 20 6. EV manufacturer Corrit raises Rs. 5
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Medialย โขย 1y
Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi
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Medialย โขย 1y
Top news of the day- 1. Shadowfax raised Rs. 800 Cr ($100M). 2. Mistral AI raised $16M by Microsoft. 3. MSwipe raised Rs. 160 Cr ($20M) by Alpha Wave Global. 4. Cleartrip grows its b2b business by 4x. 5. Sony laying off 900 employees in Playstation
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Medialย โขย 1y
Top news of the day- 1. Ice-cream brand Walko raises Rs. 160 Cr ($20M) from Jungle Ventures. 2. Rentomojo raised Rs. 210 Cr from Edelweiss. 3. Virohan raised Rs. 14 Cr ($1.8M) from Blume Ventures. 4. Elder-Care firm Samarth Life raises Rs. 12 Cr f
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