Top News of the Day: 1. OpenAI CEO Sam Altman plans to visit India next week 2. Salad Days, a restaurant and cloud kitchen brand, raised ₹30 crore in Series A funding, led by V3 Ventures and CAAF. 3. Swiggy announced the resignation of M Sridhar, its Company Secretary and Compliance Officer, for personal reasons. 4. SoftBank plans to invest up to $25 billion in OpenAI, becoming the largest backer of the ChatGPT creator. 5. E-commerce giant Flipkart is exploring an entry into the astrology and devotion sector through a potential acquisition of astrotech 6. CollegeDekho reported a 32% year-on-year revenue growth for the fiscal year ending March 2024. However, despite this increase, the company posted a net loss of Rs 129 crore, remaining unchanged from FY23. 7. Teen self-care brand Sammmm has secured Rs 10 crore ($1.2 million) in a seed funding round. The round was led by Fireside Ventures, with participation from Sauce VC and angel investors Nihir Parikh 8. OfBusiness, a B2B e-commerce firm, is preparing for a potential IPO by converting to a public limited company, as per its filings with the Registrar of Companies. 9. Agnishwar Jayaprakash, founder of the Jar app, recently announced that the company has achieved profitability. 10. Spiritual platform Utsav raised Rs 6.35 crore, led by Equanimity Investments, with participation from India Quotient. 11. BonV Aero, a drone startup backed by US venture capitalist Tim Draper, has secured investment from Unicorn India Ventures. 12. SaaS startup SuperOps raises $25 million from March Capital, Addition, Z47 13. PB Fintech’s revenue increased to Rs 1,292 crore in Q3 FY25 as compared to Rs 871 crore during Q3 FY24, as per the firm’s unaudited consolidated financial results. 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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