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Top News of the Day: 1. ChatGPT gets โdeep researchโ mode as OpenAI doubles down on AI agents 2. Tesla CEO Elon Musk sparked debate by calling weekend work a "superpower," critiquing U.S. bureaucrats for not working weekends and comparing it to an opponent leaving the field for two days. 3. Paytm Cloud is investing Rs 8.7 crore ($1 million) to acquire a 25% stake in US-based Seven Technology, as per One 97 Communications' filing. 4. The Indian franchisee of WeWork, managed by the Embassy Group, has filed for an initial public offering in Mumbai. 5. SoftBank Group and OpenAI have announced a joint venture to provide advanced artificial intelligence solutions to businesses. 6. Unicommerce Esolutions is set to grow through ecommerce expansion, leveraging digital adoption, an increased market from complementary offerings, client acquisition, and a broader product portfolio. 7. Pepperfry, an omnichannel furniture retailer, reported a 30.6% drop in operating revenue to Rs 188.98 crore for FY24 as it focused on reducing losses by 37% to Rs 117.4 crore. 8. BharatPeโs CMO Parth Joshi quits to start his own venture 9. Turnkey solar solutions provider Solarium Green Energy is set to launch its SME initial public offering (IPO) on February 6, 2025, aiming to raise Rs 105.04 crore (approximately $12.5 million). 10. Logistics firm Shadowfax has secured Rs 34.2 crore (around $4 million) in its Series F round. 11. Shein, the Chinese fast-fashion company, is returning to India nearly five years after being banned. This time, it is re-entering the market through a partnership with Reliance Retail. 12. Good Flippin' Burgers, a Mumbai-based burger chain backed by Tanglin Venture Partners, raised $4 million in Series A funding 13. Microsoft founder Bill Gates explores the making of his internal operating system in new memoir 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 of the Day: 1. Fix My Curls, a curly and wavy hair brand, has secured an undisclosed seed funding led by Smbhav Venture Fund, Amazon's small and medium businesses-focused venture fund. 2. Sachin Bansal's Navi Finserv raises Rs 150 crore t
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Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr
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Medialย โขย 10m
Top News of the Day: 1. Indian audio platform Kuku FM, backed by Vertex Ventures, recently underwent a restructuring exercise affecting approximately 300 employees. 2. Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue
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Medialย โขย 7m
Top News of the Day: 1. Karnataka is set to host the Invest Karnataka 2025โGlobal Investors Meet, expecting Rs 10 lakh crore in investment commitments. 2. Triton Investment Advisors, an early-stage venture capital firm in Mumbai, announced the firs
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Medialย โขย 1y
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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Medialย โขย 5m
Top News of the day: 1. Kedaara Capital has led a $60 million Series D funding round in Juspay, a Bengaluru-based payment infrastructure firm. Existing investors, SoftBank and Accel, also participated. 2. SoftBank Group plans to issue retail bonds
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Medialย โขย 3m
Top news of the day: 1. Med-tech startup Innovodigm has raised Rs 5.5 crore in a seed funding round led by the IAN Group. IAN contributed Rs 4.5 crore, with the remaining amount invested by PadUp Ventures. 2. Ice popsicle brand Skippi has raised Rs
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Medialย โขย 1y
Top News Of the Day: 1. Venture capital firm Prath Ventures has raised Rs 120 crore marking the second close of its INR 225 Crore round, led by SIDBI Funds and others. 2. Dermatology startup Cureskin raises Rs. 160 Cr ($20Mn) led by Healthquad 3. O
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Medialย โขย 3m
Top News of the day: 1. Lifestyle brand DailyObjects, founded in 2012 by Saurav Adlakha and Pankaj Garg, seeks to raise additional capital between Rs 100 crore and Rs 150 crore ($11.7-$17.6 million) after receiving recent support from an existing VC
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