Top News of the Day: 1. SoftBank books surprise loss of $2.4 billion in third quarter 2. Pickleball chain GoRally raises $750K in pre-seed funding 3. Extramarks losses drop by 85% to Rs 48 Cr in FY24, revenue slips 37% 4. Four high-growth startups have secured funding in a bridge round worth Rs 30 crore at a recently held seed funding initiative by JITO Shark Angels. 5. Nivaan Care, a multidisciplinary chronic pain management clinic chain, has secured $4.25 million in its seed round led by Endiya Partners. 6. Vidysea, a study abroad platform designed to help students with personalized academic and career guidance, has raised $1 million in its seed round led by Zee Learn Limited (ZLL) along with Aarvi Family LLP 7. B2B manufacturing startup CapGrid Solutions has raised $5 million (around Rs 45 crore) in a funding round led by Anicut Growth Fund. 8. Mysa, a unified finance and banking platform for mid-size businesses, has raised $2.8 million in a seed round led by Blume Ventures. The round saw participation from Emphasis Ventures (EMVC), Antler, Neon Fund 9. Mobility firm Rapido is raising Rs 250 crore (around $29.7 million) from Prosus as part of Series E round. 10. Freshworks posts $194.6 Mn revenue in Q4, projects $809 Mn for CY25. SaaS firm Freshworks registered a 21.6% year-on-year growth in the fourth quarter of the last calendar year (2024). 11. StepOut, an Indian sports performance analysis and ecosystem technology startup, has raised $500,000 in its seed round led by Rainmatter, founded by Nithin Kamath, CEO of Zerodha. 12. Investment technology firm ArthAlpha has raised over $2 million in a seed funding round led by DSP, with participation from family offices and wealth managers. 13. Amazon has launched pilots for Amazon Now in Bengaluru to compete in the quick commerce sector. Offering a 10-minute delivery promise, this service marks Amazon's entry into quick commerce. 14. Mamaearth-parent Honasa returns to profitability in Q3 FY25 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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