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Harsh Dwivedi
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Medialย โขย 1d
Top News of the day: 1. Peak XV Partners gained over Rs 1,200 crore by fully exiting logistics startup Porter, marking an 11-fold return on its Rs 116 crore investment 2. Alphabet Inc. announced that Google has reached 150 million paid subscribers for its services like YouTube Premium, Google One, and AI-powered Gemini Advanced. 3. Logistics company Delhivery announced its Q4 FY25 results on Friday, reporting a 6% year-on-year increase in revenue. 4. Zeuron.ai is advancing cognitive health through its MIMO console, combining gaming and neuroscience to aid brain functions. 5. Hospitality firm OYO has announced that its business accelerator division added over 3,500 new corporate clients in FY25, marking a 20% year-on-year growth in its corporate portfolio 6. ByteDance aims to achieve a 20% revenue growth in 2025, which could potentially align its financials with Meta Platforms. 7. Meta's Sandhya Devanathan, previously VP for India, will now oversee operations in Southeast Asia, covering key markets like Indonesia and Vietnam. 8. Walmart's advertising business surged by 20% in Q1, driven by Flipkart's successful operations 9. Redpoint Ventures, a San Francisco-based firm, has raised a $650 million 10th early-stage fund, matching its prior fund size 10. Perplexity is joining the 'No Code' bandwagon with an upcoming feature called 'Projects'. 11. The National Payments Corporation of India's (NPCI) initiatives like UPI Lite, wallet-based payments, and UPI through RuPay credit cards aim to ease the banking system's load for small transactions. 12. Square Yards, a real estate marketplace supported by Kae Capital and Times Group, reported operational profitability in FY25 as its revenue jumped 40% to Rs 1,410 crore ($170 million) 13. Zenergize, Citrus Freight, Cryptique, and Fyn Mobility, early-stage startups in energy, logistics, analytics, and e-mobility respectively, have secured funding from venture capital firms and angel investors. 14. Groww, a Bengaluru-based investment tech start-up, is set to file confidential IPO papers with SEBI, targeting a $7-8 billion valuation. 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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