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Harsh Dwivedi
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Medial • 2m
Top news of the day: 1. Zordo Technologies has acquired FareArena, a cheap flight booking website, to enhance its travel solutions 2. growX Ventures, an early-stage venture capital firm, has made a partial exit from the space technology company Pixxel, resulting in strong returns. 3. Apple is working on revamping Siri with a generative AI, internally called “LLM Siri,” to address its struggling Apple Intelligence platform 4. VUZ, a startup providing immersive video experiences, has secured $12 million to expand its presence in Saudi Arabia, the UAE, and enter markets in Africa, Asia, and the U.S. 5. ProcMart, a B2B marketplace for indirect procurement, has appointed Sachin Jain as co-founder. 6. VerSe Innovation, the parent company of DailyHunt and Josh, has laid off 350 employees as part of a strategic restructuring effort aimed at focusing on long-term goals. 7. Uber has introduced on-demand B2B logistics services via India's ONDC network, allowing businesses access to Uber’s extensive driver fleet without maintaining logistics infrastructure. 8. Commercial electric vehicle manufacturer Euler Motors has raised Rs 638 crore (approximately $75 million) in its Series D round, led by Hero MotoCorp, along with participation from existing investor British International Investment (BII). 9. Vivriti Asset Management raises $20 Mn from Development Bank of Austria 10. India's pet care industry, valued at ₹5,000 crore and growing at 20% CAGR, offers immense opportunities for MSMEs and startups. 11. Vodafone Idea has moved to the Supreme Court after the Indian government rejected its plea to waive over $5 billion in AGR dues. 12. Nvidia is reportedly in advanced discussions to invest in PsiQuantum, a startup focused on quantum computing. 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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