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Medial • 1d
Top news of the day: 1. Fi Money has launched the first Model Context Protocol (MCP) Server, enabling users to connect their comprehensive financial data with AI assistants like ChatGPT and Gemini. 2. JioBlackRock Asset Management successfully raised over ₹17,800 crore through its maiden New Fund Offer (NFO) across three debt schemes. 3. The Bombay High Court has provided major relief to Go Digit General Insurance by setting aside a Rs 170.29 crore GST demand raised by the Chennai South Commissionerate of GST & Central Excise. 4. Workspace solution provider Incuspaze has acquired VSKOUT, a B2B SaaS solution offering curated data analytics for commercial real estate (CRE), in a strategic move to enhance and integrate high-tech capabilities. 5. Smartworks, a leading managed workspace platform, reported a 32% growth in operating revenue to Rs 1,374 crore in FY25. However, despite the strong topline growth, the company’s losses widened 26% in FY25. 6. WiseLife, a brand for all yoga & home fitness essentials, has raised Rs 8 crore in a pre-Series A funding round led by Rukam Capital. 7. Spiritual lifestyle brand Divine Hindu has raised Rs 1.56 crore in a seed funding round from BeyondSeed, D2C Insider Super Angels, and Signal Ventures. 8. B2B seafood marketplace Captain Fresh is gearing up for a listing on the Indian stock exchanges after transitioning into a public limited entity. 9. Proptech platform Square Yards is eyeing to raise Rs 2,000 crore through an initial public offering (IPO) at a valuation of $1.5–2 billion 10. Electric mobility startup Yulu secured Rs 25.7 crore in Series B funding from Canadian auto parts manufacturer Magna International. 11. Zomato has appointed Aditya Mangla as CEO of its food ordering and delivery business, effective for a two-year term following the tenure of Rakesh Ranjan. 12. Coursera appointed Ashutosh Gupta as Managing Director for India and Asia Pacific. 13. InPrime Finserv, a tech-enabled non-banking financial company (NBFC) targeting India's emerging middle class, raised Rs 50 crore in a Series A1 funding round led by Pravega Ventures, alongside existing investors. 14. BigBasket, a Tata Group company, has appointed Manish Bajoria as its Chief Financial Officer (CFO). 15. Rebel Foods is considering selling its stake in premium chocolate brand Smoor due to underperformance, particularly in significant markets like Mumbai. 16. Clean-label food brand Khetika has secured $18 million in Series B funding led by Narotam Sekhsaria Family Office and Anicut Capital, with participation from existing investors. 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.
Building WelBe| Entr... • 3m
Expertia AI secures pre-Series A funding led by Rockstud Capital Recruiter platform Expertia has raised Rs 20 crore in a pre-Series A funding round led by Rockstud Capital, with participation from Flipkart and its existing investors, Endiya Partners
See MoreBuilding-HatchUp.ai • 8m
Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture
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