Today's Market Updates:-
Funding Frenzy:
➡ Farmley sprouts $6.7M led by BC Jindal Group!
➡ Mumbai's GetSetHome snags $1M seed funding from Mistry Ventures.
➡ Social foodie platform Hogr devours Rs 10 crore via Curefoods.
Workforce Twists:
➡ udaan's $340M bounty comes with a cost: 10% workforce trimming, but eyes remain on growth.
️➡ Swiggy shrinks wallets with "Pocket Hero", targeting bargain hunters.
Local Innovation Takes the Wheel:
➡ Hyderabad taxi drivers ride the ONDC wave with their own app, Yaary, giving Uber and Ola a run for their money!
Farewell, Striker:
➡Fantasy platform Striker bows out, despite MPL and web3 backing.
Bose Tunes into Noise:
➡Audio giant Bose buys part of smart wearables company Noise, amplifying the sound waves.
⚡️ EV Financing Charge:
➡Finayo revs up with Rs 16 crore funding, fueling EV dreams ⛽️
Pepperfry Files IPO Bid:
➡🪑 Furniture giant Pepperfry polishes its numbers, net loss shrinks in FY23, preparing for a shiny IPO debut.
Adani Buys Headlines:
️➡Media mogul Adani acquires majority stake in news agency IANS, making waves in the newsroom.
LIC Reaches for Rural Hearts:
➡❤️ Insurance behemoth LIC plans rural-focused product, aiming for "Insurance For All by 2047" with an open heart.
Google CEO Tempers Layoff Fire:
➡Google CEO Sundar Pichai throws cold water on tech industry trend, emphasizing the impact on morale with a caring hand.
☀️ Ambuja Cements Invests in Green Future:
➡Construction giant Ambuja Cements pours Rs 6,000 crore into renewable power projects, building a greener future.
Edtech Watchdog Wags a Finger:
➡ UGC warns Edtechs on foreign institute partnerships, threatening action with a watchful eye.
#startupnews #venturecapital #innovation #StartupSpotlight #BusinessInsights #udaan #Swiggy #Bose #Noise ##Adani #LIC
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