Sujata Sangwan on LinkedIn: #eveningupdates (2024)

#MorningUpdates: 1. InMobi secures $100 Mn debt for AI expansion2. MSME lender FlexiLoans raises Rs 290 Cr in Series C for scaling operations3. Honda India To Launch Maiden Electric Scooter By March 20254. Xiaomi India Ropes In Former Motorola Executive Sudhin Mathur As COO5. Uber relaunches flagship product Black in India starting with Mumbai6. ZomatoLaunches Developer Platform For PoS Partners

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#EveningUpdates: 1. Zomato CEO Deepinder Goyal is Gurugram's second-richest person, according to theHURUN INDIA Rich List 2024. The first is Nirmal Kumar Minda, the chairman and managing director of UNO Minda2. OYO Turns Profitable With INR 229 Cr PAT In FY24 As Employee Costs Halve3. AI startup Track3D (formerly ConstructN) bags $4.3M seed round led by Endiya Partners4. Northern Arc Capital's Rs 500 Cr IPO to open on September 165. RECOGNIZE invests in Blue Mantis6. Mphasis opens deep tech innovation hub in London7. TVS Capital Funds Ropes In Former McKinsey Executive Chandrasekar V As Partner8. PhonePe partners with Liquid Group to expand UPI payments in Singapore9. Swiggy Instamart expands operations to 43 Indian cities10. Edtech unicorn LEAD School dives into personalised learning with interactive books11. Govt To Create Suspect Registry To Strengthen Cyber Crime DefenceRead more here: https://bit.ly/3MGDkmm

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#JustIn: 1. Sri Mandir-parent AppsForBharat raises $18 Mn in Series B led by Nandan Nilekani’s The Fundamentum Partnership2. Home decor and lifestyle brand Nestasia raises $8.35 Mn from Susquehanna Asia Venture Capital, Stellaris Venture Partners, and notable angel investors3. Pixxel becomes first Indian space startup to secure NASA - National Aeronautics and Space Administration contract4. Colossa Ventures invests in cleantech startup Exposome5. GoKwik acquires Return Prime to foray into global markets6. Crackle Technologies, founded by ex-Google executives, raises $1.7 Mn in pre-seed funding7. Supersquad raises Rs 2.1 Cr in pre-seed round8. Ather Energy to manufacture electric motorcycle9. Tata Electronics Pvt. Ltd. Partners TOKYO ELECTRON LIMITED For Chip Equipment InfrastructureRead more here: https://bit.ly/4ejS9ai

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#MorningUpdates: 1. Former Jio President Floats VC Firm Playbook Partners, Marks First Close Of Maiden Fund At $130 Mn2. Arnya RealEstates Fund Advisors raises Rs 375 Cr as first close3. Creador-backed iValue Group files IPO papers with SEBI4. Swiggy to raise Rs 5,000 Cr via fresh issue, reports Entrackr5. Clean Electric raises Rs 48.5 Cr led by Info Edge India Ltd, pi Ventures, and Kalaari Capital6. Delta Electronics opens new R&D centre in Bengaluru7. Apple Unveils iPhone 16 Series, To Start At INR 79,900 In India8. IndusBridge Ventures and Fedtech, Inc. unveil Indo-US launchpad to boost Indian startups9. Dixon Technologies India Limited To Manufacture PCs & Laptops For HP In India10. Apple supplier Jabil to set up manufacturing facility in Trichy for Rs 2,000 crore

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#EveningUpdates: 1. Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr2. Telugu actor Mahesh Babu invests in nutraceutical startup Fitday Pvt. Ltd.3. Vijaynath Roof And Wall Cladding Systems Pvt Ltd raises Rs 26 Cr in debt funding4. The Carlyle Group appoints former Bajaj Electricals CEO Anuj Poddar as Co-Head Global Portfolio Solutions Asia5. InCred Financial Services CFO Vivek Bansal Quits To Float His Own NBFC Venture6. Transcell Biologics Private Limited raises funds from IAN Group (formerly Indian Angel Network) and Quantiphi7. Porter reports Rs 2,734 Cr revenue in FY24; losses dip 45%8. Prahlad Krishnamurthi exits Cleartrip, joins NextBuy as CEO9. Acko Enters Life Insurance Space With Launch Of Acko Flexi Term Plan10. CCI Greenlights National Investment and Infrastructure Fund (NIIF)’s Proposal To Pick Up Additional Stake In IPO-Bound Ather Energy11. AngelList launches new platform for Indian private equity market12. EQT Group to acquire GeBBS Healthcare Solutions Read more here:https://bit.ly/4gblPbj

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#MorningUpdates: 1. Senior Amazon executive Samir Kumar is set to take up the reins of the company’s Indian business following Manish Tiwary’s resignation, reports The Arc2. MobiKwik Xtra suspends ‘anytime withdrawals’; draws flak from users3. TAC InfoSec Private Limited Elevates Saransh Rawat to CTO; Vishal Jain Quits As CFO4. Flipkart’s Super.money Plans to Raise External Funds, To Launch FDs, Credit Lines Via UPI, reports Inc425. After Bengaluru, Flipkart Minutes (a quick commerce service) goes live in Gurugram6. Jio Financial Services, BLACKROCK ADVISORS LIMITED form JV for investment advisory services

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#EveningUpdates: 1. Zepto in talks with investment banks for potential IPO next year2. Paysharp Gets Payment Aggregator Nod From Reserve Bank of India (RBI)3. Nykaa Ropes in The Good Glamm Group’s Sukhleen Aneja to Lead Kay Beauty4. Tracxn Allots 1.8 Lakh Equity Shares Under ESOP Plan5. Delhi Court Denies Bail to Vendor Amit Kumar Bansal in BharatPe Fraud CaseRead more here: https://bit.ly/3ZmAb2i

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Most Followed Instagram Account:1. 🇺🇲 Instagram: 676m 2. 🇵🇹 Cristiano Ronaldo: 638m 3. 🇦🇷 Lionel Messi: 504m 4. 🇺🇲 Selena Gomez: 424m 5. 🇺🇲 Kylie Jenner: 397m 6. 🇺🇲 Dwayne Johnson: 395m 7. 🇺🇲 Ariana Grande: 377m 8. 🇺🇲 Kim Kardashian: 361m 9 🇺🇲 Beyoncé: 316m 10. 🇺🇲 Khloé Kardashian: 307m 11. 🇺🇲 Nike Yes: 304m 12. 🇨🇦 Justin Bieber: 293m 13. 🇺🇲 Kendall Jenner: 292m 14. 🇺🇲 Taylor Swift: 283m 15. 🇺🇲 National Geographic: 282m 16. 🇮🇳 Virat Kohli: 270m17. 🇺🇲 Jennifer Lopez: 251m 18. 🇺🇲🇹🇹 Nicki Minaj: 228m 19. 🇧🇷 Neymar: 224m 20. 🇺🇲 Kourtney Kardashian: 222m 21. 🇺🇲 Miley Cyrus: 215m 22. 🇺🇲 Katy Perry: 205m 23. 🇺🇲 Zendaya: 182m 24. 🇺🇲 Kevin Hart: 179m 25. 🇺🇲 Cardi B: 166m (Forbes, 2024)

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#MorningUpdates: 1. Hornbill Orchid in talks to lead PW (PhysicsWallah)'s $150-mn funding at $2.8 bn valuation2. Carlyle-promoted Hexaware Technologies files for Rs 9,950 cr IPO, India's biggest in IT services and enterprise tech space3. BYJU’S auditor BDO quits citing lack of transparency from management4. Delhi court denies bail to Amit Kumar Bansal in BharatPe fraud case5. bigbasket.com’s revenue crosses Rs 10,000 Cr in FY246. Zepto Kicks Off Discussions With Bankers For Over $450 Mn IPO By Aug 20257. Anil Ambani’s Reliance Infrastructure Eyes EV Foray, To Make Electric Cars & Batteries8. BYJU’S owes Rs 1,400 crore to Aakash, IBBI filing shows

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