Meta Q2 profit rises to $7.8 billion💸
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Tech Updates
Meta Q2 profit rises 16% to $7.8 billion as ad sales rebound
Dunzo’s business in free fall amid severe cash flow issues
Credit better bet for fintech eyeing expansion: PBFintech's Yashish Dahiya
Netweb Technologies shares list at 89% premium over IPO price
SaaSBoomi slashes startups’ enterprise value forecast for 2030 by 50%
9UNICORNS launches PROSTAR, an exclusive fundraising event for growth-stage companies
Govt will help to build ecosystem for chip manufacturing: Rajeev Chandrasekhar
Parliament committee wants to focus on potential unfair practices by digital companies
Funding Deals
Telecom startup Wiom has scooped Rs 140 crore (approximately $17 million) in a Series A round led by RTP Global.
SaaS based customer experience platform Kapture CX has raised $4 million in a Series A led by Cactus Venture Partners (CVP).
Kerala-based banana chips brand Beyond Snack has raised $3.5 million in a pre-Series A round from NABVENTURES Fund.
LeRemitt, a cross-border platform that streamlines financial transactions, has raised $1.25 million in a seed round led by Axilor Ventures.
B2B commerce enabler Beyobo has raised Rs 5.5 crores in a pre-Series A round led by Inflection Point Ventures.
Consumer cloud computer developer Selligion Technologies has secured Rs 5 crore in a pre-Series A round. Malpani Venture is leading the round with an investment of Rs 3 crore, with the remaining investment being contributed by entrepreneurs, venture capitalists, and investors from India, Singapore, and USA.
Tweet of the day🐥
“In life you are either a passenger or a pilot, it's your choice.”
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