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Top news of the day: 1. Varda Space Industries has secured $187 million in funding from firms like Natural Capital and Shrug Capital to boost robotic drug manufacturing in space. 2. Think and Learn, facing insolvency, has sued Dubai-based More Ideas General Trading for Rs 1,597 crore over alleged unpaid dues. 3. NPCI International Payments Ltd (NIPL) is expanding the Unified Payments Interface (UPI) acceptance in the UAE to enhance digital payments, collaborating with local partners to provide seamless transactions. 4. Linda Yaccarino, joined X, formerly Twitter, to stabilize its business amid a rebranding crisis. Under Elon Musk, X aimed to become an "everything app," expanding features but faced declining usage and advertising revenue due to controversial statements. 5. Fintech company iCapital has been valued at over $7.5 billion following a recent funding round led by T. Rowe Price and SurgoCap Partners, raising over $820 million. 6. Neurofin, an AI-driven platform, raised $1.6 million in seed financing led by UNLEASH Capital to modernize India's banking sector 7. India's quick-commerce sector, featuring platforms like Blinkit and Instamart, saw a surge in order value, reaching Rs 64,000 crore in FY25, more than doubling from Rs 30,000 crore the previous year, as per Careedge Ratings 8. In 2024, Indian startup exits were dominated by IPOs, contributing 68% due to high public market valuations 9. Lenskart plans to increase CEO Peyush Bansal's stake by issuing additional shares, reflecting a trend among tech firms to reward founders before IPOs. 10. Oyo has teamed up with travel platform Yatra to enhance its business travel offerings, especially in major Indian hubs like Delhi-NCR, Mumbai, and Bengaluru. 11. Arteria Technologies, a Bengaluru-based SaaS company, raised Rs 100 crore in Series B funding from ICICI Venture. 12. LVX has rebranded from LetsVenture to streamline private market offerings into three segments: LVX Start for early-stage investments, LVX Grow for growth-stage capital raises and secondary transactions, and LVX School for investor education. 13. Reslink, a New Delhi-based greentech startup, aims to boost India's renewable energy sector by minimizing dependency on China. 14. Enterprise e-commerce startups, like Flipkart Wholesale and Moglix, are enhancing their delivery capabilities to offer quicker services, such as same-day and next-day deliveries. 15. Indian crypto exchange CoinDCX has appointed Amol Wanjari as Head of Engineering and Sangeeth Aloysius as Head of Product. 16. OpenAI has completed its $6.5 billion acquisition of io Products Inc., co-founded by former Apple designer Jony Ive 17. Ikea is integrating the Matter standard to simplify its smart home ecosystem, planning to release over 20 Matter-over-Thread devices like smart lights, sensors, and remotes from January. 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.