Top News of the Day: 1. Motilal Oswal Mutual Fund sold 2.8 crore shares of foodtech major Zomato in a block deal worth INR 645.8 crore. 2. Dharana Capital, an India-focused investment firm, has invested $50 million in Urban Company through a secondary transaction 3. The US Commerce Department plans to award Taiwan's GlobalWafers with up to $400 million in grants to expand the production of silicon wafers 4. Ninecamp Ventures, a new generation food and beverage firm, has raised $2 million (Rs 16 crore) in its seed round from notable angels and non-institutional investors. 5. Kalpavriksh Fund exits The Ayurveda Experience with over 6x returns 6. Indian non-banking financial company Seeds Fincap has secured $8.5 million in Series A funding from investors including Lok Capita 7. EU court rejects ByteDance's challenge against EU gatekeeper label 8. Fintech Startup Getepay Ropes In Cricketer Virender Sehwag As Investor 9. Nazara Subsidiaries Receive Tax Notices Worth INR 1,119.93 Cr 10. Consumer lighting company Corvi LED has raised $8 million in a growth capital round led by Enam Investments. 11. Alok Misra, COO of General Atlantic India, is stepping down from his position after almost 11 years. 12. Gemini, Google's suite of multimodal AI models, has gained popularity among developers, with over 1.5 million users worldwide. 13. Boon, a water tech startup, has raised $5 million in funding led by Roca Group Ventures. 14. Paytm, a leading Indian digital payments and financial services company, has issued new stock options worth over INR 28.14 lakh 15. Elon Musk announced that he will move the headquarters of SpaceX and X to Texas following a controversial new California law. 16. Robotaxi to open door for $10 million revenue opportunity for Elon Musk’s Tesla 17. Indian fintech startup Multipl has secured $1.5m in a funding round led by Blume Ventures and MIXI Global Investments. 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.
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