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Top News of the Day: 1. Nykaa, a beauty and wellness brand, is aiming to provide faster delivery for select high-demand beauty products, with a delivery window of 30 minutes to 2 hours. 2. Funstop Games has successfully secured $5 million in its Series A funding round, with 360 ONE Asset leading the investment. 3. Food delivery giant Swiggy's IPO was subscribed 3.59 times by the end of its book building process, with strong demand from Qualified Institutional Buyers. 4. Nykaa revenue grows 24.4% Y-o-Y to Rs 1,874 Cr in Q2 FY25 5. Elon Musk's Starlink may be granted a license in India if it adheres to government conditions and addresses security concerns, according to Union telecom minister Jyotiraditya Scindia. 6. The logistics company, BlackBuck, raised INR 501.33 Cr from anchor investors in a recent round. 7. Glas Trust and other creditors have requested the National Company Law Tribunal (NCLT) to remove BYJU'S RP Pankaj Srivastava, a plea that has been supported by Aditya Birla Finance. 8. Razorpay is launching a program to invest $1 million in early-stage B2B startups each year. 9. Apple has released the third developer beta for iOS 18.2, which will bring AI features to iPhones. 10. Meta Platforms is planning to offer European users of Facebook and Instagram the option to receive "less personalized ads" in response to pressure from regulators. 11. AI SaaS Startup Ennoventure Bags $8.9 Mn From Tanglin Venture Partners 12. Shares of Indian food and grocery delivery company Swiggy saw a 7.7% increase in pre-open trade after its $1.4 billion initial public offering was oversubscribed by more than three times. 13. Prosus, the largest investor in Tencent Holdings, has earned over $2 billion from its investment in Indian food delivery platform Swiggy. 14. FSN E-Commerce Ventures, the parent company of Nykaa, has appointed Abhijeet Dabas as the EVP and Business Head of fashion eCommerce. 15. Nazara, an Indian gaming company, has launched gCommerce, an in-game monetisation platform. 16. Sharad Gupta, previously an executive at Swiggy, has been appointed as the Senior Director - Products at GoKwik. 17. InShorts posts flat revenue in FY24, net loss falls 26% to Rs 228 crore 18. Nykaa Ropes In Former Cars24 Executive As Business Head For Fashion 19. Physics Wallah’s School Of Startups Unveils Second Aarambh Cohort 20. Mumbai-based IT solutions provider LTIMindtree has opened a new facility in Houston to enhance collaboration with local clients. 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.