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Top News of the Day: 1. OpenAI and its investor Microsoft internally defined AGI as an AI system that could generate at least $100 billion in profits for the startup 2. Zoho CEO Sridhar Vembu has said that Indians need to develop "deep capabilities" in India to earn "true respect" in the world. 3. Ola Electric's shares fell 4.6% after the resignations of two senior executives, CTO Suvonil Chatterjee and CMO Anshul Khandelwal, amid a wider leadership exodus. 4. NumberOne Academy, an enablement platform focused on empowering SME entrepreneurs, has raised an investment of Rs 3 crore in a pre-seed funding round led by T.I.G.E.R Santosh Nair. 5. Pristyn Care, a surgery-focused hospital chain, recorded over Rs 600 crore in revenue for the fiscal year ending March 2024. 6. Mswipe struggles with growth in FY24, reports Rs 46 Cr loss 7. Blinkit has expanded its quick commerce services to Jammu, marking its entry into the city. 8. In 2024, PhonePe showcased its growth as a fintech super app, crossing INR 5,000 Cr in revenue while maintaining a leading UPI market share. 9. Srinivas Yanamandra, the Head of Compliance at Paytm, has resigned from his position. 10. Blume Ventures, a Mumbai-based venture capital firm, is collaborating with Dubai-based NB Ventures to create a $50 million investment fund targeting IPO-bound startups in India. 11. Guestara, NumberOne Academy, and Flo Mobility have secured early-stage investments. Guestara, an AI-driven guest management platform, raised $500,000 to enhance product development and expand hotel partnerships. 12. DBS Bank appointed Rajat Verma as CEO of DBS Bank India, effective March 1, succeeding Surojit Shome who retires in February. 13. The Indian economy is showing resilience, with a projected GDP growth of 6.6% in 2024-25, driven by rural consumption, government investment, and strong services exports, according to an RBI report. 14. Jitendra Bagga has resigned as Vice President of Central Operations at Zepto after just nine months. 15. The "Grand Theft Auto 6" trailer has set new benchmarks on YouTube, breaking multiple Guinness World Records since its release on December 5, 2023. 16. Japanese footwear brand Onitsuka Tiger, a part of Asics Corporation, is considering India as a manufacturing hub to enhance its regional growth. 17. Samhi Hotels Ltd is transforming old office buildings into luxury hotels, a trend initially seen in the US and China.' 18. Kedaara Capital, an Indian private equity firm, has promoted two senior executives, Rishiraj Khajanchi and Anant Gupta, to partner roles. 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.