Top News of the Day: 1. Karnataka is set to host the Invest Karnataka 2025—Global Investors Meet, expecting Rs 10 lakh crore in investment commitments. 2. Triton Investment Advisors, an early-stage venture capital firm in Mumbai, announced the first close of its second fund, raising Rs 120 crore, half of its Rs 240 crore ($28 million) target. 3. Saudi Arabia-based Suhail Ventures, founded last year, has initiated a $50 million fund aimed at supporting early-stage, tech-focused startups within the country and the broader Middle East region. 4. BorderPlus, a new-age cross-border workforce mobility platform, has raised Rs 60 crore ($7 million) in a funding round led by Owl Ventures, and participation from entrepreneurs including Binny Bansal, Mi 5. Voler Car Limited is set to launch its SME initial public offering (IPO) on February 12, 2025, aiming to raise Rs 27 crore (approximately $3.2 million). 6. Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. 7. Finnable’s board has approved a special resolution to issue 92,831 preference shares at an issue price of Rs 3,290.95 each, raising Rs 30.55 crore, according to its regulatory filing accessed from the RoC. 8. While the Reserve Bank of India (RBI) tightens regulations around the peer-to-peer (P2P) lending space, with the impact expected to be seen in FY25 and FY26, the sector’s poster child, LiquiLoans, has experienced 3.4x growth in the fiscal year ending March 2024. 9. Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52% 10. Finvolve, a venture capital firm, plans to invest Rs 300-350 crore in 2025, targeting 40-45 startups across various stages, including seed, pre-seed, and growth. 11. Cheese products company Crèmeitalia raised Rs 18 crore in Series A funding, led by Amit Jatia Family Office, to scale operations and distribution. 12. Tracxn profit drops 36% in Q3 FY25 amid flat revenue The stagnant revenue and a nearly 10% increase in overall costs caused Tracxn's profits to drop significantly by 36%, falling to Rs 1.41 crore in Q3 FY25 from Rs 2.21 crore in Q3 FY24. 13. The Unified Payments Interface (UPI) achieved a significant milestone in January, processing nearly 17 billion transactions valued at Rs 23.48 lakh crore. 14. Motilal Oswal Alternates (MO Alts), the private equity division of Motilal Oswal Financial Services, is reportedly leading the initiative to invest in a local fizzy drink brand. 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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