Top News of the Day: 1. Change Engine accelerator program to invest $5 Mn in early-stage AI startups 2. Uber has partnered with Refex Green Mobility to introduce 1,000 electric vehicles (EVs) across Chennai, Hyderabad, Bengaluru, and Mumbai by 2026. 3. Alvarez & Marsal (A&M) India has appointed Mani Singhal, a former BCG veteran, to co-lead its consumer and retail practice. 4. Ensuredit Technologies, an insurance-tech startup from Gurugram, is in discussions to raise Series A funding. 5. Mobile game publisher Felicity Games has raised $3 million (about Rs 25.8 crore) in a seed funding round led by 3one4 Capital along with participation from international investors such as T-Accelerate Capital, MIXI Global Investments, and its existing investors DeVC and Visceral Capital. 6. Admissions startup Ambitio has secured $2 million in a seed funding round led by BLinC Invest along with participation from Ritu Bapna and other investors. 7. Groww and Zerodha user base shrinks in February, PhonePe gains 8. ParkMate raises $1.2 million to expand urban parking solutions 9. Peak XV Partners has roped in Arnav Sahu, a principal at startup accelerator Y Combinator in San Francisco as a partner, say sources. 10. Emcure Pharmaceuticals has expanded its Arth range of women's health supplements, enlisting Vidya Balan as the brand ambassador. Focused on intimate care, sleep, and mental alertness, the campaign aims to empower women. 11. Roshni Nadar Malhotra becomes Indiaās richest woman after Shiv Nadar transfers 47% of his HCL shares to her. 12. QubeHealth is helping manage rising medical expenses as Uber partners with Refex Green Mobility to introduce 1,000 EVs by 2026, pursuing its zero-emission target by 2040 13. Bharti Airtel has partnered with SpaceX to offer high-speed internet services in India through Starlink 14. Coinbase has registered with India's Financial Intelligence Unit to offer crypto trading services, with plans for retail services and further investments. 15. Tech-enabled construction company Brick&Bolt is raising Rs 16.6 crore (approximately $1.95 million) in its pre-Series B round from Foundamental. 16. Zydus Lifesciences Ltd has entered the medical technology sector by acquiring an 85.6% stake in the French orthopaedics firm Amplitude Surgical SA for ā¬256.8 million. 17. Emcure Pharmaceuticals has expanded its Arth range of women's health supplements, enlisting Vidya Balan as the brand ambassador. 18. Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by offering essential resources, tools, and training to thrive in e-commerce. 19. Men's fashion brand Snitch Apparels Pvt Ltd is engaging with growth-stage investors and mid-market private equity firms to secure a Series B funding round. 20. Pragma Capital Partners, a private equity firm from Turkey's investment banking sector, has launched a $100 million fund targeting mid-sized industrial companies. 21. Chinese startup Monica has unveiled Manus, a general AI agent designed to autonomously perform various tasks like planning an itinerary and analysing stocks. 22. ixigo's board has approved ESOS 2025 with a pool of 1.2 crore stock options. 23. Kuhoo Finance, a WestBridge Capital-backed student loan fintech startup, has secured an NBFC licence from the Reserve Bank of India, permitting loans up to Rs 2 crore for various educational programs. 24. Infinite Uptime, an industrial analytics startup, raised $35 million in funding led by Avataar Ventures, with participation from StepStone Group and others. The funds will support its US market expansion. 25. Lahori Zeera has emerged as one of Indiaās fastest-growing independent beverage companies, surpassing Rs 300 crore in revenue during FY24. 26. 500 Global MENA's managing partner, Amjad Ahmad, reveals that around 3-4 of their portfolio companies in the MENA region are on track for an initial public offering (IPO) within the next two to three years. 27. Youth travel hostel brand goSTOPS has raised Rs 35 crore ($4.2 million) in its Series A round led by Blume Ventures and co-led by 1Crowd 28. Perfios, a software services provider for financial institutions, acquired CreditNirvana, an AI-powered debt management platform, marking its second acquisition in a month. 29. CoreWeave, an AI startup backed by Nvidia, secured a five-year cloud-computing contract with OpenAI, valued at $11.9 billion, ahead of its IPO. 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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