Top News of the day: 1. FirstCry, led by Supam Maheshwari, will invest Rs 146 crore in its international arm, GlobalBees Brands, over 12 months. 2. Impact investor Asha Ventures is poised to secure a capital commitment from an offshore limited partner for its debut fund, launched in 2023. 3. Kotak Alternate Asset Managers Ltd is investing Rs 1,050 crore in Tirupati Medicare, facilitating a complete exit for Affirma Capital. 4. The World Economic Forum's Global Retail Investor Outlook 2024 reveals that 30% of Gen Z begin investing during university or ear 5. Aerospace startup Nabhdrishti Aerospace has raised $3 million (around Rs 25 crore) in a funding round led by Accel, along with participation from IIMA Ventures and its existing investors 6. Cult.fit has chosen banks to manage its upcoming IPO, according to a CNBC-TV18 report. 7. Direct-to-consumer (D2C) tea brand VAHDAM India has raised $3 million (about Rs 25 crore) in funding from SIDBI Venture Capital. 8. Fintech firm Mobikwik is entering the securities broking space with the launch of its wholly owned subsidiary, Mobikwik Securities Broking Private Limited (MSBPL). 9. Verse Innovation, the AI-driven company behind DailyHunt and Josh, reported a 13% decline in revenue for FY24, totaling Rs 1,261 crore. 10. SaaSBoomi has launched BoomiAI, an initiative to support founders of AI-first companies, enhancing its existing SaaS community. 11. Kotak Alternate Asset Managers Ltd, part of the Kotak Mahindra Group, is considering an investment in a machine tool manufacturing company based in South India. 12. Mahaveer Finance India Ltd, a non-banking finance company, is in discussions to bring a new investor on board. 13. Abu Dhabi's state-owned renewable company, Masdar, is considering an initial public offering (IPO) to raise funding for renewable projects 14. Gurugram-based dairy and daily essential brand Country Delight is raising Rs 212.5 crore (approximately $25 million) in its Series E round from Temasek. 15. Antithesis, a beauty and personal care brand, has raised Rs 5 crore (around $582K) in its pre-seed round co-led by Rukam Capital and V3 Ventures. 16. Google has unveiled Gemini 2.5 Pro, an advanced AI reasoning model, available to Gemini Advanced subscribers. 17. Groww in talks to raise $200 Mn in pre-IPO round 18. GreenFortune, a windows and doors brand, has raised $4.5 million in a pre-Series A round led by Foundamental. 19. Bengaluru-based Aukera Jewellery is set to raise $15 million in Series B funding led by Peak XV Partners. 20. Healthtech startup Dozee, backed by Prime Venture Partners, 3one4 Capital, among others, has raised about $8.3 million in a mix of equity and debt, sources told Inc42. 21. Fractal Analytics plans to develop India’s first Large Reasoning Model (LRM) with a project cost of ₹118.8 crore. 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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