Top News of the day: 1. Fintech firm Navi plans to go public by FY26, having reached 20 million active users. 2. With Indian companies advancing in computing infrastructure, the upcoming decade is expected to be shaped by deep-tech and manufacturing-led enterprises, according to Chetan Naik from 360 One. 3. McCain India’s revenue from operations increased by a modest 3% YoY growth to Rs 1,214 crore in FY24, as per its standalone financial statements sourced from the Registrar of Companies (RoC). 4. Dubai's digital banking platform YAP secured $41 million for Middle Eastern and African expansion 5. Rural fintech startup Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round from existing investors: Unitary Fund, Mirae Asset, and Blume Ventures. 6. NuVentures' founder Venk Krishnan discusses the firm's investment strategy following the launch of their first early-stage fund, which has a corpus of $75 million. 7. India's GDP growth is projected to slow by 20-40 basis points due to new U.S. tariffs, prompting likely further interest rate cuts by the Reserve Bank of India (RBI). 8. Bistro 57, a rapidly growing vegetarian cafe chain in North India, has secured seed funding to enhance expansion efforts. 9. The Startup MahaRathi Challenge, part of Startup Mahakumbh 2025 organized by DPIIT, offers a Rs 70 crore prize pool to promote innovation in cybersecurity, AI, robotics, biotech, and more. 10. Juice brand Alienkind has raised $1.2 million in a Seed funding round at a valuation of $10 million led by notable industry veterans, including Super.money founder Prakash Sikaria, Ravi Iyer, Arpan Sheth, and others. 11. Mumbai-based Aerem Solutions Pvt Ltd, specializing in solar project financing and services, raised Rs 100 crore ($11.7 million) in Series A funding led by Japan's UTEC, along with British International Investment, SE Ventures, Riverwalk Holdings, Blume Ventures, and Avaana Capital. 12. US-based private equity firm TPG is poised to secure an investment from a prominent limited partner for its climate-focused fund, the TPG Rise Climate Global South Initiative. 13. India ranks 36th out of 170 nations on a global readiness index for frontier technologies, according to a UN report. 14. WheelsEMI Pvt Ltd, the parent company of Bike Bazaar, is balancing its expansion efforts with cost reduction and asset quality improvements. 15. Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement for a joint venture to operate Intel's chipmaking facilities, initiated by the Trump administration to revitalize Intel amidst its manufacturing setbacks. 16. The Sleep Company, an omnichannel mattress firm supported by PremjiInvest and Fireside Ventures, is planning to raise Series D equity funding. 17. Wellbeing Nutrition, a D2C health & wellness startup, is raising Rs 25 crore (approximately $3 million) in debt funding led by pharma company ACG-Capsules with the participation of Maheshwari Investors Pvt Ltd, MGB Advisors, and Atmos Finance. 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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