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Top News of the day: 1. Urban Company has received shareholder approval for an IPO to raise Rs 528 crore in fresh capital. 2. Bower raises Rs 11.5 Cr in seed round Bower School of Entrepreneurship has raised Rs 11.5 crore ($1.33 million) in seed funding from High-Net-Worth Individuals (HNIs) and Astir Ventures. 3. Drive FITT, a membership-based sports club designed around cricket, fitness, and recovery with cutting-edge technology, has raised an undisclosed amount from Australian cricketer Glenn Maxwell. 4. Interactive spiritual-tech platform AskMyGuru has raised $1.2 million in a seed funding round led by interactive media and gaming VC fund Lumikai, which invested $800K, along with participation from MPL and select angels, including ex-Match Group Americas CEO Amarnath Thombre 5. NimbusPost, a logistics technology platform and wholly owned subsidiary of Xpressbees, has announced the appointment of Irwin Anand as the company’s new Chief Executive Officer (CEO). 6. Cleartrip appointed Manjari Singhal as Chief Growth and Business Officer, succeeding Anuj Rathi who led significant company growth and campaigns. 7. BYJU’S Alpha has sued BYJU'S founder, co-founder, and an advisor, accusing them of orchestrating a fraudulent scheme to misappropriate $533 million in loan proceeds. 8. Former Facebook director Sarah Wynn-Williams testified before US senators, revealing Meta's practice of targeting teenagers with ads based on their emotional state, such as when they felt low or insecure. 9. Xindus, a Gurgaon-based trade-enablement startup for SMEs, secured $10 million in funding led by 3one4 Capital and Orios Venture Partners. 10. Mosaic Wellness, the parent firm of Man Matters, Boywise, and Little Joys, has raised Rs 175 crore (approximately $20 million) from Think Investment in a new round. 11. WestBridge Capital has led a $60 million funding round for Tessell, a database-as-a-service startup. 12. Ninjacart streamlines India’s fresh produce supply chain by directly connecting farmers to retailers, cutting out middlemen and reducing waste. 13. Navjit Gill, India head of Gentari, the clean energy platform of Malaysian oil and gas giant Petronas, has resigned effective immediately after less than two years. 14. UK-listed fintech firm Wise is expanding in India by hiring hundreds over the next few years, setting up a tech hub in Hyderabad, and introducing features for small businesses to receive foreign payments more easily. 15. Flipkart's quick commerce unit, Minutes, plans to expand its network to 800 dark stores by the end of 2025, revealed CEO Kalyan Krishnamurthy. 16. Google for Startups has launched the third cohort of its Growth Academy: AI for Health programme to support early-stage companies using AI to address healthcare challenges across Europe, Africa, and the Middle East. 17. In a notable achievement, IndiGo became the world’s most valuable airline, briefly reaching a market capitalization of $23.24 billion, surpassing giants like Delta and Ryanair. 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.