Back

Top News of the day : 1. Google settled a case with the Competition Commission of India (CCI) concerning unfair practices in the Android TV market, paying Rs 20.24 crore. 2. Unacademy CEO Gaurav Munjal has shared an update on the company’s financial and operational performance. According to Munjal, Unacademy has reduced its cash burn in the core business from over Rs 1,000 crore annually three years ago to under Rs 200 crore this calendar year 3. Certus Capital, a real estate investment firm, has ventured into the Hyderabad residential market and established a gross investment target of Rs 1,200 crore for the fiscal year ending March 2026. 4. ITC Ltd is acquiring the remaining 73.5% stake in Mother Sparsh Baby Care Pvt. Ltd., a direct-to-consumer company specializing in premium ayurvedic and natural baby care products. 5. Elon Musk's Neuralink rival Precision Neuroscience got US Food and Drug Administration approval for its brain implant system's critical part, Layer 7 Cortical Interface, a high-resolution cortical electrode array. 6. The All India Council for Technical Education (AICTE) has partnered with IG Drones to establish drone Centres of Excellence in 50 Indian engineering colleges. 7. KKR, I Squared Capital, and Investcorp are among global asset managers bidding for Abu Dhabi's district cooling business, PAL Cooling Holding (PCH), owned by Multiply Group. 8. Ola's AI arm Krutrim has denied reports of planning a $300 million fundraise. 9. Netflix's shares rose by about 3% after its optimistic annual revenue outlook eased investor concerns over potential economic downturns due to tariff issues 10. Pagarbook is raising Rs 10 crore (approximately $1.2 million) in its Series A5 round from Peak XV Partners, at a valuation of Rs 163 crore — representing an 85% drop from its previous funding round. 11. SolarSquare, a rooftop solar panel provider backed by investors like Lightspeed Venture Partners and Elevation Capital, nearly doubled its revenue in the financial year ending March 2025. 12. Nykaa, a beauty e-commerce platform, allotted 17,010 equity shares under its ESOP scheme, marking this year's second allocation 13. Investment firm Eversource Capital has made a non-binding offer to buy ride-hailing startup BluSmart for around ₹850 crore, CNBC-TV18 reported. 14. Ivory, a brain health startup, has raised $1 million in a funding round co-led by IIM-A Ventures and Capital-A 15. Construction tech startup MatBook has raised $750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures. 16. BriskPe, a Mumbai-based fintech startup and a PayU-backed company, is seeking fresh capital to expand its operations. 17. KRAFTON India Gaming Incubator (KIGI) has expanded its cohort size to six studios, adding startups like Kleanup Games and Singular Scheme. 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.