Back

Top News of the day: 1. Ather Energy plans to raise Rs 2,626 crore in its upcoming IPO by reducing the fresh issue size from Rs 3,100 crore. 2. Defence technology startup Vayudh has raised $10 million in a new round led by Dharana Capital. 3. Uniqus Consultech has secured $20 million in Series C funding led by Nexus Venture Partners and Sorin Investments. 4. Setting a new benchmark in India’s healthcare sector, Pristyn Care has turned its first hospital in South Delhi profitable in less than two months, according to sources 5. Intel's results will reveal new CEO Lip-Bu Tan's strategy to reverse past missteps, amid declining sales and competition from AMD and Nvidia. 6. Commercial electric vehicle manufacturer ​​Euler Motors is raising Rs 638 crore (around $75 million) in its Series D round led by Hero MotoCorp. 7. Industry bodies, including CAIT, AIMRA, and ORA, have raised concerns over the unregulated practices of ecommerce and quick commerce companies in India, highlighting issues like predatory pricing and deep discounting. 8. Eyewear brand ClearDekho has been acquired by the Jaipuria Group. 9. Cloud kitchen company Rebel Foods, which is set for a public-market listing in 2025-26, has reportedly raised $25 million (about Rs 212.71 crore) from Qatar Investment Authority 10. A91 Partners has announced the final close of its third fund at $665 million. 11. Poshs Metal Industries, a company that specializes in auto-grade flat steel processing, has raised Rs 43 crore ($5 million) in a funding round led by Aavishkaar Capital. 12. DevAssure, a dev-tools startup, has raised an undisclosed amount of investment in a pre-seed round led by Eximius Ventures. 13. Devyani International Ltd, a significant operator of franchise restaurants like KFC, Pizza Hut, and Costa Coffee, plans to acquire a majority stake in Sky Gate Hospitality, which runs 'Biryani by Kilo', through regulatory agreement. 14. Ugro Capital Ltd, founded by Shachindra Nath, is reportedly in merger discussions with a private-equity-backed non-bank financial company to expand its business operations. 15. Uniqus Consultech, a global consulting firm, has raised $20 million in its Series C round led by Nexus Venture Partners with participation from Sorin Investments. 16. British self-driving startup Wayve has opened a new testing and development center in Japan, marking its first expansion into Asia. 17. Thiruvananthapuram-based direct-to-consumer (D2C) fashion brand MyDesignation has raised $1.25 million (approximately Rs 10.7 crore) in its seed funding round led by Multiply Ventures, with participation from Veltis Capital, Sattva Ventures, Dominor Investment Holdings, and Green Trunk Ventures. 18. Bluesky has introduced a verification system similar to blue ticks on other social media platforms. 19. 360 One WAM Ltd, supported by Bain Capital, has announced it will acquire the Indian onshore wealth management business of Switzerland's UBS for Rs 307 crore ($36 million). 20. Manufacturing unicorn Zetwerk is planning to go public within 12 to 24 months, aiming to improve productivity and profitability. 21. Yulu, a shared mobility startup, is in talks to raise $75-80 million to leverage quick commerce growth. 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.