Back

Top News of the day: 1. British International Investment (BII) has invested $100 million in ReNew Energy’s solar manufacturing unit in India 2. India is projected to have 123 million electric vehicles (EVs) on the roads by 2032 in a best-case scenario, driven by supportive policies like the FAME-II scheme 3. Gut health startup The Good Bug raised Rs 100 crore ($12 million) in Series B funding, led by Susquehanna Asia Venture Capital, with Fireside Ventures also participating 4. Fintech firm Paytm announced its financial results for the fourth quarter of the current fiscal year (Q4 FY25) on Tuesday 5. Women’s activewear D2C brand BlissClub has raised Rs 45 crore (around $5.3 million) in a mix of debt and equity funding. The round was led by existing investor Elevation Capital. 6. OpenAI, led by Sam Altman, released a guide titled "AI in the Enterprise" to assist organizations in adopting AI tools. 7. Ather Energy, an electric two-wheeler maker, recently debuted on Indian stock exchanges, targeting growth by utilizing a capex-light retail model and appealing to value-conscious upgraders. 8. KPIT Technologies Ltd has announced plans to acquire the engineering solutions division of Caresoft Global for $191 million. 9. Korean skin clinic KorinMi has raised Rs 3 crore (around $360K) in its pre-seed round led by angel investors including Vikas Agarwal (ex-CEO, Kaya Skin Clinic, UAE) and Vivek Kumar (CEO, Venture Garage), along with other CXOs and industry leaders. 10. Insurance Samadhan, an insurance grievance redressal platform, has raised Rs 8.5 crore in a strategic funding round from a group of strategic family offices, with Innovito Ventures as the financial advisor. 11. Fuel-tech platform Nawgati, children’s snacks brand Troovy, and skincare clinic KorinMi have secured early-stage funding from various investors. 12. China is deploying its AI model DeepSeek to develop advanced warplanes, per the South China Morning Post 13. One 97 Communications Ltd, the parent company of Paytm, has announced the grant of 1,04,400 stock options to eligible employees under its existing One 97 Employees Stock Option Scheme 2019 (ESOP 2019). 14. Fuel-tech platform Nawgati has raised $2.5 million in pre-series A funding round led by Ajay Upadhyaya along with participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and other angels including Sanjay Sharma, Ashish Sharma, Prithvijit Roy, and Vivek Mathur 15. A recent update to Roku OS has caused HDR content to appear washed out on Roku TVs, impacting apps like Disney+, Apple TV+, and Netflix. 16. Troovy, a kids' nutrition-focused food brand, has raised Rs 20 crore ($2.3 million) in its pre-Series A round led by Fireside Ventures. Other investors include Sharrp Ventures, Spring Marketing Capital, and Veltis Capital. 17. Food service platforms Kouzina Food Tech has entered into a strategic agreement with Swiggy for the exclusive license of its digital-first food brands: The Bowl Company (TBC), Homely, Soul Rasa, and Istah. 18. Celcius Logistics, an end-to-end cold-chain solutions provider, has raised Rs 250 crore ($29.7 million) in its Series B funding round, evenly split between equity and debt 19. Swiggy's shares closed 12.61% high at ₹343.85 on Monday, marking the biggest single-day rise since its IPO. 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.