Top news of the day: 1. VentureSoul Partners, a Mumbai-based venture debt firm, is planning to complete its fundraising exercise for its first debt fund, having already supported six companies 2. Bitcoin has experienced a significant price surge, driven by strong institutional interest and increased investment via spot ETFs, boosting its value by nearly 10% in five days. 3. The Indian rupee experienced a significant weekly decline due to escalating conflict between India and Pakistan, which affected local equities and sovereign bonds. 4. Swiggy reported a quarterly loss of 10.81 billion rupees, nearly doubling from the previous year's 5.55 billion, due to increased spending on its quick commerce business to compete with rivals like Blinkit and Zepto. 5. Swiggy posts Rs 4,410 Cr revenue in Q4 FY25, Instamart grows 115% 6. Alphabet Inc.'s shares experienced a significant decline, losing $120 billion in market value, as revealed competition risks in its search business due to AI advancements emerged. 7. PayU appoints Shailesh Paul as CEO of Wibmo. Digital financial services provider PayU has appointed Shailesh Paul as the Chief Executive Officer (CEO) of Wibmo, the companyโs paytech division. 8. Microsoft has banned its employees from using the Chinese AI app DeepSeek due to concerns over data security and censorship. 9. Paris-based AI startup Mistral has launched Mistral Medium 3, a new AI model for enterprise use, outperforming rivals like GPT-4o. 10. US-based asset management company Vanguard has marked down Olaโs valuation to $1.25 billion, according to a SEC filing in the US. 11. IndiaMART InterMESH Ltd has acquired the remaining shares of Livekeeping Technologies Pvt Ltd, a SaaS firm, for Rs 26.78 crore, making it a wholly owned subsidiary. 12. The Government of India has expanded the Credit Guarantee Scheme for Startups (CGSS) to improve credit access for startups, aligning with the Union Budget 2025โ26. 13. X's @GlobalAffairs account was temporarily withheld in India following government orders to block over 8,000 accounts, citing legal demands. 14. Omnichannel jewellery brand CaratLane recorded 23% year-on-year growth during the fourth quarter of the last fiscal year. 15. Peeyush Ranjan, former CTO of Flipkart and ex-Google executive, has joined Mukesh Bansalโs startup incubator Meraki Labs as a partner. 16. Pet Care startup Vetic is raising Rs 224 crore or $26 million in its Series C round led by Bessemer Ventures with the participation of Lachy Groomโs firm LGF3, Acorn and JSW Ventures. 17. Indian stocks related to unmanned warfare and defense technology surged dramatically, following India's drone-led precision strikes on Pakistani military installations. 18. Infra.Market, co-founded by Aaditya Sharda, evolved from a B2B marketplace to a vertically integrated platform, producing private-label products. 19. India's startup sector is poised for major growth in 2025, driven by a 14% funding rebound and a 20-30% hiring surge. 20. Pune-based startup GreenJoules, founded in 2018, converts agricultural waste into drop-in biofuels like Abhilasha Liquid Fuel validated by IIT Chennai and meeting Euro VI norms. 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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