Back

Top news of the day: 1. Investment platform Groww has confidentially filed IPO documents with SEBI, planning to raise between $700 million to $1 billion. 2. Awfis appointed Sumit Lakhani as CEO, succeeding Amit Ramani, who remains chairman and managing director. 3. JSW Paints plans to acquire a 74.76% stake in AkzoNobel India from its Dutch parent company for $1.1 billion, valuing the Indian unit at about INR 12,000-12,200 crore. 4. BYJU'S has temporarily removed its app from the Google Play Store amid insolvency issues and ongoing financial troubles. 5. NVIDIA has launched the Llama Nemotron Nano 4B, an open-source language model optimized for edge devices, focused on scientific and technical reasoning. 6. Gaming and sports media firm Nazara Technologies reported a 95% year-on-year rise in operating revenue for Q4 FY25 7. Drools Pet Food Private Limited claims it has become India’s first pet food unicorn following a minority investment by Nestlé S.A., the parent company of Nestlé India. 8. Digital payments firm Infibeam has reported a 62% increase in revenue during the fourth quarter of the last fiscal year (Q4 FY25), while its year-on-year profit rose by 20%. 9. Zepto is working to rein in its cash burn and boost inflows, following months of aggressive spending aimed at scaling the business and competing better 10. Kisaan Se Kitchen Tak (KSKT), an Indian agri-commerce startup, has raised $1.3 million in equity and debt to expand its operations and empower over 5,000 farmers. 11. The Indian Computer Emergency Response Team (CERT-In) has issued an urgent security alert for Windows and Microsoft service users due to severe vulnerabilities affecting millions 12. Mufin Green Finance, a listed NBFC, secured $18 million in debt funding from a US institution to expand its EV financing and leasing operations. 13. India has surpassed Japan to become the fourth-largest economy globally, trailing only the US, China, and Germany. 14. Sarvam AI launched its Indic-focused AI model, Sarvam-M, aiming to compete with Western models by catering specifically to Indian languages. 15. Shraddha Kapoor-backed Palmonas set to raise Rs 55 Cr led by Vertex Ventures. 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.