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Top News of the day: 1. Online beauty and fashion platform Nykaa reported strong growth in Q4 FY25, with its revenue from operations rising 24% year-on-year and profits surging 90% during the quarter ending March 2025. 2. India's economy experienced a growth rate of 7.4% during the January-March quarter, marking its fastest expansion in a year 3. DiFACTO, a robotics and automation firm backed by Stakeboat Capital, acquired RoboFinish from Grind Master, enhancing its robotic manufacturing capabilities 4. Unbound, a startup focused on AI infrastructure, has raised $4 million in funding led by Race Capital. 5. KiranaPro, under its BLACK platform, has acquired Likeo, a startup specializing in augmented reality try-ons, to launch India's first virtual trial room for Gen Z shoppers. 6. The Indian government plans to acquire an additional 14,000 GPUs as part of the IndiaAI Mission, aiming to enhance its AI infrastructure with a focus on indigenous AI models. 7. Oxyzo Financial Services Ltd, backed by Alpha Wave and Tiger Global, is planning a Series B funding round after its assets under management exceeded $1 billion. 8. Toyota has invested $250 million to acquire a 15.3% stake in Joby Aviation, causing Joby's shares to rise by 28%. 9. PayU Payments has enhanced its board with three new directors following final RBI authorization as a payment aggregator 10. Grammarly has secured $1 billion in growth financing led by General Catalyst. 11. Zerodha Capital, the lending arm of stockbroker Zerodha, posted a net profit of Rs 12.5 crore in the previous fiscal year ending March 2025 from Rs 7.2 crore in FY24. 12. Yatra's profit surged 2.7 times in Q4 FY25, with revenue doubling year-on-year. Revenue from operations increased to Rs 219 crore in Q4 FY25 from Rs 108 crore in Q4 FY24. 13. Generative AI startup Neysa raised $30 million in its Series A round led by NTT Venture Capital with the participation of Nexus Venture Partners, Z47, and others. 14. India's Unified Payments Interface (UPI) dominated the digital economy in FY 2024-25, accounting for 84% of total retail payments, per the RBI's report. 15. Gentari Green Mobility, part of Malaysian oil giant Petronas, is capitalizing on India's burgeoning electric vehicle (EV) market, which saw a 27% sales increase, reaching 1.95 million units in 2024. 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.