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Top news of the day: 1. Viggo Investment, a subsidiary of Singapore's GIC, received Competition Commission of India (CCI) approval to acquire a 2.14% stake in Billionbrains Garage Ventures, owner of Groww. 2. Kissht, an online lending startup, is preparing for its initial public offering (IPO) by appointing Alok Bansal, co-founder of PB Fintech Ltd, and Sangeeta Pendurkar, CEO of Aditya Birla Fashion and Retail Ltd, as independent directors on its board. 3. CleanMax and Toyota Tsusho India have partnered to develop a 300 MW renewable energy capacity in India by 2028. 4. Swiggy has launched the '99 store' to attract price-sensitive and Gen Z customers, offering meals at Rs 99 with an 'eco saver' delivery option. 5. State-owned Solar Energy Corporation of India (SECI) has executed over 60 GW of power sale agreements for renewable energy projects within 14 years. 6. Anirudh Bose Mullick, the director of human capital at Peak XV Partners, has resigned after nearly 15 years to launch his company, Founders Fellows. 7. Sashikumar Sreedharan has been appointed as the new managing director for Google Cloud in India, succeeding Bikram Singh Bedi, who will now focus on regional strategic roles. 8. Agri start-up Eeki has secured $7 million from Sixth Sense Ventures to scale up its operations across India. 9. Zoomcar Holdings has partnered with CARS24 to enhance vehicle safety and quality in the self-drive car rental sector. 10. The Indian Railways has launched RailOne, a Super App consolidating multiple railway services, including passenger ticket booking, train status tracking, and coach position identification 11. Regtech startup Zango AI raised $4.8 million in a funding round led by Nexus Venture Partners. The funds will expand teams in Bengaluru and London and develop AI-native compliance tools. 12. Shadowfax, a hyperlocal logistics company backed by Flipkart, has filed a confidential draft red herring prospectus for its IPO, aiming to raise Rs 2,000-2,500 crore, with about half in primary shares. 13. Omega Seiki Mobility (OSM) is emerging as a key player in India's electric vehicle (EV) sector, focusing on commercial electric three-wheelers. 14. Rapido plans to pilot its food delivery service, Ownly, in Bengaluru's Koramangala, HSR, and Sarjapur areas, targeting ten cities by next July. 15. Tata Sons has appointed Puneet Chhatwal and Sunil DโSouza to Tata Digital's board to enhance its consumer business expertise after Naveen Tahilyani's departure. 16. Automotive spare parts aggregator Garaaz has raised Rs 4.55 crore (around $530K) in its seed round from GVFL. 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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