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Top news of the day: 1. Amazon Web Services (AWS) has launched the AWS Space Accelerator (APJ 2025), a 10-week program to support 40 early and growth-stage space-focused startups in India, Australia, New Zealand, and Japan. 2. Smartworks, a Gurugram-based coworking space operator, plans to use Rs 114 crore from its upcoming IPO to reduce its Rs 382 crore debt as of April-end. 3. India plans to introduce a "Battery Passport" system for electric vehicles (EVs), providing detailed digital information about batteries via QR codes. 4. Ola Electric is rolling out the MoveOS 5 software upgrade for its S1 scooters and Roadster X motorcycles. 5. In June 2025, electric vehicles (EVs) made up over 60% of three-wheeler sales in India, according to the Federation of Indian Automobile Dealers Associations (FADA). 6. App attribution and analytics platform (MMP) Linkrunner has raised Rs 5 crore in a pre-seed funding round led by Titan Capital along with participation from angel investor Samir Sood and early-stage venture firm 2AM.VC. 7. Sai Parenterals, a Hyderabad-based pharmaceutical manufacturer, secured Rs 50 crore in equity funding led by Samarsh Capital and others. 8. Ilya Sutskever, OpenAI's former chief scientist, is launching Safe Superintelligence Inc. (SSI) with a focus on developing safe AI systems 9. Huspy, a UAE-based proptech startup, is transforming the digital home-buying experience by simplifying the mortgage and property listing processes. 10. Qoruz, a creator intelligence and collaboration platform, has secured $500K of funding from The Chennai Angels as part of its ongoing pre-Series A round, which is targeted at $1 million 11. Diagnostics platform Redcliffe Labs has posted a 20% increase in its operating revenue to Rs 419 crore in FY25 from Rs 350 crore in FY24 and managed to narrow its EBITDA losses, as per the company’s press release. 12. Tracxn, a listed market intelligence platform, has approved a stock buyback program worth INR 8 crore 13. Credit Wise Capital, a non-banking financial company focusing on two-wheeler and MSME lending, raised Rs 200 crore in its first institutional funding round led by Trident Growth Partners. 14. E-Vega Mobility Labs, founded in 2019, addresses the gap in EV servicing with EV Doctor, an AI-powered device diagnosing battery health within 15 minutes. 15. Fi Money has launched the first Model Context Protocol (MCP) Server, enabling users to connect their comprehensive financial data with AI assistants like ChatGPT and Gemini. 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.