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Top news of the day: 1. Netflix and Disney are integrating Runway AI's generative video technology into their production processes to enhance creativity and reduce costs. 2. Netrasemi, a Kerala-based semiconductor startup, raised Rs 107 crore from Zoho Corporation and Unicorn India Ventures. 3. MakeMyTrip has entered the global experiences market with a new booking platform, offering over 200,000 activities in 1,100 cities across 130 countries. 4. Tata 1mg reported a 20% growth in FY25 turnover to Rs 2,392 crore. Its primary entity, Tata 1mg Technologies, saw revenue of Rs 375 crore and profit after tax rise threefold to Rs 65 crore. 5. The Indian rupee halted its six-session losing streak but remained steady against the U.S. dollar, closing at 86.4050 despite the recovery of Asian currencies. 6. PVC pipes and fittings manufacturers are expected to witness a recovery in fiscal year 2023 due to robust end-user demand and a stable price environment, according to Crisil Ratings. 7. Nestle India has appointed Manish Tiwary as its new Chairman, effective August 1, 2025, following Suresh Narayanan's retirement. 8. InMobi, backed by SoftBank, plans to raise $1 billion through an IPO in Mumbai, aiming for a $5-6 billion valuation. 9. Walmart is launching AI-powered "super agents" to enhance its e-commerce operations and improve customer experience. 10. SuperK, an Andhra Pradesh-based budget retail chain, raised Rs 100 crore in a Series B funding round, co-led by Binny Bansalโs 3STATE Ventures and Mithun Sacheti. 11. Enlite, a Mumbai-based infra automation startup, raised Rs 46 crore in a funding round led by Avaana Capital, with participation from Claypond Capital. 12. BigBasket, backed by Tata Digital, saw its FY25 turnover drop due to intense competition from Blinkit and Zepto in the quick commerce market. 13. Alphabet has raised its 2025 capital spending forecast by $10 billion to $85 billion, driven by increasing demand for cloud services and competition in AI. 14. Angel One plans to partner with Singapore-based Livwell to establish a "digital-first" life insurance company. 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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Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in
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Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2
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Shark Tank India-featured food brand WickedGud has raised Rs 20 crore in a funding round led by Orios Venture Partners, with participation from Asiana Fund and existing investors. The Mumbai-based startup, which markets itself as a โbetter-for-youโ
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Semiconductor investments approved by India. 1. Micron Technology - Rs 22,516 crore - Sanand, Gujarat. 2. Tata Electronics & Powerchip - Rs 91,000 crore - Dholera, Gujarat. 3. Tata Electronics - Rs 27,000 crore - Morigaon, Assam. 4. CG Power + R
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UK-based Vodafone Group Plc is reportedly looking to invest as much as Rs 3,000 crore of equity in its Indian telecom joint venture (JV) Vodafone Idea Ltd., Moneycontrol reported. The report comes after the UK-based company announced that it had so
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Top news of the day: 1. Med-tech startup Innovodigm has raised Rs 5.5 crore in a seed funding round led by the IAN Group. IAN contributed Rs 4.5 crore, with the remaining amount invested by PadUp Ventures. 2. Ice popsicle brand Skippi has raised Rs
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