🚀 BITS Pilani to Set Up New Campus in Amaravati
🎓 One of India’s most prestigious institutions, BITS Pilani, is expanding its footprint with a brand-new campus in Amaravati, Andhra Pradesh. This move aims to foster educational excellence in southern India.
🎮 NODWIN Gaming Levels Up with ₹64 Cr Boost
💰 NODWIN Gaming, India’s top esports company, received a hefty ₹64 crore funding from parent company Nazara Technologies. This investment promises more exciting gaming tournaments and global collaborations.
📱 OnePlus Commits ₹6,000 Cr to Indian Expansion
💡 Smartphone maker OnePlus announced an ambitious ₹6,000 crore investment plan over the next 3️⃣ years to enhance its R&D, manufacturing, and customer experience in India.
🛡️ BharatPe Unveils ‘Shield’ to Guard UPI Payments
🔒 Fintech company BharatPe has introduced ‘Shield,’ a robust solution to secure UPI transactions, promising customers enhanced safety and fraud detection measures.
💸 The Money Club Bags $2.5M in Series A Funding
📊 Noida-based fintech startup The Money Club raised $2.5 million in a Series A round, boosting its mission to simplify and digitize financial services for the masses.
🩺 Neuranics Raises $700K for Diagnostics Tech
🏥 Healthcare diagnostics startup Neuranics secured $700,000, led by Inflection Point Ventures, to scale its innovative diagnostic technology and strengthen its product offerings.
💼 Paytm to Sell $250M Stake in PayPay to SoftBank
🌏 Indian fintech giant Paytm plans to sell its stake in Japan-based PayPay Corporation to SoftBank for a whopping $250 million, streamlining its international operations.
📉 RBI Cuts CRR by 50 bps to Inject Liquidity
🏦 The Reserve Bank of India (RBI) announced a 50 basis points cut in the cash reserve ratio (CRR) to 4%, releasing much-needed liquidity into the banking sector.
🚫 SEBI Bans Mishtann Foods, Orders ₹100 Cr Retrieval
📢 SEBI has barred Mishtann Foods Ltd. from raising public funds and ordered the company to retrieve ₹100 crore, citing regulatory violations.
💹 MobiKwik Trims IPO Size to ₹572 Cr
📈 Digital payments firm MobiKwik will launch its IPO from December 11–13, cutting its fresh issue size to ₹572 crore, reflecting a more strategic fundraising approach.
🧪 Orange Health Secures $12M for Expansion
🩺 Orange Health, a diagnostic service provider, raised $12 million, led by Amazon Smbhav Venture, to expand its quick diagnostic solutions across Indian cities.
💍 BlueStone’s ₹1,000 Cr IPO Gets Board Approval
✨ BlueStone, a premium jewelry brand, announced its ₹1,000 crore IPO, with the company’s CEO committing ₹75 crore as part of the plan. The IPO aims to fund its market expansion.
📦 Unicommerce Soars 5.07% After hummel Partnership
📊 Logistics SaaS platform Unicommerce saw its shares rise 5.07% after partnering with sportswear brand hummel, boosting its presence in the fashion industry.
🎥 Ranveer Singh’s Startup Gets Rainmatter Backing
🌟 Bollywood star Ranveer Singh’s SuperYou secured funding from Zerodha’s Rainmatter, setting the stage for new projects in the mental health and wellness space.
🔋 Exponent Energy Plans Bengaluru ‘e-Park’
🌿 Exponent Energy is launching an ‘e-Park’ in Bengaluru, with plans to develop 1GW battery manufacturing and R&D facilities, revolutionizing EV technology in India.
🛏️ Wakefit Records ₹66 Cr EBITDA for FY24
📈 Home solutions brand Wakefit reported an impressive ₹66 crore EBITDA for FY24, reflecting its robust growth in the furniture and home décor segment.
🎙️ RBI to Launch Informative Podcasts
📻 The RBI is stepping into the audio content space by launching podcasts to make economic updates and financial advice more accessible to the public.
🖥️ Sify’s Supreme Court Data Centre Goes Live
💾 Sify Technologies launched a state-of-the-art data centre for the Indian Supreme Court, enhancing the judiciary’s digital infrastructure.
🛍️ Nykaa Fashion CEO Steps Down
🔄 Nihir Parikh, CEO of Nykaa Fashion, resigned from his position citing personal commitments. The company is now on the lookout for a new leader to head its fashion division.
🏋️ Terractive Raises ₹8 Cr from Fireside Ventures
👕 Lifestyle activewear brand Terractive raised ₹8 crore from investors like Fireside Ventures, signaling expansion in the activewear market.
🔗 Stay tuned for more updates on funding rounds, business developments, and industry insights. 😊