Startup news and updates: Daily roundup (January 20, 2025)

The daily startup roundup highlights significant news from the Indian startup ecosystem. Among the notable updates, Wipro’s stock jumped by over 8% following positive Q3 earnings results, reflecting the company’s strong performance and growth prospects. Paytm continues to expand its international footprint with new subsidiaries in UAE, Saudi Arabia, and Singapore, signaling its global growth strategy. Additionally, new venture capital funds, including Samved Ventures and others, are investing in promising early-stage startups, further bolstering India’s entrepreneurial ecosystem. The roundup also includes insights into key funding rounds and corporate developments.