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Tata Digital: Tata Digital appoints Naveen Tahilyani as CEO, replacing Pratik Pal

Naveen Tahilyani is currently the CEO and MD of Tata AIA Life Insurance. He will assume the CEO role at Tata Digital on February 19. Sources said he was handpicked by Tata Sons chairman N Chandrasekaran after having demonstrated good execution in the insurance, banking and asset management business of the group.
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wishlink: Creator-focussed startup Wishlink raises $7 million from Fundamentum, Elevation Capital

Wishlink said it will use the funds to scale its core ‘fashion category by onboarding over 15,000 content creators and 1,000 brands by the end of the year. The proceeds from the current fundraise will also be used to strengthen user experience, expand into newer segments including beauty and personal care, home decor, health and fitness.
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OTO Capital: Mobility startup OTO raises $10 million led by GMO Venture Partners

OTO will use the funds raised to scale up its operations from 10 cities to 25 in the next 18 months, while increasing the number of vehicle bookings it facilitates from 5,000 per month to 15,000 per month, chief executive and cofounder Sumit Chhazed said.
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spotify: Spotify's monthly user growth, subscribers beat expectations

The music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 billion by 2030. It has also raised prices for its subscribers and laid off thousands of employees to boost profits and increase efficiency.
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TSMC: TSMC to build second Japan chip factory, raising investment to $20 billion

Taiwan Semiconductor Manufacturing Co announced plans in 2021 to build a $7 billion chip plant in Kumamoto in southern Japans Kyushu. TSMC said last month the first Japanese factory would open in February with volume production in the fourth quarter, and that the company was also exploring building a second factory in the country.
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Nykaa: Nykaa net profit doubles in Q3, operating revenue up 22% to Rs 1,789 crore

In the beauty and personal care (BPC) category, which makes up 88% of Nykaas topline, the gross merchandise value (GMV) grew at 25% year-on-year to Rs 2,370 crore, while the net sales value (NSV) grew at a slower 20% clip to Rs 1,380 crore. NSV is the value of items sold after discounts.
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