26th January 2023

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PhonePe Raises $350 Mn From General Atlantic, Joins India’s Decacorn Club.

Payments and financial services unicorn PhonePe has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion, making the Walmart-owned start-up the most-valued financial technology (fintech) player in India. The investment is the first tranche of the company’s latest fundraise that could see marquee global and Indian investors put in up to $1 billion in the fintech firm. With this funding round, the home-grown digital payments start-up has more than doubled its valuation — from $5.5 billion in 2020. With a $12-billion valuation, it has joined the decacorn club.

Which of the following company recently joined India’s decacorn club after raising $350 mn from General Atlantic?

Assam CM Nominated Charaideo Maidam to Seek UNESCO World Heritage Tag.

Assam Chief Minister Himanta Biswa Sarma announced that the Centre has nominated the maidams of Ahom Kingdom in Charaideo to seek a UNESCO World Heritage Site tag. The historic maidams of Ahom Kingdom in Charaideo were chosen out of 52 sites for the UNESCO World Heritage Site tag.

The Maidams of Ahom Kingdom in Charaideo if selected as a UNESCO World Heritage site will be the first World Heritage site under the category of cultural heritage in northeastern India. CM Himanta Biswa Sarma also informed that the nomination of the Charaideomaidams comes at the time when India is celebrating the 400th birth anniversary of LachitBarphukan. LachitBarphukan was the legendary general from the Ahom community who fought the Mughals in 1671.

How many Maidams have been explored in India?

Himachal Pradesh targets to be first ‘green energy state’ by 2025.

The Himachal Pradesh government intends to make the state as the first Green Energy State by the end of 2025 by harnessing hydro, hydrogen and solar energy and switching to green products. The State is projected as a Power State in the Country and under the visionary leadership of Chief Minister Thakur Sukhvinder Singh Sukhu, the state government is resolute to promote, develop and harness optimally, the huge energy potential of the State.

The Himachal Pradesh government intends to make the state as the first Green Energy State by the end of _______.

American India Foundation Inaugurated First STEM Innovation and Learning Center in Chennai.

The American India Foundation (AIF) inaugurated India’s first STEM Innovation and Learning Center (SILC) in the presence of the Minister for School Education, Thiru Anbil Mahesh Poyyamozhi. STEM Innovation and Learning Center is inaugurated under the scheme of VanavilMandram at the Government Higher Secondary School, MMDA Colony, Chennai.

Who inaugurated the first STEM innovation and learning center in Chennai?

An Seyoung Won Women’s singles final at India Open Badminton Championship.

Korean sensation An Seyoung wins the women’s singles final in the India Open Badminton Championship held at D. Jadhav Indoor Stadium in New Delhi. An Seyoung defeated the World No. 1 Japanese Akane Yamaguchi 15-21, 21-16, and 21-12 at the India Open Badminton Championship.

Who won the women’s singles final in the India Open Badminton Championship?

Punjab CM Bhagwant Mann Launched ‘School of Eminence’ Project.

Punjab Chief Minister Bhagwant Mann launched the ‘School of Eminence’, an ambitious project of the Punjab government. CM Bhagwant Mann noted that it is a revolutionary step towards ensuring a bright future for students. The Punjab government fixed a budget of Rs 200 crore for the ‘School of Eminence’ project.The ‘School of Eminence’ project aims to rejuvenate education in government schools and ensure the holistic development of students. Under the ‘School of Eminence’ project the Punjab government will upgrade 117 government schools in 23 districts with special emphasis on classes 9 to 12.

Chief Minister Bhagwant Mann launched the ______ project to rejuvenate education in government schools and ensure the holistic development of students in Punjab.

“India’s Knowledge Supremacy: The New Dawn” Book Written by Dr Ashwin Fernandes released.

A book titled “India’s Knowledge Supremacy: The New Dawn” Written by international Indian expat, Dr Ashwin Fernandes has released globally. This book was launched by Honourable Minister of Education of India Shri Dharmendra Pradhan, at an event at Dr Ambedkar International Centre. This New book launched focuses on India’s knowledge supremacy, journey showcasing changing trends in newly emerging India.

Book is Written by international Indian expat, Dr Ashwin Fernandes, who heads QS Rankings in Middle East, Africa and South Asia, who states that this book deep dives into the shifts in higher education that India has faced since ancient times.

A book titled “India’s Knowledge Supremacy: The New Dawn” Written by international Indian expat, ________ has released globally.

CM Naveen Patnaik Inaugurated ‘International Craft Summit’ in Odisha.

Chief Minister of Odisha, Naveen Patnaik inaugurated an ‘International Craft Summit’ in Jajpur. The International Craft Summit is the first-of-its-kind craft summit to feature pioneer craftspersons, culture, and art enthusiasts. CM Naveen Patnaik addressed the inaugural event of the International Craft Summit virtually and noted that it is a historic occasion for Odisha.

In which state ‘International Craft Summit’ has been inaugurated?

PM Modi Pays Tribute Netaji, to Name 21 Andaman Islands After Param Vir Chakra Awardees.

On Parakram Diwas, Prime Minister Narendra Modi participate in a ceremony to name 21 largest unnamed islands of Andaman & Nicobar Islands. The islands would be named after the 21 Param Vir Chakra awardees. The historic significance of the Andaman & Nicobar Islands and to honour the memory of Netaji Subhas Chandra Bose, Ross Islands was renamed as Netaji Subhash Chandra Bose Dweep by the Prime Minister during his visit to the Island in 2018.

Prime Minister Narendra Modi participate in a ceremony to name ______ largest unnamed islands of Andaman & Nicobar Islands.

International Day of Education celebrates on 24 January 2023.

The United Nations General Assembly has proclaimed 24 January as International Day of Education, in celebration of the role of education for peace and development. Education plays a key role in building sustainable and resilient societies. Providing quality education for all is of utmost importance for the creation of a peaceful and prosperous world. Moreover, education gives people the knowledge and skills they need to grow as human beings. The fifth International Day of Education will be celebrated on 24 January 2023 under the theme “to invest in people, prioritize education”.

The United Nations General Assembly has proclaimed ________________as International Day of Education.