📰 *Breaking Even(ish) Digest* 📰 - *Swiggy to Invest ₹1,000 Crore in Subsidiary Scootsy*: Food delivery giant Swiggy has announced plans to invest ₹1,000 crore in its subsidiary Scootsy to expand its business operations. This investment aims to enhance Scootsy's logistics and delivery capabilities, positioning it as a key player in the hyperlocal delivery segment. - *Zomato Joins Nifty 50 Index*: In a major reshuffle, Zomato and Jio Financial Services will replace Britannia and BPCL in the Nifty 50, effective March 31, 2025. This marks a milestone for Indian tech startups, with analysts estimating $620 million in inflows impacting 226.6 million shares. Zomato had earlier made history by joining the BSE Sensex 30 in December 2024, further solidifying its position in India's stock market. - *Head Digital Works Acquires Adda52 for ₹491 Crore*: Head Digital Works, the parent company of online gaming platform A23, has acquired Adda52, a leading online poker platform, for ₹491 crore. This acquisition is expected to consolidate Head Digital Works' position in the online gaming industry by diversifying its gaming portfolio. - *Licious Plans IPO in 2026*: Indian online meat and seafood retailer Licious, backed by Singapore's Temasek, is planning an IPO in 2026, targeting a valuation of $2 billion. The company aims to expand its business by increasing its market reach, distribution channels, and product offerings. - *India's Space Regulator Launches $58 Million Fund*: The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has introduced a 5 billion rupee ($57.58 million) fund to support early-stage space technology startups. This initiative aims to commercialise innovations, reduce reliance on imports, and position India as a competitive player in the global space industry.