YourStory brings you today’s headlines with the latest developments across sectors. Avendus Future Leaders Fund III (FLF), the private strategies fund of the Avendus Group, has invested around Rs 140 crore in Parag Parikh Financial Advisory Services (PPFAS) through a secondary transaction. The investment involved FLF acquiring shares from promoters Neil Parag Parikh and Khushboo Joshi. Founded in 1992, PPFAS is an equity-focused asset management company. FLF said the investment is in line with its strategy of backing market-leading businesses with strong fundamentals and long-term growth potential. The fund also announced that it is on track to achieve its final close at around Rs 1,800 crore by the end of July. Footwear startup BUILT has raised $2 million in a pre-seed funding round led by Tanglin Venture Partners, with participation from angel investor Bharat Kalia of Lifelong. The startup is focused on building a natural-movement footwear brand in India, a category that has gained global traction through brands such as Vivobarefoot, Xero Shoes, and Lems, amid growing consumer interest in mobility, functional fitness, and foot health. Co-founded by Vedant Lamba, who also founded Mainstreet Marketplace, and Vijayant Dhaka, BUILT aims to bring the category to the Indian market, where awareness remains limited and mainstream footwear continues to prioritise cushioning and aesthetics over natural foot movement. The New Terminal One at John F. Kennedy International Airport (JFK) has partnered with Tata Consultancy Services (TCS) to build what it describes as one of the world's most advanced digital airport experiences. As the terminal's strategic technology and innovation partner, TCS will help create an intelligent, digitally enabled ecosystem designed to improve passenger journeys, streamline airline operations, and enhance efficiency across the terminal. The collaboration aims to reduce operating costs for airlines while delivering a smoother travel experience for travellers. TCS will provide end-to-end technology services for the terminal, including passenger processing systems, AI-driven IT operations, infrastructure management, enterprise application support, and cybersecurity. IITM Pravartak Technologies Foundation has partnered with Madhubun Educational Books and BodhBridge Education to make industry-relevant, future-ready learning programmes accessible to school students and educators across India. The initiative will offer a range of online courses featuring live interactive sessions with experts, course material, case studies, and access to recorded lectures. The training programmes and learning resources will be available free of cost. Participants who wish to earn a credential can register for an online certification exam for a nominal fee. Successful candidates will receive a performance-grade certificate from IITM Pravartak. Registrations are open athttps://bodhbridge.iitmpravartak.org.in/madhubun. The first batch begins on August 7,
