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Top news of the day: 1. Med-tech startup Innovodigm has raised Rs 5.5 crore in a seed funding round led by the IAN Group. IAN contributed Rs 4.5 crore, with the remaining amount invested by PadUp Ventures. 2. Ice popsicle brand Skippi has raised Rs 12 crore ($1.4 million) in an extended pre-Series A funding round led by the Dubai based strategic family offices of Surya, which invested Rs 10 crore. The remaining Rs 2 crore came from other angel investors. 3. Utopia Therapeutics, a biotech company developing next-generation vaccines for chronic metabolic diseases, has secured $1.5 million in seed funding from Whale Tank. 4. Surat-based B2B textile manufacturing startup Fantail has raised Rs 13.75 crore (around $1.6 million) in a Seed funding round led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. 5. Kalpataru's IPO showed a lackluster start with only 9% overall subscription on its first day. 6. The Competition Commission of India (CCI) has approved the acquisition of certain shares of Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP. 7. Evera Cabs, an electric vehicle ride-hailing startup, raised $4 million from Mufin Green Finance through convertible debentures and debt. 8. LanceDB, an AI data infrastructure company, raised $30 million in a Series A funding round led by Theory Ventures, alongside CRV, Y Combinator, Databricks Ventures, and Runway. 9. The Indian rupee experienced its largest single-day rise in a month, closing at 85.9750 against the U.S. dollar after a ceasefire between Israel and Iran led to a drop in oil prices. 10. Darwinbox, a SaaS unicorn specializing in HR services, completed an Rs 86-crore ESOP buyback from 350 employees, marking its largest such initiative. 11. FSN E-Commerce Ventures, Nykaa's parent company, allotted 5.23 lakh equity shares worth Rs 10.33 crore under its Employee Stock Option Scheme (ESOP). 12. GoKwik, an ecommerce enablement platform, has raised $13 million in a growth round led by RTP Global, with participation from existing investors. 13. Fabheads, a composite manufacturing technology startup, has raised $10 million in funding, led by Accel, including $2.3 million from Trifecta Capital. 14. Harvey AI, a startup specializing in legal automation, has raised $300 million in Series E funding, reaching a $5 billion valuation. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.