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Top News Of the Day: 1. Omnichannel fashion startup Lyskraft, founded by Zomato’s co-founder Mohit Gupta and Myntra and Cultfit’s co-founder Mukesh Bansal, has scooped up $26 million in a seed funding round. 2. B2B credit management platform CheQ has raised Rs 35 crore or $4.2 million in its extended seed round from new and existing investors. 3. xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding valuing at $18 billion pre-money from prominent investors like Sequoia Capital and Future Ventures 4. Awign, a work-as-a-service platform, has announced a strategic majority stake acquisition in an all cash deal from Mynavi Corporation. 5. A lawyer appearing for WhatsApp told the Delhi High Court that the Meta-owned messaging platform "goes if we are told to break encryption". The advocate also told the court that people use the platform due to the privacy it assures and also because messages are end-to-end encrypted. 6. Blinkit now more valuable than Zomato's food delivery business: Goldman Sachs (source: Hindustan Times Tech) 7. Food delivery company Swiggy has reportedly filed for an IPO through a confidential pre-filing route with India's SEBI. Stay Updated. Stay Informed. Stay Ahead. Share Medial App within your network and friends to grow this community. Please rate us on iOS AppStore/ Google Play Store to help us be visible to more awesome folks like you!