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Top News of the Day: 1. Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund 2. NPCI International Payments has partnered with Network International to expand the adoption of Unified Payments Interface (UPI) in the United Arab Emirates (UAE). 3. Tech Mahindra's Project Indus, led by CP Gurnani, has developed a large-language model (LLM) in just five months for under $5 million. 4. Oyo has raised Rs 416.85 crore (approximately $50 million) from InCred Wealth and Investment 5. BYJU'S has asked for a 48-hour extension from the NCLT to consider not pledging, selling, or transferring its assets amidst a dispute with an investor. 6. EV Startup Matter Bags $35 Mn In Ongoing Series B Round To Strengthen Supply Chain 7. EleFant, a mobile app-based toy Library, has raised Rs 6 crore (about $750K) in its seed round co-led by Venture Catalysts 8. E-bike maker Matter raises $35 Mn in ongoing Series B round 9. Indian social media app Koo, once considered a competitor to Twitter, is shutting down due to failed partnership talks, according to founder Aprameya Radhakrishna. 10. Creator marketplace and talent management firm, Collective Artists Network, has acquired storytelling platform Terribly Tiny Tales in a move to expand its presence as a new media company. 11. Wellness brand Hoop has secured an undisclosed sum of investment from Olympic medalist PV Sindhu. 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.