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Top News of the Day: 1. Zomato crosses $25 Bn market cap with Rs 253 Cr profits in Q1FY25 2. Facebook parent Meta sees strong global ad sales while keeping AI costs in check 3. FirstCry announces Rs 440-465 price band for Rs 4,194 crore IPO. 4. In July, UPI transactions witnessed a monthly growth of 3.95% with a total of 14.44 billion transactions, compared to 13.89 billion in the previous month 5. e-Luna maker Kinetic Green raises $20 Mn from Greater Pacific Capital 6. Unicommerce Sets IPO Price Band At INR 102-108, Aims To Raise Over INR 276.5 Cr 7. Artificial Intelligence driven quantum software startup Bloq Quantum has raised Rs 1.3 crore in a pre Seed funding round led by Inflection Point Ventures. 8. CrowdStrike is sued by shareholders over huge software outage 9. Byju’s ex-director Riju Ravindran fined $10,000 a day over missing $533 million 10. Prashant Sinha, co-founder and chief revenue officer of Metadome.ai, has announced his exit from the company. 11. Scimplify, a platform for sourcing and manufacturing of specialty chemicals, has raised Rs 59 crore (approximately $7 million) 12. SaaS cybersecurity startup TAC Infosec has secured approval from its board for the formulation, adoption and implementation of a new employee stock option plan 13. Venezuelan President Nicolás Maduro challenged Elon Musk to a fight on national TV after the Tesla CEO alleged the country's presidential election was fraudulent 14. Ola CEO Bhavish Aggarwal could earn ₹288 crore from Ola Electric's ₹6,146-crore IPO, a report said 15. Acculi Labs, a deep-tech life growth solution provider, has raised $1.5 million in a new investment round at a valuation of $25 million led by Sabi Holding India Ltd. 16. Blinkit, a quick commerce company, reported a 22% increase in revenue in Q1 FY25, reaching INR 942 Cr. 17. Blinkit, a quick commerce platform owned by Zomato, plans to expand its dark store count to 2,000 by the end of 2026 18. Gurugram-based food and delivery platform, Zomato, has launched a new app called District dedicated to its going-out business. 19. Reddit CEO ends free data scraping, demands payment from tech giants 20. Jaipur-based company Square Insurance has secured funding to strengthen its AI-based insurance platform. 21. Ixigo records 78% quarterly growth in PAT in Q1 FY25 22. Two-Wheeler EV Registrations Surge 34% MoM To Cross 1 Lakh Units Mark In July 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.