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Top News of the Day: 1. Bill Gates' Breakthrough Energy is providing a $40 million grant to Deep Sky, a startup aiming to establish a testing ground in Canada for carbon capture technologies. 2. Financial technology company Chime Financial has reportedly submitted a confidential filing for its initial public offering (IPO) with the US government 3. Curie Money, a fintech startup, has raised $1.2 million in a seed funding round led by India Quotient. 4. Identity verification startup Bureau has raised $30 million in a new funding round led by Sorenson Capital and PayPal Ventures. 5. SEBI bans YouTuber Ravinda Balu Bharti for investment scam, slaps ₹9.5 crore fine 6. Nodwin Gaming, a subsidiary of Nazara Technologies, has acquired gaming and esports media company AFK Gaming. The acquisition includes a 92.3% equity stake in AFK 7. India Accelerator has introduced its 2025 cohort for tech startups, with plans to invest $8-10 million in the programme. 8. Indian mobile phone company Micromax Informatics has formed a joint venture with Taiwanese NAND storage chip maker Phison to develop high-end storage products for enterprise, automotive, and AI models. 9. Bombay Shaving Company, a grooming and personal care brand, narrowed down its losses to Rs 62.15 crore in FY24, making a notable improvement from Rs 80.25 crore in FY23. 10. AI startup SandboxAQ has received over $300 million in funding, valuing the company at $5.6 billion. 11. Supply chain fintech startup QuiD Cash has raised $4.5 million (around Rs 38.23 crore) in its pre-Series A round from a host of angel investors, including Piyush Jain and existing backer MINTCAP. 12. SaaS startup MBG Card has raised Rs 2.72 crore in a new round led by Inflection Point Ventures. 13. Clinikally amasses 1.5 Mn customers within three year of launch 14. Quick commerce platform Blinkit has named Vipin Kapooria as its new Chief Financial Officer (CFO). 15. Cash-flow-based financing platform Velocity has earmarked Rs 200 crore in 2025 to support and accelerate growth in the restaurant and cloud kitchen ecosystem across India. 16. Perplexity AI, one of the leading players in the artificial intelligence (AI) space, has had its valuation skyrocket to an impressive $9 billion after its latest funding round. The company raised $500 million in fresh investment earlier this month. 17. Quick-commerce company Zepto has promoted Shashank Shekhar Sharma to the position of Chief Experience Officer (CXO) for Zepto Café. 18. Italian stationery company FILA has sold a 4.57% stake in its Indian subsidiary, DOMS, for approximately 90.9 million euros ($94.6 million). 19. After a slight decline in operating scale in FY23, edtech unicorn Vedantu reported a 21% year-on-year revenue growth for the fiscal year ending March 2024. 20. Fitsol, a decarbonization platform designed for the manufacturing industry, has raised $1 million in its seed round from Transition VC. 21. Healthtech startup Confido Health raises $3 million in round led by Together Fund 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.