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Top News of the Day: 1. Beauty brand RAS Luxury Skincare raises $5 million from Unilever Ventures, others 2. Direct-to-consumer beauty brand Wow Skin Science is seeking a strategic buyer as investors aim to exit at a reduced $250 million valuation amid fierce D2C segment competition. 3. AI startup Anthropic is raising $2 billion, valuing the company at $60 billion, led by Lightspeed Venture Partners. 4. Ann Altman has filed a lawsuit against her brother, Sam Altman, CEO of OpenAI, accusing him of sexually abusing her over a decade from early childhood. 5. Bengaluru-based self-publishing platform Pratilipi has raised ₹10.11 crore in a bridge funding round, which was a mix of equity and debt, from Alteria Capital. 6. South Park Commons (SPC), founded by former Facebook engineers Ruchi Sanghvi and Aditya Agarwal, is raising $40 million for an India-focused fund to support early-stage startups. 7. Ortella Global Capital has appointed Gaurav Verma, formerly of Airtel, as co-founder and head of consumer investments. 8. V Narayanan has been appointed as the new Secretary of the Department of Space and Chairman of the Space Commission, effective January 14, 2025, succeeding S Somanath. 9. Swiggy has introduced a new standalone app called Snacc, designed for 10-15 minute food delivery in Bengaluru. 10. Bakingo crosses Rs 200 Cr revenue in FY24 with marginal losses 11. Deep-tech startup Enlog has elevated Ayush Gupta, its chief technology officer (CTO), to co-founder of the company. 12. In December, the market share of the top three UPI apps by transaction volume saw PhonePe leading with a dominant share of 47.7%. 13. Acevector Limited, parent company of Snapdeal, has appointed Achint Setia as CEO. 14. Otipy, a farm-to-fork company, has introduced electric carts in Gurugram city as part of a pilot project to sell fruits and vegetables 15. hBits, a platform for investing in commercial real estate, has raised Rs 40 crore in a Series A funding round from Capricon Realty Private Limited 16. Zerodha's Rainmatter invested Rs 275 crore in 47 startups last year, focusing primarily on climate and health sectors. 17. Inflexor Ventures, a tech-focused venture capital fund, has promoted Harsha Mundhada and Murali Krishna Gunturu to partners. 18. Meta is ending its third-party fact-checking program and introducing a feature similar to X’s "Community Notes," drawing mixed reactions on social media. 19. Deep-tech neuroscience startup BrainSight AI has raised $5 million in a pre-Series A funding round led by IAN Alpha 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.