Top News of the Day: 1. Sachin Bansal's Navi Technologies defrauded of Rs 14.26 crore by scammers 2. Meta Platforms Inc. will continue employing fact-checkers outside the US "for now," despite discontinuing this practice domestically. 3. Spain's deputy prime minister, Yolanda Diaz, announced her withdrawal from Elon Musk's social media platform X, criticizing its algorithm for promoting xenophobia and extremist views. 4. Table Space appointed Karan Chopra and Kunal Mehra as co-CEOs following founder Amit Banerji's unexpected death. 5. Elanpro acquires 41% stake in Wendor 6. Coffee and dining experience brand Chelvies Coffee has secured $1 million in a pre-Series A funding round led by Endurance Capital 7. Postudio raises $1 Mn in pre-Seed funding The funds will be used to scale up in the Indian enterprise market, develop AI-based product features, expand the team, and launch in the U.S. market 8. Bharat Value Fund, managed by The Wealth Company, has achieved the first close of its third fund, BVF Series 3, at Rs 1,250 crore within 45 days. ' 9. Dream11 Co-founder Harsh Anand Jain has purchased a luxury apartment in Mumbai's Malabar Hills for ₹138.42 crore, according to documents accessed by IndexTap.com. 10. Mouth freshener brand JoySpoon has raised Rs 56 lakhs in its ongoing seed round, bringing total funding to Rs 1.81 crore. 11. Ola Electric has started producing its Roadster series of electric motorcycles, first showcased at the Sankalp 2024 event. 12. Elon Musk faced backlash after a controversial gesture during a speech at a post-inauguration event for President Donald Trump. 13. Blue Tokai posts Rs 216 Cr revenue with improved EBITDA margin in FY24' 14. Hatsun Agro acquires Eight Road Ventures-backed Milk Mantra 15. ZEVO, an electric vehicle (EV) fleet service, launched in 2022 with four vehicles, now boasts Rs 60 crore in annual recurring revenue and targets Rs 300 crore by next year. 16. Elon Musk criticized China's ban on X, highlighting an imbalance in US-China tech relations, especially as TikTok faces a US ban. 17. Quick service app Snabbit raised $5.5 million in a Series A funding round led by Elevation Capital, with Nexus Venture Partners and prominent angel investors participating. 18. PharmEasy to formally discuss IPO plans with its board in second try 19. The government has launched Entity Locker, a cloud-based solution for secure document management, targeting organizations like MSMEs, corporations, and startups. 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.
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