Top News of the Day: 1. AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030 2. Google is investing $1 billion in AI startup Anthropic, a major competitor of ChatGPT maker OpenAI, as per reports. 3. Wearable tech startup Ultrahuman scaled three-fold year-on-year to over Rs 100 crore during the fiscal year ended in March 2024. 4. Property title search engine platform Landeed has raised $5 million in its Series X round led by 10x Founders Fund. 5. VuNet Systems, a digital transaction monitoring startup, secured Rs 60 crore in Series B funding led by Pravega Ventures, with participation from Kotak Securities and others. 6. Walmart announces strategic pilots with India-based startups 7. Indian fintech startup Jar has become cash-flow positive, confirmed by a company executive. 8. Aerospace and defense startup Dream Aerospace has raised Rs 3 crore in a pre-seed funding round led by Inflection Point Ventures (IPV). 9. Upskilling platform Scaler has showcased better financial results for the fiscal year ending March 2024. 10. The National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India (CCI) regarding concerns over private labeling by Zomato and Swiggy. 11. Private equity firm KKR is eyeing a stake in Darwinbox, which provides software for HR management. 12. Tiger Global-backed Spinny is in talks to raise over $100 million in a new round mostly financed by existing investors 13. Medtech startup SVASTEK has raised Rs 2 crore in a seed funding round led by IAN Angel Fund. 14. Building materials platform Infra.Market is raising Rs 1,049 crore (around $125 million) in its Series F funding round. 15. Pakistan lawmakers seek Musk apology before Starlink approval 16. Students, faculty, and staff at IIT Madras now have free access to the Pro version of Perplexity AI, a conversational search engine, announced by founder and IIT Madras alumnus Aravind Srinivas. 17. Consumer Affairs Minister Pralhad Joshi announced that the Consumer Protection Authority (CCPA) has issued notices to Ola and Uber regarding alleged unfair pricing differences based on the user's mobile operating systemāAndroid or iOS. 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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