Top News of the Day: 1. ChatGPT on WhatsApp gets major update: Image and voice inputs now supported 2. Paytm hit with second GST demand, total liability reaches Rs 8.66 Cr 3. Wingify’s Paras Chopra eyes India's new tech subsidy to bootstrap new AI venture 4. Zomato CEO Deepinder Goyal provided an update on the chief of staff hiring process, revealing that 18,000 applications were received. 5. Snapchat's parent, Snap, exceeded Wall Street's profit expectations due to enhancements in its advertising platform, focusing on AI and machine learning for personalized, automated ad placements. 6. Dreamfly Innovations, a battery tech startup, raised Rs 12 crore in a seed funding round led by Avaana Capital, supported by Sunicon Ventures and other investors. 7. Ola Electric, led by Bhavish Aggarwal, has begun pre-orders for its electric motorcycles, Roadster X series, with deliveries starting mid-March. 8. GenAI startup Origamis AI has raised $500K in a seed funding round co-led by Vikas Gautam and Naveen Agarwal. 9. Quicklend, a secured lending platform, has raised Rs 6.75 crore (around $774K) in its pre-seed round led by Inuka Capital, Eximius Ventures, Upsparks Capital, GrowX, and a group of strategic angel investors. 10. Non-banking financial company Newtap Finance Private Limited is planning to raise Rs 550 crore (around $64 million) from Newtap Technologies and CRED in the near to medium term 11. Presage Insights, a provider of IoT and AI-based predictive maintenance, has raised Rs 5.6 crore in a seed funding round led by YourNest Venture Capital. 12. Foodtech startup Mealawe has raised $1 million in funding from a mix of Foreign Direct Investment (FDI), a network of Shark Tank founders, and angel investors associated with companies such as Goldman Sachs 13. Payments firm Cashfree Payments has raised $53 million (Rs 450 crore) in a funding round led by Korean digital entertainment giant, KRAFTON and existing investor Apis Growth Fund II, a private equity fund managed by Apis Partners Group. 14. Probo’s revenue from operations surged to Rs 459 crore in FY24 from Rs 86 crore in FY23, according to its consolidated annual financial statements sourced from the Registrar of Companies (RoC). 15. Fitspire, a family health nutrition and protein supplements brand, has secured $1 million in a bridge round for Series A preparation led by McDonald's India (North and East). 16. The Indian Finance Ministry has advised employees against using AI tools like ChatGPT and DeepSeek for official work due to confidentiality risks concerning government data. 17. Sam Altman, CEO of OpenAI, clarified his earlier comment that India should "not even try" to build foundational AI models, saying it was taken out of context. 18. In 2025, major tech and corporate firms, including ADM and Salesforce, are implementing significant layoffs amid market challenges. ADM plans to cut 700 jobs globally to save costs due to market uncertainties. 19. Foodtech and quick commerce major Swiggy has managed a 31% year-on-year growth in its operating revenue which spiked to Rs 3,993 crore during Q3 FY25 as compared to Rs 3,048 crore in Q3 FY24. 20. Tesla CEO Elon Musk is expected to meet Indian Prime Minister Narendra Modi during Modi's visit to the United States next week. 21. Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X 22. Uber is set to introduce Waymo's robotaxis exclusively on its app in Austin. 23. Fugitive businessman Vijay Mallya has approached the Karnataka High Court, claiming that banks have recovered ₹14,000 crore against a debt of ₹6,200 crore related to Kingfisher Airlines. 24. Info Edge (India) Ltd, an investor in startups like Zomato and Policybazaar, is launching a new alternative investment fund, committing up to Rs 1,000 crore ($114.4 million). 25. Jeyandran Venugopal, Flipkart's Chief Product and Technology Officer, will depart after eight years, as part of a broader restructuring that has seen numerous senior-level exits. 26. 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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