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Top News of the Day: 1. OpenAI CEO Sam Altman highlights India's growing significance in AI, noting a tripling of Indian users in the past year. 2. The government-backed Open Network for Digital Commerce (ONDC) postponed its network infrastructure fee implementation from January to April 1, following participant feedback 3. Alphabet's Google is discontinuing its diversity hiring goals and reassessing its DEI (diversity, equity, and inclusion) initiatives. 4. There are more opportunities than challenges in India: KLM CEO Marjan Rintel 5. Nazara Technologies received a demand of Rs 5.68 crore from tax authorities for back taxes, penalties, and interest due to export payment delays, with Rs 2.84 crore under GST laws. 6. Women’s wellness and hygiene brand Nua has raised Rs 35 crore in a pre-Series C round led by Mirabilis Investment Trust. 7. Babynama, a digital pediatric care platform, has raised $700,000 in its seed round led by Good Capital. 8. Omnichannel furniture brand Pepperfry continues to face growth challenges, marking its second consecutive fiscal year of revenue decline. 9. Security platform Astra Security has raised $2.7 million in a growth capital round led by Emergent Ventures 10. Commercial electric vehicle manufacturer ​​Euler Motors is in talks to raise up to $50 million in its Series D round led by Hero MotoCorp 11. Swiggy reported a 39% increase in net loss to Rs 799 crore for its fiscal third quarter, despite a 31% rise in operating revenue to Rs 3,993 crore. 12. US-based HR tech firm Phenom People Inc, backed by Indian private equity firm WestBridge Capital, has acquired Bengaluru-based startup EDGE, known for its talent management platform. 13. Reliance Industries has ventured into the Web3 and blockchain space through a partnership between Jio Platforms and Polygon Labs. 14. Astroyogi’s revenue from operations grew to Rs 84.3 crore in FY24 from Rs 66.7 crore in FY23, its annual financial statements sourced from the Registrar of Companies (RoC) show. 15. Akasa Air is raising new capital from PremjiInvest, Ranjan Pai's Claypond, and 360 ONE funds, although terms remain undisclosed. 16. Food tech major Zomato has received board approval to change its legal name from ‘Zomato Ltd’ to ‘Eternal Ltd.’ 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.