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Top News of the Day: 1. After Xiaomi smartphones, Blinkit to now deliver Smart LED TVs in 10 minutes 2. Ola, Uber most data-hungry taxi apps in India, Rapido least 3. Early-Stage B2B Tech Fund, Triton, Announces First Close of Fund II at INR 120 Crores 4. SpotDraft, a contract lifecycle management (CLM) platform, has raised $54 million in its Series B funding round led by Vertex Growth Singapore and Trident Partners. Xeed VC, Arkam Ventures, Prosus Ventures 5. X, formerly Twitter, has settled a lawsuit with Donald Trump for approximately $10 million following his account suspension in 2021. 6. Lucidity, a Bengaluru-based multi-cloud storage management platform, secured $21 million in Series A funding from WestBridge Capital and Alpha Wave. 7. Cisco Systems has raised its annual revenue forecast, driven by increased demand for its cloud networking gear amid the AI boom. 8. During the World Governments Summit in Dubai, Elon Musk suggested deleting entire federal government agencies in the U.S. 9. Zomato and Swiggy, major players in food delivery, are aggressively investing in quick-commerce to fend off competitors like Zepto, Flipkart, and Amazon. 10. Coinbase is planning a comeback to the Indian market after it halted operations over a year ago. 11. Deeptech startup Anscer Robotics has raised $2 million in its seed round led by Info Edge Ventures. 12. WheelsEye narrows losses by 71% to Rs 39 Cr in FY24 13. Zestmoney cofounder Lizzie Chapman quits Reliance-backed Swiffy Labs 14. Chinese bubble tea company Guming Holdings' 38-year-old Founder Wang Yun'an has become a billionaire after the company's IPO. Guming Holdings raised $232 million in a Hong Kong IPO 15. WTFund, an initiative for entrepreneurs under 25, led by investor and entrepreneur Nikhil Kamath, has unveiled its second cohort, featuring 22 founders 16. Ola recorded a 5.5% year-on-year decline in revenue for the fiscal year ending March 2024, indicating no growth during the period. Despite the revenue drop, the firm managed to turn EBITDA profitable 17. India is emerging as a key market for Canva, the Australian design software company, and may become its largest within the next three to five years. 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.