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Top News of the Day: 1. Over 29,500 drones registered in India; Delhi, Tamil Nadu, Maharashtra on top 2. Apple Siri revamp faces another delay, likely to roll out with iOS 18.5 update. 3. Ikonz Studios, specializing in AI-powered digital avatars and holographic experiences, raised undisclosed funding in a pre-series A round led by Marc Jordan of Blue Amber Investments. 4. Perplexity takes on ChatGPT and Gemini with new Deep Research AI that completes most tasks in under 3 minutes 5. JioHotstar partners with Nielsen for third-party ad measurement starting IPL 6. Lenskart plans to seek a $10 billion valuation for its upcoming IPO, doubling its previous funding round valuation. 7. Indian electric aircraft startup ePlane to supply air ambulances in over $1 billion deal 8. New-age fashion brand House of Rare (Rare Rabbit) has secured Rs 50 crore (approximately $6 million) from its existing investor, A91 Partners. 9. B2B e-commerce platform Udaan has raised $75 million in a Series G equity funding round at a flat valuation, as announced by the companyโs co-founder and CEO 10. Online fresh fish and meat retailer ZappFresh has expanded its operations across India, the Middle East, and the MENA region. 11. Independent verification platform You Care Lifestyle (YCL) has raised $1 million in a pre-seed funding round co-led by Luke Coutinho and Narendra Firodiya. 12. The Ayurveda Co, a D2C consumer brand, recorded a 66% year-on-year growth in its scale during the last fiscal year ended in March 2024. 13. InCred Group has acquired Arrow Capital, a Dubai-based financial services firm, to bolster its presence in the Middle East and Africa. 14. Paytm, operated by One 97 Communications, aims to achieve profitability in the next quarter, focusing on payments, credit, and wealth management while cutting non-core businesses, said CEO Vijay Shekhar Sharma 15. BYTES, an AI-powered ADAS for two-wheeler mobility, has emerged from stealth mode and secured funding from Nikhil Kamathโs WTFund 16. Cloud kitchen startup Curefoods is raising Rs 37 crore (around $4.4 million) from Landmark Group. 17. AI security company Dream raised $100 million in a funding round led by Bain Capital Ventures, reaching a valuation of $1.1 billion. 18. Russia fines Google for YouTube clip telling Russian troops how to surrender 19. Ikonz Studios, specializing in hyper-realistic, multilingual digital avatars and holographic technology, has secured $5 million in strategic funding as part of its ongoing pre-Series A round from Marc Jordan. 20. Elon Musk's xAI is unveiling its latest model, Grok 3, set to compete with ChatGPT, Gemini, DeepSeek, and Claude. 21. Zomato has introduced Nugget, an AI-enabled customer support platform designed to enhance its delivery services, including Blinkit and Hyperpure. 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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In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus
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Top News of the Day: 1. B2B procurement marketplace ProcMart has raised $30 million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. 2. Fintech startup BharatPe has promoted Nalin Negi to the role of chief executive. 3.
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Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture
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Goa-based beverage startup Latambarcem Brewers (LB Brewers) has raised $1.5 million in a pre-Series A funding round co-led by SPV, Dhruv Agarwala, and Sheba Venture Holdings, among other investors. The startup plans to use the raised capital to boo
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San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creatorsโ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi
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Hereโs a quick rundown of some notable startup news from April 7, 2025: --Juspay Becomes Unicorn: Indian fintech startup Juspay raised $60 million led by Kedaara Capital, achieving a $1.8 billion valuation, marking it as 2025โs first unicorn. --Eas
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