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Top News of the Day: 1. Dubai-based Huda Beauty sells fragrance line KAYALI to co-founder and General Atlantic 2. Devices-as-a-Service (DaaS) platform Swish Club has secured $4.5 million in a pre-Series A funding round, including $3.3 million in equity and $1.2 million in debt financing. 3. Deeptech startup Dynolt Technologies has raised $1.7 million in its seed round led by Transition VC. 4. Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in its Series A round led by Vertex Ventures. 5. Tesla is actively hiring in India, suggesting plans to enter the market, following CEO Elon Musk's meeting with Prime Minister Narendra Modi. The company posted 13 job openings for various roles 6. Licious, supported by Temasek Holdings, plans a $2 billion IPO in India by 2026. 7. Abridge, a healthcare startup that automates clinical notes with AI, raised $250 million in a funding round co-led by Elad Gil and IVP. 8. Fintech firm Pop, based in Bengaluru, is seeking $10-15 million in funding, with Razorpay considering investment through its venture arm, Razorpay Ventures. 9. Byju's parent company, Think & Learn, struggled to exit insolvency proceedings as the Board of Control for Cricket in India (BCCI) sought to withdraw its case. 10. Elon Musk's AI start-up, xAI, has launched Grok 3, touted as "the Smartest AI on Earth." Grok 3 outperformed major models like Google Deepmind’s Gemini-2 Pro, DeepSeek-V3, Anthropic’s Claude 3.5 Sonnet, and OpenAI’s GPT-4o in various benchmarks. 11. The Supreme Court has granted YouTuber-podcaster Ranveer Allahbadia, known as BeerBiceps, relief from arrest over FIRs related to comments made on the show "India's Got Latent." 12. Cognizant has accused Infosys of stealing trade secrets from its healthcare software, TriZetto, in an ongoing lawsuit in a Dallas court. 13. Tiger Global-backed Wow! Momo cooks new fundraising plan 14. Thousands of Indian investors lost nearly $100 million in a Ponzi scheme orchestrated by Falcon Invoice Discounting. The scheme promised high returns by claiming to connect investors with major companies 15. Health services platform Practo has announced the appointment of Jagnoor Singh as its Chief Operating Officer (COO). 16. Cloud and data centre networking solutions provider Lightstorm has raised Rs 700 crore (around $80.5 million) in funding led by NIIF IFL 17. Uber releases SaaS model, drops auto drivers' commission 18. Pocket Entertainment has launched Pocket Toons, an AI-powered comics platform that utilizes AI for storytelling, significantly enhancing content creation speed and cost-efficiency. 19. AI governance startup Singulr AI raises $10 million from Nexus, Dell Technologies 20. Israel's Check Point Software sets up R&D centre in Bengaluru, hires 100 engineers 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.