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Top News of the Day: 1. Paytm, Perplexity partner to bring AI-powered search to the fintech's app 2. HR tech platform DarwinBox is reportedly in talks to raise $120-150 million in a fresh funding round to be led by global private equity firms KKR and Partners Group. 3. India Must Build Its Own Foundation Models To Compete Globally, says Perplexity AI CEO Aravind Srinivas 4. Spacetech startup Astrogate Labs has secured $1.3 million in its pre-Series funding led by Piper Serica Angel Fund. 5. Romil Jain, co-founder and former Chief Technical Officer of SaaS startup Increff, has left the firm 6. Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X 7. Bridgetown Research, an AI-led research startup, has raised $19 million in a Series A round led by Lightspeed and Accel, with participation from an undisclosed major research university. 8. Logistics startup Pickkup raises $500K in seed round led by We Founder Circle 9. Plant-based nutrition brand Earthful has raised Rs 5 crore in a seed funding round led by Srinivasan Namala. 10. Tiger Global-backed Infra.Market poised for $2-bn annual revenue ahead of IPO. 11. Elon Musk has warned that AI systems are being programmed with a "woke mind virus," posing an existential threat to humanity. 12. Home décor brand Ritualistic has raised $1 million in a mix of secondary and primary funding from Deep Bajaj and Mohit Bajaj. 13. FanTV, a content platform on the Sui blockchain, has secured an additional $3 million in strategic investment from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. 14. Oral-care brand Perfora has experienced rapid growth over the past three fiscal years, with revenue surging 30X from Rs 1.4 crore in FY22 to over Rs 42 crore 15. Kiko Live, operating on the ONDC platform, achieved over 5,000 daily orders within a month of launching its consumer app, KikoShop, in Delhi. 16. Ola Electric has streamlined operations by replacing regional warehouses with its 4,000 retail stores for inventory and delivery purposes, significantly boosting EBITDA margins. 17. Rohit Sharma has leased his luxury apartment in Mumbai's Lower Parel for a monthly rent of ₹2.6 lakh. 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.