Top News of the Day: 1. U.S. President Donald Trump announced three cryptocurrencies, XRP, SOL, and ADA, to be part of a new U.S. crypto strategic reserve, leading to a significant price spike for these assets. 2. AJVC, an early-stage venture capital firm founded by Aviral Bhatnagar, has raised a Rs 100 crore corpus, with plans to increase by Rs 50 crore through a greenshoe option. 3. Together Fund, led by Freshworks' Girish Mathrubootham and Eka Software's Manav Garg, aims to finalize its $150-million Fund-II by June, focusing on AI companies. 4. Unnati Agri raises Series B funding from Zephyr Peacock India 5. Automotive service platform GaragePlug has acquired review management platform Freshreview for an undisclosed amount. 6. 91Trucks, an online platform specializing in commercial vehicle listings, is all set to raise a new round to the tune of Rs 30-35 crore 7. Elon Musk, founder of xAI, has endorsed the company's AI chatbot, Grok, positioning it as a competitor to Google's AI services. 8. The UK's Information Commissioner's Office has launched an investigation into TikTok, Reddit, and Imgur regarding their handling of children's privacy. 9. Ola Electric to lay off 1,000 employees: 10. B2B payments platform Rupifi is raising Rs 1,215 crore ($144 million) from existing investors, including Quona and Tiger Global, marking its largest funding round and its first in three years. 11. Fertility care startup Arva Health has raised $1 million in a pre-seed round led by All In Capital, with participation from iSeed, Bharath Founders Fund, and Galaxy. 12. Collections platform CredResolve has raised $1.1 million in a seed funding round led by UNLEASH Capital Partners, with participation from CDM Capital. 13. Freshworks founder Girish Mathrubootham’s Together Fund has launched Together AI Studio to support AI-first founders from idea to scalability. 14. Logistics solutions startup Leap India recorded a 44% year-on-year revenue growth for the fiscal year ending March 2024. 15. Astrology and wellness platform Astroyogi has announced its strategic expansion into the retail sector with the launch of 'Yogii by Astroyogi' 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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