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Top News of the day: 1. Super.money has climbed to the fifth-largest position among UPI platforms, surpassing Cred and Axis Bank Apps by processing 139.1 million transactions in February. 2. Bitcoin's bear market has hit new investors hard, particularly those who entered during its rally past $100,000 or used leverage for investments. 3. Hocco Foods Pvt Ltd, managed by the Ahmedabad-based Chona family, founders of the Havmor brand, is preparing to raise its second round of funding this year. 4. IPO-bound used car marketplace Droom is raising Rs 25 crore (approximately $2.9 million) in a fresh funding round co-led by India Accelerator (IA), and Rameshchandra Shah. 5. Anthropic CEO Dario Amodei has voiced concerns over espionage threats from China targeting U.S. AI firms, urging increased governmental oversight. 6. Navneet Munot advises young investors to allocate most of their funds in equities or fixed-income assets while maintaining a small gold portion as a hedge. 7. Kunal Shah, CRED founder, encourages Bangalore startups to embrace artificial intelligence (AI) to enhance innovation and efficiency. 8. Indus Appstore, owned by PhonePe, has partnered with Xiaomi India to integrate its platform into new Xiaomi smartphones, replacing GetApps. 9. Ather Energy has appointed Saurabh Sharma as its new Head of Marketing. 10. Physicswallah, an edtech unicorn, is preparing for its IPO and has appointed three independent directors to its board: Nitin Savara, Rachna Dikshit, and Deepak Amitabh. 11. Groww, a brokerage platform, is in talks to acquire Fisdom, a PayU-backed wealthtech startup, valued between $140 million and $160 million. 12. Cybersecurity startup Neural Defend has raised over $600K in a pre-seed funding round led by Inflection Point Ventures (IPV) along with participation from MIT SBXI, Techstars, and Soonicorn Ventures. 13. Shark Tank India 4 has facilitated a total investment of ₹94.8 crore, with Aman Gupta leading as the top investor, contributing ₹17.4 crore. 14. Purple Style Labs, parent of Pernia’s Pop-Up Shop, secured $40 million in funding led by SageOne Flagship Growth OE Fund and others, aiming to expand both domestically and internationally while enhancing omnichannel capabilities. 15. Niantic Labs is selling its video-game division to Saudi-owned Scopely for $3.5 billion as it shifts focus to geospatial technology, following the unreplicable success of Pokemon Go. 16. Saarathi Finance and Credit Pvt. Ltd, a non-banking finance company founded by former executives of InCred Group and Kotak Mahindra Bank, received its first round of institutional funding from a private equity firm. 17. Uber offers a Missed Flight Connection Cover in Mumbai, compensating passengers ₹7,500 for missed flights due to road delays. 18. Rangsons Aerospace, a product technology firm for aerospace, defense and homeland security, has raised Rs 300 crore ($36.5 million) led by ValueQuest Investment Advisors and had Anand Rathi Advisors as the financial advisor for the transaction. 19. Fullife Healthcare, the parent company of sports nutrition brands Fast&Up and Chicnutrix, recorded a modest 10% year-on-year revenue growth for the fiscal year ending in March 2024. 20. Tibbs Foods Pvt Ltd, the Mumbai-based quick service food chain operating under the Tibbs Frankie brand, is engaging in early discussions to secure its first external funding round from institutional investors. 21. Jio Platforms and Bharti Airtel have partnered with SpaceX to offer Starlink satellite internet services in India, contingent upon government approvals. 22. Abu Dhabi’s MGX investment group has invested $2 billion in cryptocurrency into Binance, marking the cryptocurrency exchange's first institutional investment. 23. US-based extended reality firm Omnia acquired Bengaluru-based augmented reality startup SpotKwik to enhance its spatial computing offerings. 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.