Top News of the day: 1. The Union Cabinet approved a Rs 1,500 crore incentive scheme for small digital transactions, aimed at reducing costs for stakeholders in the UPI ecosystem. 2. India's online gaming sector is projected to grow from $3.7 billion in 2024 to $9.1 billion by 2029, primarily driven by real money games, which dominate the market. 3. US-based contract management SaaS firm Icertis is set to raise $50 million in a new funding round, according to a Form D filed with the US Securities and Exchange Commission (SEC). 4. The initial share sale, which could be around $500 million (about ₹4,600 crore) will consist of issuing new equity shares as well as an offer for sale (OFS) component, the report said. 5. Ather Energy, supported by Hero MotoCorp, plans to launch its IPO in mid-April, featuring a fresh share sale of Rs 3,100 crore and an offer for sale (OFS) of up to 2.2 crore equity shares. 6. Wealth-tech startup Dezerv has completed a Rs 46 crore ESOP buyback programme, benefiting eligible employees. 7. Harvested Robotics, an AI-driven laser weeding technology startup for tractors, has raised Rs 5 crore in a seed funding round led by Arali Ventures. 8. NVIDIA has launched new AI chips, Blackwell Ultra and Vera Rubin, aimed at enhancing AI model performance. 9. Social media platform X, formerly Twitter, has refused to join India's 'Sahyog' portal, instead citing its own system for law enforcement coordination. 10. Innovist, the parent company of Bare Anatomy, Chemist at Play, and Sunscoop, is raising Rs 49.25 crore (approximately $5.7 million) in its Series B round. 11. Entrust Family Office, led by Rajmohan Krishnan, plans to expand its offerings by venturing into alternative assets to boost its assets under management (AUM). 12. At Nvidia’s GTC 2025 conference, CEO Jensen Huang unveiled new AI GPU plans, including the Vera Rubin, Rubin Ultra, and Feynman chips set for release in 2026, 2027, and 2028. 13. Venture capital firms including Sequoia Capital, Cyberstarts, and Index Ventures are poised for substantial returns from cybersecurity firm Wiz’s $32 billion buyout by Alphabet. 14. Google's $32 billion acquisition of Israeli cybersecurity firm Wiz was finalized shortly after Donald Trump's presidential inauguration. 15. Nourish You, a Hyderabad-based superfood and plant-based nutrition startup, raised Rs 16 crore in its Series A funding round led by Sidbi Venture Capital. 16. Quick service restaurant (QSR) brands like Wow Momo, Chaayos, and Blue Tokai are expanding their presence on quick commerce platforms such as Blinkit and Swiggy Instamart. 17. Icertis, a digital platform for automating contract management, is enhancing its AI capabilities by developing an agentic AI platform alongside collaborations with companies and AI startups. 18. Google has agreed to pay $28 million to settle a class action lawsuit alleging it favored white and Asian employees over others by providing higher pay and career advancement. 19. The Unique Identification Authority of India (UIDAI) has partnered with Sarvam AI, a Bengaluru-based Generative AI startup, to enhance Aadhaar services using voice-based technology. 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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