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Top News of the day: 1. Chinese AI startup DeepSeek has enhanced its V3 model with the V3-0324 update, improving programming capabilities and transitioning to the MIT open-source license. 2. Agritech startup Grow Indigo has raised $10 million from British International Investment (BII), the UK's development finance institution and impact investor. 3. Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23 4. Irame.ai, an AI-powered enterprise productivity and audit intelligence platform, has secured $1 million in its seed round from SenseAI Ventures, an AI-first venture capital fund. 5. Healthcare-focused fintech startup Care.fi has secured Rs 7.5 crore in debt capital from Vivriti Capital. 6. LeapFrog Investments, a private equity firm focusing on emerging markets, remains optimistic about its key sectors, financial services and healthcare. 7. Ecofy Finance, a non-banking financial company focused on green transition, has raised $12.5 million in debt capital from a development finance institution owned by the Danish government. 8. Zypp Electric, an electric scooter rental start-up from Gurugram, has laid off about 150 employees and initiated pay cuts as part of its cost-cutting strategies despite recently raising Rs 55 crore in funding. 9. Gramiyaa, a vertically integrated cold-pressed oil brand, has raised Rs 7.2 crore in a pre-Series A funding round led by Homegrown Ventures, along with participation from Campus Fund and Mumbai Angels 10. Fintech company Paytm has stopped using third-party platforms like Juspay to manage its payments and will now handle transactions directly. 11. The Legacy Custodians, a newly established wealth management firm and multi-family office, founded by former Waterfield Advisors executives, has secured investors to strengthen its business strategy and scale operations. 12. Airtel Africa, a division of India's Bharti Airtel Ltd, plans to secure up to $100 million in debt capital from a notable international investor. 13. Quick-service restaurant (QSR) brand Pizza Wings has secured $2.8 million in a fresh funding round from marquee investors, including Gruhas—the investment arm of Nikhil Kamath and Abhijeet Pai, Udaan co-founder Sujeet Kumar, and other strategic investors. 14. Indian lab-grown diamond jewellery brand Firefly Diamonds has raised $3 million in its seed round led by WestBridge Capital. 15. Quick commerce and foodtech firm Zepto is in talks for a $250 million secondary round, allowing existing stockholders to offload equity. 16. Drone technology startup Garuda Aerospace had a strong performance in the last fiscal year, with its operating scale more than doubling and profits surging nearly 3X, despite a two-fold increase in expenses. 17. Several companies, including a Japanese firm and an Indian conglomerate, are competing to acquire a controlling stake in Borkar Packaging Pvt Ltd, a folding carton manufacturer. 18. A consortium led by private equity firm TPG is positioned to acquire Siemens Gamesa Renewable Power, a wind turbine maker, with an enterprise valuation between $500-550 million, according to reports. 19. The government has proposed abolishing the 6% Equalisation Levy on online advertisements from April 1, 2025, as part of 59 Finance Bill amendments. 20. EaseMyTrip.com is acquiring a 49% stake in Big Charter Pvt Ltd to expand into India's charter aviation sector. 21. Mobility solutions start-up Taxi’na has raised Rs 1.5 crore in a new funding round from Navyug Global Ventures. 22. Korean startup FuriosaAI declined an $800 million acquisition offer from Meta, opting for independent growth. 23. KKR is intensifying its focus on southern India's healthcare sector, seeking to acquire another hospital operator. 24. Neo Asset Management, a Mumbai-based firm specializing in private credit and real assets, has acquired two road projects in Punjab and Haryana. 25. The Vejalpur Startup Festival 2.0 in Gujarat, featuring over 1,000 startups, aimed to boost grassroots entrepreneurship. 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.