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Top News of the day : 1. Gurugram-based Spinny secured $131 million, led by Accel Leaders Fund, with regulatory filings showing $52 million from Accel and Fundamentum. 2. French antitrust regulators fined Apple 150 million euros ($162.4 million) for abusing its market position through its App Tracking Transparency (ATT) tool, marking the first antitrust penalty over ATT. 3. Prosus has launched the Tech FoundHER Challenge in association with Encubay, a global network focused on bridging equity in entrepreneurship and investing, and VAIA Climate, an investment advisory firm. 4. The second edition of Startup Mahakumbh, held in New Delhi from April 3-5, 2025, is touted as the world’s largest startup gathering, assembling over 3,000 startups, 1,000 investors, and 10,000 international delegates 5. SpotDraft, a contract lifecycle management (CLM) platform, has recently raised $54 million in its Series B round led by Vertex Growth Singapore and Trident Partners with the participation of Prosus, Premji Invest, Arkam Ventures, Volrado Venture Partners, and others. 6. Credit card spending in India dropped to Rs 1.67 lakh crore in February, with major issuers reporting fewer new cards 7. Hood, a pseudonymous social networking platform, has pivoted to a matchmaking platform under a new brand, KnotDating. 8. ChatGPT experienced an outage on Sunday due to overwhelming demand for a new Studio Ghibli-style image generation feature. 9. BonV Aero, a Bhubaneswar-based drone startup, has made a historic entry into the US defence market through the I2A Launchpad programme. 10. Dream11 parent, Dream Sports Inc., has shifted its domicile from the US (United States) to India. 11. Microsoft, celebrating its 50th anniversary, remains central to computing, now pivoting towards AI innovation. 12. Local ISPs in India are struggling due to increased competition from major telcos like Bharti Airtel and Reliance Jio. 13. Foxconn plans to significantly increase its iPhone production in India, aiming for 25-30 million units, more than double its previous output. 14. Dream Sports, the parent company of Dream11, has moved its domicile from the US to India through a reverse merger with its Mumbai-based subsidiary, Sporta Technologies 15. Flipkart-backed logistics startup Shadowfax has converted to a public entity, a significant step toward its planned IPO. 16. Edtech unicorn PhysicsWallah is in the advanced stages of acquiring offline coaching firm Drishti IAS Institute, according to three sources familiar with the matter 17. Haldiram Snacks Food has reached an agreement to sell an equity stake to Singapore-based investment firm Temasek. 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.