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Top News of the day: 1. Giva, a silver and gold jewellery retailer backed by PremjiInvest and venture capital firms, experienced a significant revenue boost in the fiscal year ending March 31. 2. WhatsApp banned over 9.7 million accounts in India in February 2025, with 1.4 million proactively banned before user reports, according to their safety report. 3. Krafton's India CEO, Sean Hyunil Sohn, emphasized the role of government support in boosting the emerging esports industry. 5. Smart vending platform Wendor has raised $2.5 million (about Rs 21 crore) in a seed funding round led by Elanpro. 6. Park Medi World Pvt Ltd, based in New Delhi, plans to raise Rs 1,260 crore through an IPO, consisting of a Rs 960 crore primary share sale and a Rs 300 crore offer-for-sale by promoter Ajit Gupta 7. The National Payments Corporation of India (NPCI) reported intermittent UPI transaction rejections due to financial year closing, affecting some banks. 8. CollegeDekho, an online platform that helps students choose the right college, has raised Rs 30 crore (around $3.5 million) from Lighthouse Canton. 9. House of brands Evenflow has raised an undisclosed amount in an ongoing Series A funding round totaling $5 million from Venture Catalysts, Sunder Ramachandran, and a few angel investors. 10. Entvin AI, which offers AI solutions for the pharmaceutical and life sciences sectors, has officially launched out of beta and raised $500K in its maiden funding round from Y Combinator. 11. Shyam Srinivasan, former CEO of Federal Bank, has joined TVS Capital Funds as a senior advisor and operating partner. 12. IndiQube Spaces Ltd and Ganesh Consumer Products Ltd have received regulatory approval for their initial public offerings, while EAAA India Alternatives Ltd faced a setback as their draft papers were returned. 13. OpenAI raised $40 billion at a $300 billion valuation, with participation from leading investors. 14. Temasek and HSBC have launched a $1 billion sustainable infrastructure debt fund focused on India, operated by Pentagreen Capital in Singapore. 15. Tinder has introduced an AI-driven in-app game to boost user engagement. 16. Messaging app Signal experienced a significant increase in downloads following a scandal involving U.S. officials discussing sensitive military operations in a private group chat. 17. Healthtech startup Tvaster Genkalp has raised $1.25 million in its pre-Series A round led by Ideaspring Capital 18. Leverage Edu, which helps Indian students enroll in global colleges, recorded over 2X year-on-year growth in its revenue to over Rs 180 crore in the fiscal year ending March 2025, compared to Rs 90 crore in FY24. 19. Unified Payments Interface (UPI) recorded 18.30 billion transactions in March, compared to 16.11 billion in February. 20. Lehlah, a content-commerce platform that helps influencers earn money by recommending products, has raised Rs 12.5 crore ($1.46 million) in seed round led by Gruhas, an investment firm co-founded by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana Group. 21. Pocket FM, an early entrant in India's audio entertainment sector, continues its strong topline growth despite increased competition. 22. Two new investors, Alpha Wave Global and International Holding Co (IHC), have joined Singapore's Temasek in investing in Indian snack company Haldiram's. 23. Private equity firm KKR is reportedly in discussions to acquire Leixir Dental Laboratory, which has operations in the US and a facility in Gurugram, India. 24. Chip startup Retym has secured $75 million in funding, part of $180 million total, to develop networking chips for AI computing in data centers. 25. Chef Robotics, creators of AI-enabled robotic systems for meal assembly, has raised $43.1 million in new Series A funding, including $20.6 million in equity and $22.5 million in equipment financing debt. 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.