Top News of the day: 1. Kedaara Capital has led a $60 million Series D funding round in Juspay, a Bengaluru-based payment infrastructure firm. Existing investors, SoftBank and Accel, also participated. 2. SoftBank Group plans to issue retail bonds worth 600 billion yen ($4.10 billion), marking its largest bond offering. 3. Chanakya Opportunities Fund has invested in Sadbhav Future Tech’s Rs 36 crore ($4.19 million) pre-IPO funding round. 4. Zepto is retiring its Zepto Pass subscription service, introducing Zepto Daily instead, which is available by invite in select areas. 5. The Young Entrepreneurs Fund (YEF), a $10 million initiative, was launched today by marketing strategist Harshavardhan Chauhaan. 6. Innovist, the parent company of brands like Bare Anatomy, raised Rs 136 crore in a funding round led by ICICI Venture, with participation from Mirabilis Investment Trust and others. 7. Semiconductor startup Calligo Technologies has raised $1.1 million in a pre-Series A round co-led by Seafund and Artha Venture Fund. 8. Metropolis Healthcare Ltd, India's second-largest pathology chain, is acquiring Dehradun-based Dr. Ahujas' Pathology and Imaging Centre for Rs 35.01 crore. 9. Tata Capital Ltd is reportedly preparing for an initial public offering (IPO) through a confidential pre-filing, aiming to raise over Rs 15,000 crore. 10. Nanotechnology startup Vimano has raised Rs 25 crore (around $3 million) in its seed round led by Ankur Capital. 11. Digital payments company Easebuzz has raised Rs 240 crore ($30 million) in a funding round led by Bessemer Venture Partners. 12. Zomato, recently rebranded as Eternal, announced the resignation of its Chief Operating Officer, Rinshul Chandra, effective April 7, 2025, as he decides to pursue new personal and professional goals. 13. Social gaming and live streaming platform Eloelo is raising Rs 114 crore (approximately $13 million) in its Series B round led by Play Ventures Investments with participation from Gameskarft Technologies, Kalaari Capital, and WestBridge Capital. 14. Asha Ventures, a Mumbai-based impact investor, raised $10 million from British International Investment for its fund I, nearing a $91 million target. 15. The Indian fabless semiconductor sector faces a chicken-and-egg problem, needing working silicon chips to attract investors but requiring capital to create these chips. 16. Revolut, a British fintech company, has obtained final approval from the Reserve Bank of India to issue Prepaid Payment Instruments (PPIs) in India, enabling services like prepaid cards and digital wallets with UPI integration. 17. OfBusiness, a B2B procurement platform supported by SoftBank and Tiger Global, is acquiring a Kerala-based manufacturer specializing in herbs and spice products. 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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