Top News of the day: 1. Fractional ownership platform hBits Proptech Pvt Ltd has received regulatory approval to launch its small and medium real estate investment trust (SM REIT), aiming for a public listing in June. 2. ShopUp, a Bangladeshi B2B commerce platform backed by Peak XV Partners and Valar Ventures, is merging with Saudi B2B marketplace Sary to form the SILQ Group. 3. Digital spiritual platform Bhagva has raised $1 million in a pre-Series A funding round from Australian high-net-worth individual Pradeep Nain, among other investors. 4. The board at Noise has passed a special resolution to issue 4,915 compulsory convertible debentures at an issue price of Rs 3,45,833 each to raise Rs 172 crore or $20 million. 5. Snack brand Eat Better Co has picked up Rs 17 crore in pre-Series A funding round co-led by Prath Ventures and Spring Marketing Capital along with participation from existing investors. 6. Shopify has adopted an AI-first hiring approach, requiring teams to prove AI's inability to perform a role before hiring humans. 7. Snack brand Let’s Try has raised $2.5 million in its latest funding round led by Singapore-based SWC Global. 8. Learning-focused over the top (OTT) platform Seekho is raising another round to the tune of $25-30 million. 9. Amazon has unveiled Nova Sonic, a new voice-focused AI model that integrates speech recognition, language processing, and synthesis into one system, enhancing natural-sounding AI conversations. 10. Infra.Market, a Tiger Global-backed company, is preparing for a $1 billion IPO. 11. Trifecta Capital is in the process of adding a significant offshore limited partner (LP) to its fourth venture debt fund. 12. Ola Electric Mobility has partnered with Ernst & Young to enhance regional compliance as it shifts to a direct-to-store retail model, bypassing intermediate warehousing. 13. Zepto, a quick commerce unicorn, is nearing $4 billion in annualized gross order value, with year-over-year growth of 4x and a 30% rise since January. 14. Amicco, a B2B marketplace for auto spare parts, has raised $1 million in its seed funding led by Eximius Ventures, with participation from FJ Labs and other investors. 15. JM Financial Institutional Securities has reiterated its Buy rating on TBO Tek, setting a target price of Rs 1,400. 16. Fintech unicorn Yubi’s subsidiary, Aspero Markets Pvt Ltd, is under scrutiny by the Securities and Exchange Board of India (SEBI) for regulatory violations. 17. Jeff Bezos has quietly invested in Slate Auto, a Michigan-based electric vehicle start-up, planning to launch a $25,000 electric truck in 2026. 18. Apple supplier Luxshare considers expanding manufacturing outside China, including the U.S., to tackle U.S. tariffs. 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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