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Top News of the day: 1. Meta Platforms Inc. faces a historic antitrust trial that could force it to separate Instagram and WhatsApp, accusing it of maintaining an illegal monopoly. 2. College search platform Collegedunia surpassed the Rs 200 crore revenue mark in 2024. 3. Singapore-based ABC Impact has closed its second fund, raising over $600 million, doubling its first fund's corpus. 4. Deeptech imaging startup Optimized Electrotech raised $6 million in a Series A funding round led by Blume Ventures and Mela Ventures, joined by 9Unicorns and others. 5. Noto, a Mumbai-based ice cream brand backed by actor John Abraham, has secured Rs 21 crore in funding led by Equentis Angel Fund, with additional investors. 6. Indian cricketer Rinku Singh invests Rs 1.9 Cr in BeastLife at 120 Cr Valuation 7. Ujala Cygnus, backed by General Atlantic, is set to acquire a significant stake in Amandeep Hospitals in Punjab, expanding its network to 28 hospitals with nearly 2,800 beds. 8. At-home wellness services brand Cura Care has raised Rs 5 crore in a pre-seed funding round led by Zeropearl VC, with participation from friends, family, and notable angel investors, including Shripad Nadkarni and the late Rohan Mirchandani. 9. Arnya RealEstates Fund Advisors, led by Sharad Mittal, has made its second investment from its inaugural high-yield debt fund into a residential project by Chennai-based Casagrand in Bengaluru, with a Rs 130-crore commitment. 10. Union Mutual Fund has upgraded the domestic equity markets to the “Attractive Zone” in its fair value spectrum indicator, suggesting that the market holds potential benefits for investors. 11. Info Edge, an Indian company, has invested in 18 deep tech startups across various domains like spacetech, drug discovery, and robotics. 12. OpenAI co-founder Ilya Sutskever raised $2 billion for his AI start-up Safe Superintelligence (SSI), valuing the company at $32 billion. Greenoaks led the funding round with $500 million. 13. India’s electric two-wheeler market reached 9,60,000 units in 2024 and is projected to grow at a 28.5% CAGR, hitting 11 million units by 2033 (IMARC). 14. Open AI's former CTO Mira Murati's AI startup Thinking Machines Lab is targeting a $2 billion seed round, Business Insider reported. 15. Moved by patients struggling to find medicines, Rajat Gupta, a Delhi-based entrepreneur, quit his ₹1.5 crore US job to launch an online medicine delivery platform in India. 16. Just Dogs, a retail and services brand specializing in pet care, reported a 30% year-on-year increase in revenue for the fiscal year ending March 2024. 17. Sports-tech startup SportsSkill bags pre-seed round led by Waimea Bay Investments. 18. Findi Ltd, through its subsidiary Transaction Solutions International (India) Pvt Ltd (TSI), has completed the acquisition of BANKIT Services Pvt. Ltd for Rs 160 crore ($18.7 million). 19. Singularity AMC, an investment firm backed by Madhusudan Kela, is gearing up to raise its third private equity fund. 20. Okinawa Autotech, once a prominent player in India’s electric two-wheeler space, saw its revenue plunge by nearly 87% in FY24, posting a loss of Rs 50 crore, which signaled a major setback for the homegrown EV brand. 21. B Capital, a venture capital firm co-founded by Facebook's Eduardo Saverin and Raj Ganguly, is intensifying its focus on artificial intelligence by targeting AI-first companies globally, including India 22. HDFC Capital Advisors has launched a Rs 1,500-crore ($175 million) development platform with Eldeco Group to build residential projects in India's tier 2 and 3 cities. 23. Electric mobility startup BluSmart plans to close its ride-hailing business and transition to becoming a fleet partner for Uber due to financial challenges and difficulties in securing new funding. 24. Cred, a credit card payment platform, is in talks to raise $100-200 million from existing investors, led by Singapore's GIC. The startup's valuation is expected to be around $4 billion, down from $6.4 billion three years ago. 25. Indian cricketer Jasprit Bumrah has invested in Uppercase, a new-age luggage brand, marking his first startup investment. 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.