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Top news of the day : 1. Flipkart Ventures, in collaboration with DPIIT, has launched the Flipkart Tourism Challenge, part of India’s Startup India initiative. 2. European regulators may impose fines on Google and Elon Musk's X as they continue to scrutinize Big Tech under the EU's Digital Markets Act (DMA) 3. The European Union fined Apple 500 million euros and Meta 200 million euros for violating the Digital Markets Act, which aims to enhance competition and limit Big Tech’s dominance 4. E-commerce-focused logistics and supply chain firm XpressBees managed only modest double-digit growth in the fiscal year ending March 2024 5. Ather Energy is launching a Rs 2,981 crore IPO open from April 28-30. 6. SYN Ventures and LDV Partners, US-based venture capital firms, are set to acquire a majority stake in NetFoundry Inc., previously a wholly-owned subsidiary of Tata Communications. 7. Juspay has opened a regional hub in Singapore to enhance its presence in the Asia Pacific market, supporting regional merchants with diverse payment methods and regulatory needs. 8. CARS24 has acquired Team-BHP, a major automotive community platform in India. 9. FarMart bags $10 Mn through equity and debt funding. 10. 10. Healthcare-focused fintech startup SaveIN has secured Rs 37 crore ($4.3 million) in its latest funding round co-led by its existing global investors including 10X Founders, Oliver Jung, and Leblon Capital along with fresh participation from Stem AI. 11. Development Partners International (DPI), a private equity firm focusing on Africa, is planning to allocate the remaining $77 million from Egypt’s fintech-focused Nclude Fund. 12. Jason Kothari, former CEO of Housing.com, has founded Mythik, a tech-first entertainment company focused on Eastern mythology, folktales, and history 13. Padmanabh Sinha, former executive at National Investment and Infrastructure Fund Ltd (NIIF), plans to launch a $250 million private equity fund called LaunchBay Capital. 14. As part of the offer for sale, Tiger Global will offload 4,00,000 equity shares, acquired at an average cost of Rs 38.58 per share, yielding a return of 8.3 times its investment 15. BankBazaar raises Rs 55 Cr, partners with Muthoot Fincorp to enter gold loan segment 16. Beyond Odds Technologies, the parent company of skill-training platform Emversity, has raised $5 million in its pre-Series A funding round led by Lightspeed and Z47, with participation from Alteria Capital and Innoven Capital. 17. The Adani Group launched 'Operation Zeppelin' as a strategic counter to accusations made by the Hindenburg report, which alleged stock manipulation and accounting fraud. 18. Wall Street brokerages initiated coverage of Nvidia-backed CoreWeave with positive outlooks, despite investor hesitance following its muted IPO. 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.