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Top News of the day: 1. Eternal, previously known as Zomato, refuted reports of CEO Rakesh Ranjan's departure amid rumors of internal reorganization 2. Yali Capital, a venture capital firm founded by Ganapathy Subramaniam and Mathew Cyriac, is preparing its first fund to invest in deep-tech startups. 3. Fintech lending company Biz2Credit Inc., supported by investors WestBridge Capital and Nexus Venture Partners, is reviving plans to list on stock exchanges after a three-year hiatus. 4. IPO-bound Shiprocket has partnered with CriticaLog to offer secure shipping for gold and diamond jewellery across 5000+ pincodes in India 5. Ather Energy, an electric two-wheeler company, is preparing for an IPO but lags behind peers like Ola Electric, Bajaj Auto, Hero MotoCorp, and TVS Motor in business metrics. 6. Blue Ocean Games, backed by KRAFTON, has launched a $30 million fund to support indie game developers, initially focusing on India's talent. 7. Travel-tech company Rimigo has secured $550,000 in a pre-seed funding round co-led by Japan-based Reazon Capital and SGgrow Capital. 8. Captain Fresh is set to raise Rs 30 crore in debt funding from Trifecta Ventures ahead of its public listing. 9. Databricks plans to invest over $250 million in India in the next three years, focusing on training, R&D, and expanding its workforce by over 50%. 10. Agri-biotech startup GreenGrahi raised Rs 32 crore in a funding round led by Avaana Capital, with participation from Huddle, Campus Fund, Blume Founders Fund, and other investors. 11. YouTube celebrated its milestone of over 20 billion video uploads in 20 years since its inception. 12. Chinese manufacturers are using TikTok and social media to encourage American consumers to buy products directly from their factories, bypassing traditional retail channels 13. The Enforcement Directorate (ED) reportedly launched a money laundering probe against premier coaching institute FIITJEE, conducting raids at eight locations across Delhi-NCR 14. Jason Citron, co-founder of Discord, stepped down as CEO, making way for Humam Sakhnini amid plans for the company to go public. 15. Elon Musk's Neuralink is planning to raise $500 million, aiming for an $8.5 billion pre-money valuation. 16. SAP is strengthening its presence in India, recognizing it as a pivotal market amid global supply chain challenges and digital disruption. 17. PixelSky Capital, founded by Hitesh Ahuja and IndigoEdge, has launched a Rs 400 crore investment fund to support late-stage tech and consumer companies 18. Ampivo AI, a multi-modal AI solutions provider, has acquired a majority stake (51%) in Commerce Forever Solutions. 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.