Top News of the Day: 1. Ministry of Labour & Employment signs MoU with Rapido for strengthening employment linkages in logistics sector 2. SEBI probes into Ola Electric's sales data amid complaints 3. Stimuler, an AI voice-first tutor for ESL users, secured $3.75 million in funding from Lightspeed and SWC Global. 4. Bengaluru-based QNu Labs, a quantum cybersecurity startup, raised Rs 60 crore in a Series A round led by the National Quantum Mission (NQM), marking the government's first strategic investment in a private deep tech startup 5. Firefly Aerospace's Alpha rocket experienced a failure during launch from Vandenberg Space Force Base, California, preventing the deployment of a satellite into orbit. 6. Former President Donald Trump praised Amazon founder Jeff Bezos for halting a plan to disclose US tariffs on price tags. 7. Chennai-based robotic automation startup Vividobots has raised Rs 1.47 crore in its seed round led by Inflection Point Ventures (IPV). 8. SatLeo Labs, a spacetech company focused on thermal imaging from Low Earth Orbit (LEO), has raised $3.3 million in its pre-seed funding round led by Merak Ventures, with Huddle Ventures. 9. Union minister Piyush Goyal meets UK leaders, calls it a 'fruitful exchange' to boost economic ties 10. Freshworks posts $196 Mn revenue in Q1 CY25, cuts op-losses by 67% 11. Sadhav Offshore raises Rs 25 Cr in equity round led by Negen Capital 12. Meta has introduced a standalone AI app to compete with OpenAI's ChatGPT, leveraging their Llama AI model. 13. Urban Company's founders have sold shares worth Rs 779 crore in secondary transactions to existing investors as the company prepares for its IPO. 14. The food industry is the second-largest job creator in India, employing over 85 lakh people, as stated by NRAI President Sagar Daryan. 15. SoftBank-backed Netradyne, India’s first unicorn of 2025, eyes profitability by year-end 16. OpenAI admits GPT-4o became ‘Sycophantic’ after update 17. Maharashtra Cabinet approves EV policy 2025 with tolll waivers and purchase subsidies 18. Powerhouse91 hits Rs 100 Cr ARR and EBITDA profitability with just $2.5 Mn funding 19. A report by staffing consultancy Longhouse reveals women occupy only 7% of executive roles in 121 unicorn startups across India, highlighting a significant gender disparity. 20. Anveshan, a health food brand based in Gurugram, has secured Rs 48 crore in funding led by Wipro Consumer Care Ventures and other investors. 21. 3one4 Capital Doubles Down on Responsible Investing with India’s First VC ESG Officer 22. Edtech startup Leap elevates Rajan Chaudhary as co-founder 23. Microsoft has pledged to contest any U.S. orders to halt its European data center operations, aiming to alleviate European customers' concerns amid geopolitical tensions. 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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