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Top News of the day: 1. The Indian rupee experienced its steepest single-day drop in a month amid escalating geopolitical tensions following Indian military strikes in Pakistan 2. The Delhi High Court has restrained Gensol Engineering and BluSmart Mobility from transferring 220 leased electric vehicles, appointing receivers to take control. 3. Bengaluru-based AI startup Sarvam AI launched Bulbul v2, a text-to-speech model supporting 11 Indian languages, emphasizing regional accents over robotic tones. 4. Co-founded in 2016 by Raghav Gupta and Rohin Malhotra, Posha (formerly Nymble) is a kitchen robotics company developing and selling a countertop robot that automates cooking processes. 5. Mugafi, an AI-led company working in tech and entertainment, has raised $3 million in a seed round from institutional and individual investors. 6. Electric vehicle startup Simple Energy is advancing its expansion plans with support from family offices and private investors. 7. Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, has signed definitive agreements to acquire TJRWrestling.net and ITRWrestling.com from Titan Insider Digital. 8. InfoEdge, the parent company of Naukri.com, has achieved a 36% return on early-stage startup investments since 2007, according to founder Sanjeev Bikhchandani. 9. Info Edge (India) Ltd has pegged the combined value of its holdings in two of India’s top tech internet firms—Zomato and PB Fintech (which operates Policybazaar and Paisabazaar)—at Rs 31,500 crore (approximately $3.7 billion) as of March 31, 2025, according to its latest disclosures. 10. Deutsche Bank's DWS and Japan's Nippon Life are in discussions to form an asset management joint venture in India, aiming to expand in Asia. 11. India plans to achieve 100 GW of nuclear power by 2047, attracting private sector interest but facing policy challenges. 12. Arya.ag, an agritech platform providing post-harvest solutions, achieved a 70% increase in profit after tax for FY25, rising to Rs 32 crore. 13. Avammune Therapeutics and its subsidiary, Avammune Lifesciences, have secured $12 million (around Rs 100 crore) in a Series A financing round co-led by Capital 2B, Shastra VC, and Kotak Lifesciences Fund I, a fund managed by Kotak Alternate Asset Managers, with participation from IvyCap Ventures alongside existing investor 1Crowd. 14. Mumbai-based interior design startup Flipspaces has raised $35 million in a funding round led by Iron Pillar. 15. WhatsApp is testing a feature that allows users to generate custom chat wallpapers using Meta AI, enhancing personalisation with AI-generated images based on user input. 16. Amazon is reportedly developing an AI-powered coding tool named Kiro to enhance software development efficiency by generating real-time code. 17. Hugging Face has launched the Open Computer Agent, a free AI tool that operates a cloud-hosted virtual computer environment. 18. Logistics tech startup Shiplog has raised Rs 6.5 crore ($768K) in its seed funding round led by the Deepak Bhagnani Family Office. 19. Routematic, a corporate transport software provider and cab aggregator, has secured $40 million in a Series C funding round led by Fullerton Carbon Action Fund and Shift4Good. 20. Amazon's self-driving start-up Zoox plans to increase production in 2024 for a U.S. commercial rollout of its robotaxi fleet. 21. Beverage brand Lahori is raising Rs 200 crore (approximately $23 million) from Motilal Oswal. 22. Flipspaces, a tech-driven commercial design and build platform, raised $35 million in a funding round led by Iron Pillar, with participation from Prudent Investment Managers and Synergy Capital. 23. The Good Bug has raised ₹100 crore in funding led by Susquehanna Asia VC, with continued backing from Fireside Ventures. 24. BrowserStack has acquired Requestly, a developer tool for HTTP interception, API mocking, and debugging, used by over 200,000 developers globally. 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.