Top News of the day: 1. India is making significant strides in digital infrastructure, ranking among the top six nations globally in 6G patent filings. 2. Complement 1, a healthtech startup founded by Karan Bajaj and Trupti Mukker, raised $16 million in seed funding led by Owl Ventures and Blume Ventures. 3. Ixigo released its financial results for the fourth quarter of the ongoing fiscal year (Q4 FY25) on Wednesday 4. Pankaj Goel, who joined BharatPe as Chief Technology Officer (CTO) in July 2023, has stepped down from his position, according to sources familiar with the matter. 5. General Atlantic is poised to achieve a $1 billion exit from its India portfolio, following complete exits from two local companies in the previous year. 6. BitOasis, a crypto trading platform in the Middle East and North Africa, has launched operations in Bahrain after obtaining a license from the Central Bank of Bahrain 7. Gameskraft has announced a strategic pause on its poker platform, Pocket52, as part of a broader plan to reassess and redefine its approach to the poker category in India 8. Early-stage startups VFlowTech, Complement 1, ReelSaga, LUZO, and ContraVault AI have raised separate funding rounds. 9. Cleartrip Middle East, an online travel marketplace, is planning to expand its offerings and seek external funding after separating from Flipkart through a management buyout. 10. Microsoft has laid off about 6,000 employees, representing nearly 3% of its workforce, despite strong financial performance. 11. VFlowTech, a provider of vanadium redox flow battery (VRFB) systems, has raised $20.5 million led by Granite Asia. 12. Smart hiring platform Third Bracket has picked up Rs 5 crore in a seed funding from a group of HNIs 13. Tender and RFP management platform ContraVault AI has raised Rs 5.1 crore in a seed funding round led by Titan Capital along with participation from notable investors including Rajiv Ahuja, Haresh Chawla, Jaswinder Ahuja, Dilipkumar Khandelwal, and Abhishek Goyal. 14. LUZO, a digital marketplace for salons, spas, and wellness clinics, has raised $550K in a seed funding round led by Enrission India Capital Inc., with participation from Swiggy Dineout and Orra founders. 15. ReelSaga, a mobile-first entertainment startup, has raised $2.1 million in a seed funding round led by Picus Capital. 16. Omnichannel jewellery retailer Bluestone has raised Rs 40 crore (approximately $4.7 million) in debt funding, led by BlackSoil with participation from Caspian Impact Investments, ahead of its planned initial public offering (IPO). 17. Dream Sports, a leading gaming company, has invested $50 million in cricket media platform Cricbuzz and North American broadcaster Willow TV, both owned by Times Internet 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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