Top News of the day: 1. Germany is considering a 10% tax on large online platforms like Google and Facebook, aiming to address what it views as tax evasion and insufficient contributions to society by these companies. 2. Unbound, Cleevo, and GydeXP recently secured early-stage funding. 3. Ringg AI, a Bengaluru-based conversational AI startup, raised $1 million in seed funding from Capital 2B. 4. Ola Electric saw a 62% year-on-year decline in revenue in Q4 FY25, while its losses surged 106%, underscoring a tough quarter for the SoftBank-backed electric mobility company. 5. Chalk, a company that enables enterprises to quickly input proprietary data into AI and machine learning models for inference, has successfully raised $50 million in a Series A funding round. 6. Payment gateway PayG has been granted the Payment Aggregator License by the Reserve Bank of India (RBI). 7. Ziniosa, a leading preloved luxury fashion platform in India, has secured funding from Inflection Point Ventures. 8. VivoPower has raised $121 million at $6.05 per share. The capital will be utilized to accumulate XRP and expand the XRP Ledger’s decentralized finance (DeFi) ecosystem. 9. WTFund has launched its third cohort, C1/25, offering Rs 20 lakh in non-dilutive grants to entrepreneurs under 25. 10. Sports tech platform KhiladiPro (KPro) has raised approximately $1 million in a pre-seed funding round co-led by Shastra VC and MGA Ventures. 11. Asigna, a non-custodial multisig vault platform, has successfully raised $3 million in a seed funding round 12. OYO's founder, Ritesh Agarwal, announced plans to rename the corporate brand overseeing its business segments in preparation for an IPO. 13. Ather Energy has partnered with Infineon Technologies to enhance India's electric vehicle (EV) sector. 14. Around 150 mid-level and regional operations employees have reportedly resigned from Ecom Express ahead of its acquisition by logistics firm Delhivery. 15. Snabbit, a quick service app based in Mumbai, has raised $19 million in a Series B funding round led by Lightspeed, with participation from Elevation Capital and Nexus Venture Partners. 16. Home hygiene startup Cleevo has raised $1 million in its seed funding round led by Eternal Capital. 17. D2C menswear fashion brand Snitch is set to raise Rs 278.93 crore or $33 million, led by 360 One Asset Management Fund with the participation of existing investors SWC Global and IvyCap Ventures. 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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