Top News of the Day: 1. Microsoft Bing gets a free Sora-powered AI video generator 2. Former DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform 3. Bengaluru-based wealthtech platform Stable Money has raised $20 million (Rs 173 crore) in a funding round led by Fundamentum Partnership and participation from existing investors Z47, RTP Global, and Lightspeed 4. Amid a slowdown in the food delivery sector, companies like Swiggy and Zomato are exploring new growth avenues. Swiggy targets delivery-friendly categories, low-frequency users, and quick 10-minute offerings 5. Simplilearn, a digital upskilling company, appointed Jitendra Kumar as CTO to lead its AI-first strategy. 6. Ecom Express Faces Staff Exodus Ahead of Delhivery Merger; CEO Chitkara May Exit Too 7. Exclusive: Feminine care brand Plush to kick off Series B round at 3X valuation surge 8. Sports tech startup KhiladiPro has secured $1 million in funding led by Shastra VC and MGA Ventures, alongside angel investors. 9. Prosus announced that its President and Chief Investment Officer, Ervin Tu, will step down but will stay as an advisor. 10. Unbound, an AI security startup, raised $4 million in a seed round led by Race Capital, with plans to invest $1 million in India for R&D expansion. 11. Wise gets in-principle approval to operate as cross-border payment aggregator 12. Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC 13. ServeClub raises seed round from Rare Rabbit, The Moms Co. founders. 14. Opinion trading platform Probo has appointed Shimal Kapoor as head of policy to strengthen its engagement with regulators and support the policy development process. 15. Cricket icon Jonty Rhodes has invested in Indian sports wellness startup UpUrFit and will serve as its brand ambassador. 16. Bhavye Khetan, a UC Berkeley graduate, created a fake AI-Web3 startup filled with jargon to test VC judgment. Shockingly, 27 investors showed interest despite no real product or team. 17. Meesho, an e-commerce giant, has announced a plan to issue INR 411.4 crore in bonus shares ahead of its upcoming IPO. 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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