Back

Top news of the day: 1. Israeli data security firm Coralogix raised $115 million in a Series E funding round led by NewView Capital, bringing its valuation to over $1 billion. 2. From 2010 to 2023, India's exports have demonstrated steady growth, with the country's share in global exports increasing by 6.3%, according to a UNCTAD report. 3. The Indian rupee reached a two-month low, falling to 86.24 against the US dollar, due to escalating geopolitical tensions in the Middle East and U.S. 4. Central banks plan to boost gold reserves amid geopolitical and economic uncertainties, according to the World Gold Council's survey. 5. Meta is set to launch new smart glasses through a collaboration with Oakley, expanding its smart eyewear portfolio. 6. Swiggy has promoted Saurav Goyal to Senior Vice President and Head of its Driver & Delivery Organization. 7. Online travel booking (OTA) giant MakeMyTrip is raising over $2.5 billion to enable a partial exit for China-based Trip.com Group, a leading OTA, by facilitating the buyback of previously acquired Class B shares. 8. Darwix AI, an omnichannel generative AI platform for enterprise sales and service conversations, has raised $1.5 million in a seed funding round from Rebalance, IPV, JITO Incubation and Innovation Foundation, Growth Sense, and Growth91, along with participation from angel investors such as Ankit Nagori, Sanjay Suri, Amit Lakhotia, and Mekin Maheshwari. 9. Google has launched a "safety charter" for India, focusing on online scams, government and business cybersecurity, and responsible AI. 10. German defence start-up Helsing raised 600 million euros in its latest investment round, led by Spotify founder Daniel Ek. 11. SoftBank raised $4.8 billion by selling 21.5 million T-Mobile shares at $224 each, a slight discount to the closing price of $230.99. 12. Education financing platform GyanDhan has elevated Aman Jain to the role of Co-founder 13. Rewards-first UPI payments app POP has raised $30 million from Razorpay to grow its payments and commerce platform. 14. Non-banking financial company (NBFC) Dugar Finance has raised $3 million in debt from the $75-million Green Basket Bond issued by Swiss based impact investment firm Symbiotics Investments. 15. Saswat Finance, a Mumbai-based fintech platform, has raised $2.6 million in its pre-Series A funding round led by Ankur Capital. 16. Pocket Entertainment, the parent company of Pocket FM, Pocket Toons, and Pocket Novel, has elevated Umesh Bude to Chief Technology Officer (CTO). 17. Sarvam, India's most-funded gen-AI startup, plans to adopt a full-stack AI approach to expand its business, backed by government subsidies. 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.