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Top news of the day: 1. Sharpsell.ai, a SaaS-based sales playbook automation platform, has raised Rs 30 crore in a Series A round, with Rs 10 crore coming from Equentis Angel Fund. 2. Travel startup Passprt Trips has raised $500K in a pre-seed funding round led by Aroa Venture Partners. 3. Peyush Bansal pays Rs 222 Cr to buy back 4.6 Cr shares at steep discount ahead of IPO 4. Quick commerce unicorn Zepto clocked Rs 11,110 crore (nearly $1.3 billion) in turnover in FY25, a sharp 150% jump from Rs 4,454 crore in FY24 5. BluSmart Mobility, the electric vehicle ride-hailing startup, has been admitted into insolvency proceedings by the National Company Law Tribunal (NCLT), Ahmedabad, following a creditor petition filed by Catalyst Trusteeship. 6. Federal Bank, in collaboration with fintech companies M2P and MinkasuPay, introduced India's first biometric authentication for e-commerce transactions. 7. Jewellery retailer Joyalukkas has partnered with Zoho to digitize its global operations, aiming to enhance efficiency and customer experience. 8. Under CEO Alex Chriss, PayPal has prioritized profitability over growth, revamping strategies in high-margin businesses like Venmo. 9. Z.ai unveiled its GLM‑4.5 model at the World AI Conference in Shanghai, positioning it as a cost-effective and efficient alternative to current models like DeepSeek. 10. Eternal (formerly Zomato) significantly increased its workforce in FY25 to support the expansion of its quick-commerce business, Blinkit, and its going-out vertical, District. 11. Aditya Infotech's IPO has attracted attention due to a strong grey market premium, suggesting a potential 38.5% listing gain. 12. Meta faces pressure as it pursues advanced AI investments under CEO Mark Zuckerberg amidst slow profit growth. 13. Microsoft's AI edge is under scrutiny as OpenAI considers rivals Google, Oracle, and CoreWeave for cloud services, despite exclusive licensing deals bolstering Microsoft's Azure cloud business. 14. Agritech startup DeHaat, backed by Temasek, achieved Rs 3,000 crore revenue in FY25, up 11% from the prior year. It targets an annual revenue run rate of Rs 4,000 crore. 15. Honasa Consumer, known for brands like Mamaearth and BBlunt, is expanding into new beauty tech categories such as laser masks and LED light therapy devices. 16. Quick commerce platform Zepto raised Rs 7.5 crore from Elcid Investment at a valuation of Rs 19,231 crore ($2.26 billion), according to its stock exchange filing. 17. GoKwik, an e-commerce enablement startup, has appointed Vargab Bakshi as Chief Growth Officer to lead its global expansion, marketing, partnerships, and product-led growth initiatives. 18. Optipro AI, a SaaS startup focused on improving food delivery operations for restaurants, has raised a fresh round of funding, for an undisclosed amount. 19. Coinbase is reportedly in advanced talks to acquire India's CoinDCX, following a $44 million hack affecting the local crypto exchange. 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.