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Startup news and updates: Daily roundup (April 1, 2025)
- India aims to electrify public transportation with plans to deploy 50,000 electric buses by 2030 and ensure 40% of buses are electric.
- Xebia focuses on nurturing tech talent in Tier II cities in India for AI solutions, particularly in Jaipur and Bhopal.
- Bajaj Auto surpasses Ola Electric as the leader in electric two-wheelers with 26.8% market share in March.
- OpenAI raises $40 billion with a valuation of $300 billion, led by SoftBank Group and other prominent investors.
- Evenflow secures funding as part of its ongoing Series A round to enhance growth and profitability across its portfolio.
- Entvin AI receives $500,000 funding from Y Combinator to expand AI capabilities in pharmaceutical solutions.
- Tvaster Genkalp secures $1.25 million in pre-Series A funding to advance molecular diagnostics for liver cancer detection.
- Hasiru Dala Innovations raises Rs 6 crore in pre-Series A round to expand its circular economy initiatives and sustainable waste management.
- Former Federal Bank CEO, Shyam Srinivasan, joins TVS Capital Funds as Senior Advisor, bringing vast experience in banking and financial services.
- The article highlights various funding activities, market changes, and strategic moves in the startup ecosystem, showcasing a diverse range of developments.
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