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Startup news and updates: Daily roundup (April 2, 2025)

  • Atomberg surpasses Rs 1,000 crore in revenue in FY25; IT department rejects PB Fintech subsidiary's Rs 86 crore expense claim.
  • Binance's Head of Regional Markets discusses the Indian crypto landscape, highlighting the increasing interest from institutional investors.
  • Luxorides provides luxury car rental services and has catered to top celebrities and events, including G20 Summit and movie productions.
  • CCI clears Groww's shareholder restructuring, allowing specific shareholders to gain additional voting rights.
  • PB Fintech's subsidiary Paisabazaar faces IT department's rejection of Rs 85.6 crore expense claim for lack of substantiation.
  • Meta's AI Research head, Joelle Pineau, announces departure after eight years of leading FAIR at Meta.
  • Infinity Fincorp raises $40 million in extended Series A round led by Beams Fintech, focusing on microloans against property in India.
  • Stance Health secures $1 million in pre-seed funding to scale its MSK care model in India with advanced technology.
  • YatriKart receives investment from MMG Group, partners of McDonald's and Coca-Cola in India, to enhance its retail-on-the-go services.
  • Better Nutrition secures Rs 10 crore funding to make nutrient-rich food accessible in Indian households.

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