A new Day Zero: CEO Deepinder Goyal0️⃣

Volvo launches Technology Centre, AI is getting all the attention.

Rise & Shine ☀

Jul 24, 2021

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Volvo Group launches technology center in India👏

The technology center, launched in Bengaluru, is called CampX and it is expected to further strengthen the group's position in the future. CampX promised to accelerate collaborations as a customer who licensed the IP, investor in a transportation-technology startup, or even by spinning off an entity in which the Volvo Group would be a strategic investor.

CampX, according to Volvo Group, represents a new way of working that aims to speed up the pace of innovation.

Vishwanath says the CampX site in Sweden gathered nearly 1,000 of the Volvo Group's technical and business experts in automation, connectivity, and electromobility in one workplace to work on new projects.

Today is a big day for Zomato. A new Day Zero: CEO Deepinder Goyal☀

As a food-delivery and restaurant discovery platform Zomato NSE 65.79 % lists on the Indian bourses, Deepinder Goyal, the company’s founder, and CEO said their focus remains to build for the long-term.

Zomato shares at nearly 52% premium today and is currently trading between Rs 120 and Rs 130 apiece. The market cap briefly crossed the Rs 1 lakh crore mark. Over a decade back, Deepinder Goyal and Pankaj Chaddha, two enthusiastic promoters of a little heard company, proclaimed luck as one of the three biggest factors in their journey thus far; the other two being the right kind of talent in their team and establishment of a deep customer connect.

Hot Shorts ⚡

Ethereum, the second most valuable cryptocurrency after bitcoin, faces competition from cheaper and faster blockchains.

BlackBuck on Thursday said it has raised $67 million as a part of its Series E funding round at a valuation of $1.02 billion, making it the newest entrant to India’s growing list of unicorn startups.

AI startup Prodigal gets $12 million funding from Menlo Ventures💰

Founded in early 2018 by Shantanu Gangal and Sangram Raje, Prodigal uses conversational AI to provide lenders and collections agencies insights from key customer interactions and offload repetitive tasks from agents to AI solutions.

Prodigal, which makes intelligence software for loan servicing and collection operations, has raised $12 million in a Series A funding round led by Menlo Ventures along with the participation of existing investors Accel, Y Combinator, and MGV.

Tweet of the day🐥

Shane Parrish @ShaneAParrish

You don't need more time, you need more focus. Fewer projects. Fewer commitments. Fewer obligations. Fewer responsibilities. Carefully choose what you commit to, then go all in.

🌌 Mark Zuckerberg 'liked' a meme mocking Jeff Bezos for saying that Amazon workers sent him to space
🤑 Tom Barrack's SPAC withdraws its IPO filing days after the billionaire was arrested and charged with illegal lobbying

The best education system has already been invented, it’s called the Internet, you still have to do the heavy lifting yourself.

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