Adani stocks fall up to 19.5%๐
Swiggy valuation up by 25%, Adani group enters financial services, Flipkart users to order food via ONDC, Funding Deals and more.
Hello and welcome to Tuesdayโs edition of Rise & Shine!
โExcellence is not a skill, itโs an attitude.โ
โ Ralph Marston
Today, let's explore the profound insight from Ralph Marston about excellence.
He reminds us that excellence isn't just about skill but an attitude we carry into everything we do.
Tech Updates
Adani Group stocks fall up to 19.5% amid tighter election race; market cap drops โน1.35 lakh crore
Adani Group stocks crashed sharply on Tuesday after most of the group stocks hit 52-week highs in the previous session following the overall weak sentiment of the Indian markets after early trends showed that the election result could be tighter than exit polls had predicted. The decline in Adani Group stocks today erased the gains made in the previous session.
Baron Capital marks up Swiggy valuation by 25% to $15.1 billion
A fund managed by US-based asset manager Baron Capital has marked up the valuation of food and grocery delivery platform Swiggy to $15.1 billion. This marks a jump of 25% from the last fair value recorded by the investor, according to regulatory filings with the US Securities and Exchange Commission (SEC).
Adani group enters financial services
Adani One, the super app being built by the Ahmedabad-based Adani group has launched two cobranded credit cards with private sector lender ICICI Bank, marking its entry into financial services.
Flipkart users may soon be able to order food via ONDC
Walmart-owned e-commerce company Flipkart will soon enter the food and beverages (F&B) category on the government-backed Open Network for Digital Commerce (ONDC). This means you may be able to order from restaurants and fast-food outlets like McDonalds from the Flipkart app.
Funding Deals
Eyewear retailer Lenskart has raised $200 million in secondary investment from Temasek and Fidelity Management & Research Company (FMR).
Small and medium enterprises focused digital lending platform Lendingkart has secured Rs 100 crore ($12 million) in debt and Rs 8 crore (nearly $1 million) equity from Stride Ventures.
Online astrology platform AstroTalk has raised Rs 78.3 crore or $9.5 million in an extension of its Series A round from existing investors Left Lane Capital and Elev8 Capital.
Sustainability and climate management solutions provider LogicLadder has raised $2.5 million in a funding round led by Singapore-based Big Capital and Zerodha-backed venture fund Rainmatter.
Hyderabad-based ice popsicle maker Skippi Ice Pops has raised โน10 crore in pre-Series A funding led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs).
Indian badminton player PV Sindhu has invested in Greendayโs โBetter Nutritionโ brand and has become the brand ambassador of the D2C brand.
โจ Short Story: Aiming for Excellence
Jack, a young graphic designer, was known for his meticulous attention to detail.
Unlike many of his peers who rushed through their projects, Jack took his time to ensure each design was perfect. His boss asked him, โWhy do you spend so much time on these small details?โ
Jack replied, โExcellence is my attitude. Itโs not just about having the skill; itโs about having the right mindset.โ
This attitude set Jack apart and led to his rapid rise in the company.
Tweet of the day๐ฅ
As we navigate through our tasks today, letโs remember that excellence is an attitude we choose.
Itโs about dedicating ourselves fully to whatever we do, no matter how small the task.
By cultivating this mindset, we can achieve greatness in all areas of our lives.
Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!
Thanks for reading till the end!
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