Adani 🤝🏻 Uber
Krutrim launches AI chatbot, Amazon Pay secures PA licence, VSS steps down, Funding Deals and more.
Hello, Courageous Souls and Adventurers of the Unknown!
"Be brave. Take risks. Nothing can substitute experience."
- Paulo Coelho
Envision a life where bravery is not just a virtue but a way of being, where risks are not feared but embraced as opportunities for growth.
Join us as we explore the transformative philosophy that true fulfillment comes from stepping out of our comfort zones and daring to experience life to its fullest.
Get ready to unleash your inner courage and embark on the adventure of a lifetime.
Tech Updates
Adani is in talks with Uber to own, and operate an EV fleet
The Adani group is planning to foray into the cab service space with electric vehicles in partnership with Uber. This comes after Uber chief Dara Khosrowshahi met with Gautam Adani last week, and discussed a potential strategic alliance. Adani Group is looking to become a fleet operator by purchasing and listing hundreds of electric four-wheelers on Uber.
Ola founder Bhavish Aggarwal's Krutrim launches AI chatbot in beta mode
Krutrim Si Designs, an artificial intelligence (AI) startup founded by Ola Cabs and Ola Electric founder Bhavish Aggarwal on Monday launched its first product, a chatbot assistant, in beta mode. Called Krutrim Assistant, the chatbot website works as a personal generative artificial intelligence assistant that employs over 10 languages in its responses.
Amazon Pay secures payment aggregator licence from RBI
Amazon Pay, the digital payments arm of ecommerce major Amazon India, has received a payment aggregator (PA) licence from the Reserve Bank of India (RBI).
Vijay Shekhar Sharma steps down as Paytm Payments Bank chair; board reconstituted
One 97 Communications Ltd (OCL), which runs Paytm, on Monday said founder Vijay Shekhar Sharma will be stepping down as part-time non-executive chairman and board member at associate entity Paytm Payments Bank Ltd (PPBL). The parent also withdrew all nominees from the payments bank’s board.
Funding Deals
Direct-to-consumer (D2C) luggage brand Mokobara has raised $12 million or Rs 100 crore in a Series B funding round led by Peak XV Partners (formerly Sequoia Capital India).
Bengaluru-based Blume Ventures has invested its largest maiden cheque of $10 million into Upward & Onward, a company that runs software- and artificial intelligence-linked upskilling platform Interview Kickstart.
InSolare, a leading renewables EPC company dedicated to customer-centric and technology-driven solutions, has raised Rs 66 crore (approximately $8 million) in a growth funding round led by Negen Capital. Mukul Mahavir Aggarwal, Anchorage Capital Fund and Ankit Mittal, Khazana Tradelink also participated in the round.
Beauty supplement startup Beautywise has raised Rs 6.5 crore led by AC Ventures and co-led by Fluid Ventures, Real Time Angel Fund (RTAF) and GSF. The round also saw participation from LetsVenture Angel Fund.
Spacefields, which designs and builds dual-use rocket propulsion systems, has raised $800,000 (Rs 6.5 crore) in a seed round led by HVB 88 Angels and O2 Angels Network.
Startup incubator and investment firm Venture Catalysts have invested an undisclosed amount in the ongoing pre-series A round of Knocksense, a hyperlocal content-commerce platform.
👊🏻 Short Story: The Courage to Dare
In a quaint village, a dreamer named Alex lived by the wisdom, "Be brave. Take risks. Nothing can substitute experience."
Alex, driven by an insatiable thirst for adventure, inspired the community to break free from the chains of fear and embrace the unknown with open arms.
The village, inspired by Alex's fearless spirit, began to see that true growth and fulfillment awaited those who dared to step boldly into the unknown.
Tweet of the day🐥
As we conclude this edition, reflect on the power of bravery in shaping your experiences and shaping your destiny.
Thank you for being part of our community, where together, we embrace the adventures of life with courage and determination.
Get ready to discover the magic of taking the first step toward your dreams.
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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