Adani's Meteoric Surge📈, Unacademy's Financial Runway🎓
Adani's Meteoric Surge📈, Unacademy's Financial Runway🎓
Jio Haptik's AI Revolution, xAI's Ambitious Equity Offering, the Call to Action, Funding Deals and more.
Hello folks🙋🏻♂️,
Welcome to Rise & Shine, where we resonate with the motivating nudge encapsulated in Karen Lamb's insightful words.
"A year from now, you will wish you had started today.”
— Karen Lamb
In the vast landscape of time, this statement serves as a gentle reminder that our actions today shape the landscapes of our tomorrows.
Join us as we explore the transformative power of starting, understanding that the seeds of progress planted today will blossom into the accomplishments of tomorrow.
In this edition, let's embark on a journey of proactive beginnings, sowing the seeds of a future we'll be proud to reap.
Tech Updates
Adani upswell adds 65% to Tuesday’s stock market gain📈
The Adani group was the star of the stock markets on Tuesday, with its 10 listed companies contributing over 65% of the day’s overall market gains. On a day the market gained ₹2.9 trillion, investors in Adani group companies turned wealthier by ₹1.9 trillion, marking the biggest single-day jump in value for the infrastructure conglomerate.
Unacademy has runway of four years with Rs 1,800 crore: Gaurav Munjal🎓
Unacademy cofounder Gaurav Munjal on Tuesday told employees that the test preparation business currently has reserves of Rs 1,800 crore in the bank, enabling it to command over four years of cash runway.
Jio Haptik launches Gen AI-powered customer experience platform Contakt📞
Enterprise conversational AI platform Jio Haptik has launched a Generative AI-powered customer experience suite called Contakt powered by large language models (LLMs). It is designed to enhance the user experience throughout the customer lifecycle, enabling every brand to have a ChatGPT-like solution of their own.
Elon Musk-led xAI looks to raise $1 billion in equity offering🤖
Elon Musk-led artificial intelligence startup xAI is looking to raise $1 billion in funding from equity investors, according to a document filed by the company with the US Securities and Exchange Commission.
Funding Deals
Sleep solution startup The Sleep Company has raised Rs 184 crore (approximately $22 million) in a Series C funding round led by existing investors Premji Invest and Fireside Ventures.
Dairy fintech startup Digi Vriddhi Technologies (DGV) has raised Rs 50 crore or about $6 million in a Series A round led by Omidyar Network India. Existing backers Omnivore and InfoEdge Ventures also doubled down in the round.
Rural-focused lending fintech Navadhan has raised $5 million (Rs 40 crore) in its pre-series A round of funding led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech Fund also participated in the round.
Same-day delivery service platform Pikndel has secured $285K in a pre-seed funding round led by 100X.VC. The round also witnessed participation of Anay Ventures, Flawless Company, Shavdia Ventures and Pradeep Desu.
Offside, a social app for cricket enthusiasts, has raised $150K in a pre-seed funding from 100X.VC.
🌻 Short Story: The Power of Today
In a quaint town, there lived a woman named Emily. One day, as she strolled through a beautiful garden, she met an elderly gardener tending to vibrant flowers. Intrigued, Emily asked, "What's your secret to such a flourishing garden?"
The wise gardener smiled and said, "The key lies in starting today. Each day, I plant a few seeds, nurture the soil, and water with care. Over time, these small efforts blossom into this magnificent garden." Emily realized that the power of transformation lay in the consistent starting of small, meaningful actions.
Inspired, Emily began her journey, realizing that a year from now, she'd be grateful she started planting the seeds of her aspirations today.
Tweet of the day🐥
As we bid farewell to this edition of Rise & Shine, carry with you the motivation found in Karen Lamb's words: "A year from now, you will wish you had started today.”
Embrace the power of today, for it is the foundation upon which your future blossoms.
Thank you for being part of our community, where together, we embark on the journey of proactive beginnings, sowing the seeds of a fulfilling and purposeful tomorrow.
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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