Apple India emerges as top job creator👩🏻🏭
Meta's Data Center Plans, Ola Electric's Surge, Zomato's Delivery Innovation, Funding Deals and more.
Hello Seekers of Contentment and Masters of Expectation!
“Expectation is the grandfather of disappointment. The world can never own a man who wants nothing.”
– Wu Hsin
Envision a world where the shackles of expectation no longer bind us, where we find solace in wanting nothing and liberation in embracing life's uncertainties.
Join us as we delve into the profound wisdom of Wu Hsin, unraveling the intricate web of expectation and disappointment.
Get ready to liberate yourself from the burden of expectation and discover the freedom that comes from wanting nothing.
Tech Updates
Apple's Indian ecosystem emerges as top job creator, employing over 1.5 lakh directly
Tech giant Apple and its allied ecosystem have emerged as the top job provider in the country since the start of the production-linked incentive (PLI) scheme for smartphones in August 2021. It is now India’s largest blue-collar job creator. About 300,000 people have been employed indirectly.
Meta likely to establish first data centre in India at Reliance's Chennai campus
Meta is likely to house its first data centre in India at the Reliance Industries campus in Chennai. Meta will be able to operate four to five nodes across multiple locations in the country, allowing for faster data processing in what is its largest market. Currently, data from Indian users is serviced at its data centre in Singapore.
Ola Electric ends FY24 with 115% growth on year
IPO-bound Ola Electric on Monday said it saw a record 53,000-plus registrations in March, its highest volume for a fifth consecutive month. As per the Vahan portal, it also remains the market leader in the electric scooter space. The company saw 328,785 units being sold in FY24, as per the portal.
Zomato pilots new service for last-mile deliveries across corporate parks
Zomato appears to be trialing a new service wherein the company is ensuring last mile delivery for office goers through a stationed team. The service seems to be an attempt to streamline deliveries inside tech and corporate parks to ensure timely deliveries and save rider’s time. It also reduces the hassle for an employee in collecting the food as many offices do not allow delivery partners beyond the reception area.
Funding Deals
Non-banking finance company Namdev Finvest Private Ltd (Namdev) has raised $20 million in an equity round in its pre-series-C funding. The investment round was led by Maj Invest Financial Inclusion Fund III K/S who has put in $16 million, with participation from Promoters Group & Employees who have put in about $3 million.
Payment gateway and point of sales (PoS) provider Innoviti Technologies has raised Rs 40 crore in Series E round led by Bessemer Venture Partners and Patni Family Office.
Digital banking infrastructure company M2P Fintech has raised Rs 35 crore debt from Anicut Capital.
D2C grooming and personal care startup Bombay Shaving Company has raised INR 24 Cr ($3 Mn) in debt funding from venture debt fund Alteria Capital.
Noida-based edtech startup Aviotron Aerospace has raised INR 4.96 Cr ($600K) as part of a Pre-Series A round from venture capital (VC) firm Enrission India Capital.
Online cricket gaming startup Hitwicket has secured an undisclosed amount of strategic investment from Indian cricket commentator Harsha Bhogle.
🦚 Short Story: The Quest for Contentment
In a bustling city, a young professional named Alex found himself trapped in a cycle of endless expectation and disappointment.
Guided by the wisdom, "Expectation is the grandfather of disappointment," he embarked on a journey of self-discovery, shedding the weight of expectation and embracing a life of contentment.
As he let go of his desires and surrendered to the flow of life, he found joy in the simple moments and fulfillment in the present.
Tweet of the day🐥
As we conclude this edition, reflect on the expectations that may hinder your journey to contentment and the liberation that comes from wanting nothing.
Thank you for being part of our community, where together, we explore the intricacies of life and seek fulfillment in the present moment.
Stay tuned for our next edition as we continue our quest for enlightenment and inner peace.
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!
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