Ather sees $2.4 Bn in IPO🛵
Swiggy’s Snacc partners with Blue Tokai, Digital platforms at Maha Kumbh Mela, Flipkart to fund Super.money, Funding Deals and more.
Good morning and welcome to Monday’s edition of Rise & Shine!
"Devote the rest of your life to making progress."
— Epictetus
Epictetus’ timeless wisdom today encourages us to embrace progress as a lifelong pursuit, reminding us that continuous improvement is the key to a fulfilling and meaningful life.
Whether we learn a new skill, improve our relationships, or overcome challenges, every small step contributes to our evolution.
Tech Updates
Ather sees $2.4 billion valuation in IPO
Electric vehicle (EV) maker Ather Energy is aiming for a $2.4 billion valuation for its upcoming initial public offering (IPO) this year, up nearly 80% from its previous funding round in August. Ather’s new launches such as family scooter Rizta have boosted its overall sales, especially in the north and west. From around 6% market share last April, it ended 2024 with a little over 14%.
Swiggy’s Snacc app partners with Blue Tokai Coffee for fast deliveries
Swiggy India's on-demand snacks app ‘Snacc’ has partnered with Blue Tokai Coffee Roasters to deliver a range of coffee options to users within 15 minutes. Snacc delivers breakfast staples, bakes, healthy food options, a variety of beverages and quick snacks to customers in 15 minutes. Satheesh Raman, Business Head, SNACC noted that customers “sometimes want easy, quick, non-cumbersome fixes and solutions in their busy daily lives”.
Digital platforms lay groundwork to cash in on Maha Kumbh Mela
Startups and tech platforms in segments such as spiritual apps, in addition to travel and hospitality, have laid the ground to capitalise on the month-long Maha Kumbh Mela that starts Monday in Prayagraj. Startups and tech platforms in segments such as spiritual apps, in addition to travel and hospitality, have laid the ground to capitalise on the month-long Maha Kumbh Mela that starts Monday in Prayagraj.
Flipkart close to leading $35-40 million Super.money funding
Flipkart has held advanced talks to lead a $40 million round of funding in its fintech venture Super.money, which may also see external investors joining the round for the first time.
Funding Deals
Boba Bhai, a quick service restaurant (QSR) brand specialising in bubble tea and other food items, has raised Rs 30 crore in a funding round led by early-stage venture capital firm 8i Ventures.
Bengaluru-based AI startup Quash has secured $635,000 in pre-seed funding led by Arali Ventures, with contributions from Java Capital, PeerCheque, DeVC by Matrix Partners, and Abhishek Goyal, co-founder of Tracxn.
📣 Short Story: The Lifelong Learner
David, a retired teacher, could have spent his days relaxing, but he dedicated his time to learning new things.
From gardening to mastering a new language, he constantly sought ways to grow. This commitment to progress kept his mind sharp and enriched his life, inspiring others around him to embrace lifelong learning.
Tweet of the day🐥
As you start your week, focus on progress, not perfection. Commit to growing in small, meaningful ways every day.
Rise & Shine reminds you that the journey of self-improvement is what makes life truly rewarding.
Have a progress-filled and inspiring Monday!
Thanks for reading till the end!