Blinkit will be bigger than Zomato: DG🛒
Apple-Google Gen AI Talks, Gen AI's Impact on SaaS, Narayana Murthy's Generous Gift, Funding Deals and more.
Hello, Admirers of Persistence and Seekers of Consistency!
"The rarest of human qualities is consistency."
- Jeremy Bentham
Envision a world where steadfastness and reliability reign supreme.
Join us as we unravel the wisdom of Jeremy Bentham, celebrating the rare individuals who embody the power of consistency in their thoughts, words, and actions.
Get ready to embark on a journey towards personal growth and unwavering commitment.
Tech Updates
Blinkit will be bigger than Zomato in a year: Deepinder Goyal
Sounding upbeat on the prospects of quick-commerce platform Blinkit, cofounder, and CEO Deepinder Goyal said the firm will soon become larger than Zomato’s food-delivery business in a year. Zomato plans to take Blinkit beyond grocery delivery into ecommerce territory.
Apple is in talks to let Google’s Gemini power iPhone generative AI features
Tech giants Apple and Google are reportedly in negotiations for the iPhone to utilise Google's AI engine Gemini – a deal that could be a game-changer for the AI industry.
Gen AI will transform SaaS into software-and-services: report
The software-as-a-service (SaaS) business will become software-and-services in next-generation solutions within generative artificial intelligence (GenAI), suggests a report by SaaS-focused accelerator and early-stage fund Upekkha and venture capital firm WestBridge Capital.
Narayana Murthy gifts grandson Ekagrah shares worth Rs 240 crore
Infosys cofounder NR Narayana Murthy has gifted his four-month-old grandson Ekagrah Rohan Murty the company’s shares worth about Rs 240 crore, making him the firm’s youngest shareholder and perhaps among India’s youngest billionaires.
Funding Deals
Content-to-commerce company The Good Glamm Group has raised Rs 245.5 crore (approximately $30 million) in a bridge round from the existing investors via the right issue. Warburg Pincus led the round with participation from Prosus, Bessemer India, and Accel Partners.
Cloud kitchen startup Curefoods has raised an additional $25 million in its Series D round from Three State Ventures, a fund launched by Flipkart co-founder Binny Bansal.
Jumbotail, B2B marketplace and retail platform for food and grocery, has raised Rs 151 crore ($18.2 million) in a Series C3 round led by Artal Asia Pte. Ltd. Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global, VII Ventures and others.
Carbon emission management platform Sprih has raised $3 million in a funding round led by early-stage venture capital firm Leo Capital.
AI music startup Beatoven.ai has raised Rs 11 crore (about $1.3 million) in its pre-Series A round led by existing backers Capital 2B, Entrepreneur First and new investors IvyCap Ventures, Upsparks Capital, Rukam Capital, and other angel investors.
Climate solutions startup BNZ Green has raised $100,000 in its pre-seed round led by Climate Detox with participation from some angel investors.
🌞 Short Story: The Power of Consistency
In a bustling city, a determined individual named Alex lived by the wisdom, "The rarest of human qualities is consistency."
With unwavering dedication and persistence, Alex inspired the community with their steadfast commitment to excellence.
Through the ups and downs of life, Alex remained a beacon of consistency, showcasing the transformative power of perseverance and determination.
Tweet of the day🐥
As we conclude this edition, reflect on the role of consistency in your journey towards success.
Thank you for being part of our community, where we celebrate the virtues of steadfastness and reliability together.
Stay tuned for tomorrow's exploration into the pursuit of meaning and fulfillment, as we delve into Viktor Frankl's profound insight on the human psyche.
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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