Chandrayaan-3 leaves Earth's orbit, heads towards Moon🌕

Aug 01, 2023

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ISRO on Tuesday announced that Chandrayaan-3 has successfully completed its orbits around the Earth and is currently on its way toward the Moon.

Foxconn Technology Group, the main supplier for Apple, has plans to invest nearly (₹4,100 crores) $500 million in the construction of two-component factories in India.
Top executives of companies like Amazon, Flipkart, Swiggy, Meesho, and Shiprocket have been invited later this week to attend a meeting with union industry minister Piyush Goyal.
Walmart’s shareholding in Flipkart is likely to rise to around 80% after Binny Bansal sold his residual stake in the ecommerce major to the Bentonville, US-based retailer.
Fidelity Investments has halved the value of its holding in homegrown software startup Gupshup to about $697 million.
Edtech firm Upgrad on Monday announced the appointment of seven industry leaders to the advisory board of Upgrad Institute, a government-approved private education institution in Singapore.
Fintech lending startups that had suffered massive losses and write-offs during the pandemic have posted profits in the last financial year.
On the back of IT clients tightening their purse strings and demand for cloud services slowing down, data by research firm ISG showed that the total annual contract value (ACV) of tech sector deals in the June quarter shrank by 9% year-on-year, to $22.7 billion.

Gurugram-based Clix Capital has secured Rs 1,200 crore in debt funding in the current quarter, of which Rs 164 crore came from the Global Climate Partnership Fund.
FincFriends Private Limited, a captive NBFC of RupeeRedee , has raised $3.5 million in an equity round from existing shareholder Digital Finance International.
Electric Vehicle financing platform Mufin Green Finance has raised Rs 8 crore ($1 million approx.) in funding from Shell Foundation. So far, Muffin has raised 45 crore (about $5.7 million).
Kalaari Capital-backed edtech institute AlmaBetter has allocated funds worth Rs 50 crore to launch ‘AlmaBetter Innovarsity’, an autonomous institute that offers niche technical education in Data Science and AI, and software development fields.