Flipkart's Strategic Trim🪚
Flipkart's Strategic Trim🪚
Qualcomm's Big Bet, AI vs. Voice Actors, Esports Pay Cap, Funding Buzz and a thought on balance between humility and resilience.
Hello, Resilient Spirits!
As we step into a new week with Rise & Shine, let's kick things off with a powerful mantra.
"Never let a win get to your head, & never let a loss get to your heart."
Imagine a world where victories are celebrated without arrogance and losses are embraced as stepping stones.
Join us as we explore the delicate balance between humility and resilience, learning from each experience, whether a triumph or a stumble.
Prepare to navigate the week with a mindset that thrives on continuous growth.
Tech Updates
Flipkart may trim rolls by up to 7% in yearly refocus
Flipkart, the country’s largest ecommerce firm, is in the thick of the action in the New Year. Even as it moves to close a billion-dollar funding round, significant changes are underway at the Walmart-owned etailer. A workforce reduction has begun at Flipkart which could see its staff count decrease by around 5-7%.
Qualcomm India to invest ₹177.27 cr for new design centre
Qualcomm India will invest ₹177.27 crore in setting up a design centre in Chennai, the chipmaker said at the Tamil Nadu Global Investors Meet on Sunday.
Esports companies may cap player pay at Rs 2.5 lakh per month
As poaching of top players becomes commonplace, top esports teams such as S8UL, Revenant Esports, GodLike Esports, Enigma Gaming and Global Esports are mulling a cap on the salaries of players at Rs 2.5 lakh per month.
Voice actors air their fears about voice-stealing AI
AI voice cloning is now deeply hurting voice-over artists. A GenAI model trained over 10-15 sentences in a person’s voice can create a five-hour-long audiobook within minutes or even dub an entire OTT web series in 10 different languages.
Funding Deals
Direct-to-consumer (D2C) fresh foods brand Country Delight has raised around $20 million (around Rs 164 crore) in a funding round led by Singapore’s sovereign fund Temasek, which is one of its backers.
Healthcare startup CureBay has raised around Rs 62 crore in a funding round led by existing investor Elevar Equity.
Insurtech startup Riskcovry has raised around $4.5 million in a bridge round of funding led by Dubai-based business-to-business fund Morphosis Venture Capital. Indian financial services player IIFL also participated in this round.
🎼 Short Story: The Symphony of Wins and Losses
In a bustling city, an aspiring musician named Alex lived by the wisdom, "Never let a win get to your head, & never let a loss get to your heart."
Through the highs of successful performances and the lows of missed notes, Alex discovered that the true beauty of the symphony lay in the harmony created by embracing both wins and losses.
The melody of growth echoed through every beat, reminding Alex that each note, triumphant or challenging, contributed to life's masterpiece.
Tweet of the day🐥
As we wrap up this edition, anticipate tomorrow's exploration into the transformative purpose of pain.
Stay tuned for a fresh perspective that promises to inspire action and resilience.
Thank you for being part of our community, where together, we navigate the complexities of life with grace.
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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