Hero MotoCorp's Bold Move🛵, Ola's AI Gamechanger🤖
Infibeam's Strategic Stake, Footpath Ventures Eyeing Royals, Funding Deals and Insights on Time Management
Hello folks 👋🏻,
Welcome to Rise & Shine, where we dive into the insightful reflection of Seneca on the preciousness of time.
"It's not that we have a short time to live, but that we waste a lot of it."
— Seneca
In the intricate dance of seconds, minutes, and hours, these words serve as a gentle yet powerful reminder that the true essence of life lies not in its brevity but in how we invest the moments bestowed upon us.
Join us as we explore the transformative power of mindful time utilization, understanding that each passing second is an opportunity to create a life of purpose and meaning.
In this edition, let's embark on a journey of conscious living, where recognizing time's value becomes the compass guiding us toward a fulfilling existence.
Tech Updates
Hero MotoCorp raises stake in Ather, buys shares worth Rs 140 crore🛵
Hero MotoCorp, the largest investor in Ather Energy, has increased its stake in the electric scooter maker by purchasing additional shares worth Rs 140 crore, it said in a regulatory filing. With the purchase, Hero MotoCorp’s stake in Ather will go up to 39.7% from 36.7%.
Ola gears up to introduce Krutrim, India's first own AI: When, where and how to watch the launch🤖
In a groundbreaking announcement, Bhavish Aggarwal, the CEO of Ola Electric, took to Twitter on December 14, 2023, to share the exciting news of the imminent launch of Krutrim, India's very own artificial intelligence system. With an air of anticipation, Aggarwal invited the public to witness the potential of Krutrim during a live launch event scheduled for 2:30 PM today.
Infibeam acquires 49% stake in Pirimid Fintech🤝🏻
Fintech firm Infibeam Avenues has announced the acquisition of a 49% stake in Pirimid Fintech for Rs 25 crore. The move also marks Infibeam’s foray into the capital markets and digital lending software market.
Footpath Ventures in talks to pick up stake in Rajasthan Royals🏏
Footpath Ventures—a US-based investment firm that has invested in Indian unicorns like Dream11 and Zetwerk—is in advanced talks to pick up a stake in IPL franchise Rajasthan Royals. The deal is likely to value the cricket franchise post-money at around $800-850 million.
Funding Deals
Business-to-business (B2B) e-commerce startup Udaan has raised $340 million in a funding round led by UK savings and investment firm M&G Prudential.
Bicara Therapeutics, a Biocon associate company, has raised a $165 million round of funding co-led by Braidwell LP and TPG, with new investors including Deerfield Management, Fairmount, and Aisling Capital.
Biopharmaceutical company PlasmaGen Biosciences has raised Rs 225 crore (roughly $27 million) in equity funding from UK-based investment management firm Artian Investments, Ashish Rameshchandra Kacholia and other high-net-worth individuals.
Exponent Energy, an electric vehicle-focused rapid charging startup, has raised $26.4 million in a Series B round led by Eight Roads Ventures, including a strategic investment from TDK Ventures.
Cybersecurity technology firm QNu Labs has raised $6.5 million in its pre-Series A1 round led by Ashish Kacholia of Lucky Investments, with participation from Speciale Invest, and a family fund.
Fashion and lifestyle platform Absolute Brands and Retail has raised $2.5 million (about Rs 21 crore) in a seed round of funding led by Capstone Ventures along with participation from other angel investors.
EMI/EMC simulation and testing platform SimYog has raised Rs 20 crore in a pre-Series A round led by Mela Ventures. The round also saw participation of 1Crowd and existing investor IdeaSpring.
🎀 Short Story: The Tapestry of Moments
In a quaint town, there lived an elderly artist named Sophia, known for her intricate tapestries. One day, a curious admirer asked, "How do you craft such beautiful stories in your art?"
Sophia smiled and shared, "Life is a tapestry of moments, and each thread represents time. Just like in my art, it's not about the length of the threads but the artful weaving of them. Recognize the value of each moment, and your life's tapestry will be a masterpiece."
Inspired by Sophia's wisdom, the admirer returned home with a newfound appreciation for time, vowing to craft their tapestry of moments with intention and purpose.
Tweet of the day🐥
As we conclude this edition, carry with you the transformative awareness of Seneca's words: "It's not that we have a short time to live, but that we waste a lot of it."
Embrace the journey of conscious living, understanding that you can shape a life that reflects your values and aspirations in every moment.
Thank you for being part of our community, where together, we explore the art of mindful time utilization, weaving a tapestry of moments that truly matter.
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!
Subscribe to R&S🌞