Discover more from Rise & Shine ☀
ISRO targets commercial launches🚀, Airtel expands 5G🗼, Netflix APAC revenues📺
ISRO arm targets 10 SSLV launches, Airtel expands 5G services, Netflix APAC revenues to grow, Funding Deals, Fact and more.
Start your day, the smart way!
Daily Mail with a quick wrap of tech highlights and growth strategy that you can read in 2 mins!
Rise & Shine team will be taking a break on March 8th to celebrate Holi. We wish you and your family a colorful Holi.
And a Happy Women's Day (March 8) to all of our female readers!!
ISRO arm targets 10 commercial SSLV launches by 2026🚀
NewSpace India Ltd (NSIL), the commercial arm of the Indian Space Research Organisation (Isro), plans to ramp up the number of missions it handles each year using its Small Satellite Launch Vehicle (SSLV).
In an interview, Radhakrishnan Durairaj, chairman and managing director of NSIL, said the state-run company has built three SSLV rockets so far, and the success of the first rocket earlier this year has led it to approach commercial clients for satellite launch contracts.
The SSLV is the first lightweight homegrown rocket to have successfully reached the low earth orbit (LEO) of around 700 kilometers above the Earth’s surface.
Airtel expands 5G services to 125 more cities🗼
Bharti Airtel on Monday announced the rollout of 5G services across 125 cities, taking the total count of cities where the high-speed mobile internet service is available to 265.
India's number 2 carrier said it remains on track to cover all towns and key rural areas by March 2024.
Airtel has been at the forefront of 5G innovation, from India's first live 5G network in Hyderabad to the country's first private 5G network at the BOSCH facility in Bengaluru.
Premium apparel and fashion brand Off Duty have raised Rs 4 crore over multiple tranches from revenue-based financier Velocity.
Online paragliding booking portal ParaBooking has received Rs 50 lakh seed funding under the Him Startup Yojana of the Department of Industries, Himachal Pradesh.
Netflix APAC revenues to grow 12% in 2023 to $4 billion📺
Netflix, the American streaming platform, will see its revenue grow 12% to top $4 billion this year, compared with 9% growth in 2022, while local content investment will reach $1.9 billion, representing 47% of revenue, according to a report by Media Partners Asia (MPA).
Netflix’s revenue growth in 2023 will benefit from a rebound in the Australian market, where its performance will be gradually bolstered by advertising growth, higher ARPU (average revenue per user) revenue growth in Japan and Korea, and material gains and contributions from India, Indonesia, the Philippines and Thailand.
Netflix’s local content investment will reach $1.9 billion in 2023, representing 47% of revenues, driven by Korea, Japan and then followed by India, Australia and parts of Southeast Asia.
Tweet of the day🐥
Other Top Stories
💡 63% of tech workers started their own firm after getting laid off: Report
📜 Govt issues guidelines on brand endorsements by social media influencers
Did you know?
The festival of Holi is celebrated for at least 16 days in the Braj region of India where Krishna was born💦
"No matter what happens in life be good to people. Being good to people is a wonderful legacy to leave behind."
- Taylor Swift
Thanks for reading😊
Share with your friends/colleagues, if you enjoyed the newsletter.