Ixigo IPO oversubscribed🚂
Ixigo IPO oversubscribed🚂
Elon Musk warns that he will ban Apple devices if OpenAI is integrated, Indian D2C brand market to boom, Cognizant to acquire Belcan, and more.
Good morning and welcome to Tuesday’s edition of Rise & Shine!
“Success is not final; failure is not fatal: It is the courage to continue that counts.”
- Winston Churchill
Today’s quote reminds us of the true essence of success and failure.
Tech Updates
Ixigo IPO oversubscribed on Day 1
The initial public offering (IPO) of Le Travenues Technology, the parent company of online travel platform Ixigo, sailed through on its opening day, with the issue being subscribed 1.95 times.
Indian D2C brand market poised to hit $61.3 billion by FY27: Report
The Indian direct-to-consumer (D2C) brand market is likely to more than triple in four years to reach $61.3 billion by FY27, buoyed by increased targeting by brands, hyper-personalization, increased competition, and rise in per capita earnings, a new report said.
Cognizant to acquire ER&D services firm Belcan for $1.3 billion
Cognizant Technology Solutions Corp. announced the acquisition of Cincinnati, Ohio-based engineering, research and development (ER&D) service provider Belcan LLC for $1.3 billion, which would be the information technology (IT) services company’s second-largest acquisition.
Elon Musk warns that he will ban Apple devices if OpenAI is integrated at operating system level
Billionaire Elon Musk said on Monday he would ban Apple devices at his companies if the iPhone maker integrates OpenAI at the operating system level. "That is an unacceptable security violation," Musk, who is the CEO of electric-vehicle maker Tesla and rocket maker SpaceX and owner of social media company X, said in a post on X.
Funding Deal
Direct-to-consumer personal care startup 82°E is set to mop up Rs 50 crore or $6 million in the extension of its seed round from new and existing investors.
🧁 Short Story: The Resilient Entrepreneur
Jessica had always dreamed of starting her bakery. She put all her savings into opening a small shop, but the initial months were tough.
Facing numerous challenges and financial setbacks, she often felt discouraged.
However, Jessica remembered Churchill’s words and decided to persevere. She continuously improved her recipes, sought feedback, and gradually built a loyal customer base.
Her courage to continue despite failures eventually led her to a thriving business.
Tweet of the day🐥
As you go through your day, keep in mind that both success and failure are part of the journey.
What truly matters is your courage to keep moving forward, learning, and growing with each step.
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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