Jio's Grand Debut, India Leads in App Downloads & More! ππ
Jio's Grand Debut, India Leads in App Downloads & More! ππ
π From Titan's brilliance to Jio's financial flair, catch the highs of FirstCry's stake and Meta's web unveil! ππ₯
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Tech Updates
π Jio Financials' Grand Debut: NSE at βΉ262, BSE at βΉ265! πΉ
Here comes Jio Financial Services, the financial wing of Reliance Industries, stepping onto the stock market floor! π Listed at βΉ262 per share on NSE and βΉ265 per share on BSEβboth above the discovered price of βΉ261.85. Time to ride the financial waves! ππ°
π Titan's Sparkling Move: CaratLane Stake Jumps to 98.28%! π
The bling game's strong as Titan Company Ltd. shines brighter in CaratLane Trading Private Ltd. π₯ Their stake climbs to 98.28%, after a βΉ4,621 crore dazzler. Get ready for a gem-studded journey! π°π
π€ Family Offices Snap Up SoftBank's FirstCry Stake! πΌ
Ranjan Pai's MEMG Family Office LLP, Harsh Mariwala's Sharrp Ventures, and DSP family office of Hemendra Kothari join hands, investing a whopping Rs 435 crore in FirstCry. π The stakes are high as they acquire a chunk of Softbank's 29% share. It's a strategic symphony! πΆπ°
π± India's App Odyssey: Unmatched Downloads Take the Lead! π₯
Q2 2023 spells triumph for India's app frenzy! π A powerhouse market for Meta and Google, India rules the download charts. π JioCinema skyrockets as a global favorite, spurred by the Indian Premier League (IPL) fever. It's an app uprising! ππ±
πΈοΈ Meta's Threads Unveils Web Debut: Dawn Awaits Next Week! ππ
Meta's strategic shift is on the horizon! Threads, the talk of the town, is gearing up for a web-based adventure. π Amid user dynamics, this move aims to rewrite the narrative. While Threads once buzzed, its recent history was a rollercoaster. Brace for the new chapter! ππ
Funding Deals
Early-stage venture capital fund Veda VC has announced the first close of its Rs 250 crore or $30 million corpus led by family offices and startup CXOs.
Naukri.com parent Info Edge (India) Ltd on Friday said it will invest Rs 10 crore in its wholly-owned subsidiary Zwayam Digital Pvt Ltd. The investment is being done to meet the working capital requirement of Zwayam.
Tweet of the dayπ₯
βI may not be there yet, but I'm closer than I was yesterday.β
- JosΓ© N. Harris
π That's a wrap for today's tech rollercoaster! Hope your day's charged up!
Catch those dreams and meet us back here tomorrow for the Weekly Review edition.
Until then, stay geeky, stay curious, and remember, the future's just a click away! ππ
