Lenskart's $10 Bn IPO 🤓
Pristyn Care's first super-speciality hospital, Rebel Foods launches ‘QuickiES’, First made in India chip, Funding Deals and more.
Good morning and welcome to Monday’s edition of Rise & Shine!
"Just one small positive thought in the morning can change your whole day."
— Dalai Lama
Today, the Dalai Lama’s uplifting words remind us that a single positive thought can shape our day.
Let’s explore how a simple shift in mindset can lead to a brighter, more fulfilling life. Even in difficult situations, a small shift in perspective can make all the difference.
Tech Updates
Lenskart sharpens focus on IPO at $10 billion valuation
Omnichannel eyewear retailer Lenskart has started its initial public offering (IPO) and plans to file its draft papers by May. The company will enter the public markets with a $10 billion valuation, double its previous funding round. In June last year, the SoftBank and Temasek-backed company secured $200 million in a secondary financing round, valuing it at $5 billion, surpassing the primary capital funding round of $4.5 billion.
Pristyn Care opens its first super-speciality hospital in South Delhi
Surgery-focused healthcare institution Pristyn Care has opened its first super-specialty hospital in South Delhi. With this, the Gurugram-based firm expanding its infrastructure and deepening its commitment to advanced patient care. According to the company, the new hospital has four modular operating theaters with advanced technology, including a Level 3 NICU for newborn care.
Rebel Foods launches 15-min food delivery app ‘QuickiES’
Cloud kitchen unicorn Rebel Foods is making a foray into the 15-minute food delivery segment to compete with foodtech giants like Zomato and Swiggy. In a LinkedIn post, EatSure co-founder and CEO Sagar Kochhar announced that Rebel Foods has launched its 15-minute food delivery app, QuickiES. It owns and operates several quick-service restaurant (QSR) brands, including Behrouz Biryani, Mandarin Oak, Oven Story Pizza, Sweet Truth, LunchBox, The Good Bowl, Firangi Bake, The Biryani Life, and Wendy’s.
‘First made-in-India chip will come out by October 2025’
The first made-in-India chip from a commercial fab will come out in September or October this year, IT minister Ashwini Vaishnaw said in Bengaluru. In partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC), Tata Electronics is building the country’s first semiconductor fab in Dholera, Gujarat.
Funding Deals
B2B e-commerce platform Udaan has raised $75 million in a Series G equity funding round at a flat valuation, as announced by the company’s co-founder and CEO, Vaibhav Gupta, during a town hall.
Omnichannel fashion retailer Rare Rabbit has raised Rs 50 crore from existing investor A91 Partners at a valuation of $279 million.
Almonds Ai, a channel loyalty and rewards platform, has raised Rs 16 crore (nearly $1.9 million) in a seed funding round co-led by promoters of Haldiram’s and JITO Incubation and Innovation Foundation (JIIF). The round also saw participation from Venture Catalysts, Ever Grow Capital, Nine ALPS, and other investors such as Hemant Jain and OfBusiness co-founder Nitin Jain.
Independent verification platform You Care Lifestyle (YCL) has raised $1 million in a funding round co-led by Luke Coutinho and Narendra Firodiya.
🌞 Short Story: The Power of a Morning Habit
Aarav used to wake up and immediately check the news, which often left him feeling overwhelmed. One day, he decided to start his mornings differently—by listing three things he was grateful for before getting out of bed.
Over time, he noticed a shift. His days felt lighter, and he handled stress more calmly. That one small habit changed his outlook entirely.
Tweet of the day🐥
As you begin this new week, take a moment to plant a seed of positivity in your mind. A simple thought of gratitude or encouragement can set the stage for a better day.
Rise & Shine reminds you that your mindset is your superpower.
Have a bright and uplifting Monday!
Thanks for reading till the end!