Mobikwik shares lists at 58% premium💸
Ola pilots 10-min food delivery, Magicpin to deliver food in 15 min, Country Delight enters the quick comm, Funding Deals and more.
Good morning and welcome to Wednesday’s edition of Rise & Shine!
"Great things are not done by impulse, but by a series of small things brought together."
— Vincent Van Gogh
Today, Vincent Van Gogh’s insightful words remind us that greatness isn’t achieved overnight—it’s the result of consistent effort and small steps that add up to something extraordinary.
Whether it’s building a career, pursuing a passion, or strengthening relationships, everyday choices and efforts create something truly great.
Tech Updates
Mobikwik shares pop 58% on stock market debut; market cap tops Rs 3,870 crore
Fintech platform MobiKwik made an impressive debut on the stock exchange today, listing at Rs 444—an impressive 58% premium over its issue price of Rs 279—reflecting strong investor demand. MobiKwik's bidding period ran from December 11 to 13, with a price band of Rs 256-279 per share and a lot size of 53 shares, requiring a minimum investment of Rs 14,045. The company aimed to raise Rs 572 crore through a fresh issue.
Ola pilots 10-minute food delivery starting from Bengaluru
Ola Consumer, the hyperlocal delivery arm led by Bhavish Aggarwal, has started piloting quick food delivery services in select areas of Bengaluru. The service is being offered through the Open Network for Digital Commerce (ONDC), a government-backed initiative. Under the food delivery section on the Ola Cabs app, Ola claims to deliver food items from various restaurants within 10 minutes.
Magicpin to deliver food in 15 minutes
Offline discovery and rewards platform Magicpin has announced its quick delivery service MagicNOW, a new 15-minute food delivery offering piloted across major Indian cities and metros. According to the company, MagicNOW will provide fast food deliveries within a 1.5 km to 2 km radius and will initially launch in Bengaluru, Hyderabad, Mumbai, Chennai, Delhi-NCR, and Pune.
Country Delight enters the quick commerce fray
Gurugram-based direct-to-consumer dairy and daily essentials brand Country Delight has entered the instant delivery space, according to three sources aware of the development. Country Delight has launched a pilot for its 10-15 minute delivery service in Gurugram, and is expected to expand to other cities in the coming months.
Funding Deals
Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the company’s founder and CEO, Rohit Choudhary.
Climate technology startup Resilience AI has raised $1 million in a seed funding round led by Kalaari Capital’s CXXO initiative, which backs ventures led by women entrepreneurs.
Healthtech firm Crown Veterinary Services (Crown Vet) has raised undisclosed funds from Mars Veterinary Health.
🎂 Short Story: The Patient Baker
Mia dreamed of opening her bakery but was overwhelmed by the size of her goal. Instead of trying to do everything at once, she broke it down into small steps—perfecting recipes, learning about business, and saving money gradually.
Each step felt small on its own, but over time, they came together to create her thriving bakery. Mia’s journey was a testament to Van Gogh’s wisdom: greatness is built through consistent effort, not impulse.
Tweet of the day🐥
Today, focus on the small steps you can take toward your goals. Each little action adds up to something meaningful over time.
Rise & Shine is here to remind you that greatness is a journey built one step at a time.
Have a patient and purposeful Wednesday!
Thanks for reading till the end!