MobiKwik's ₹880Cr IPO📊
GenAI Funding Soars, Jio Financial's Move with BlackRock, SpaceX's Satellite Milestone, Funding Highlights and Steve Job's way to focus.
Hello, Visionaries!
Today's Rise & Shine edition invites you into the realm of razor-sharp focus, guided by the innovative spirit of Steve Jobs.
“Focusing is about saying no.”
~ Steve Jobs
Imagine a world where saying 'no' becomes the key to unlocking unparalleled achievements.
Join us as we explore the art of concentration, understanding that in the vast landscape of possibilities, the power to say 'no' is what propels us toward greatness.
Tech Updates
MobiKwik to raise Rs 880 crore via fresh issue through IPO
The board of financial services company MobiKwik has passed a resolution to raise Rs 880 crore via a fresh issue of shares through a public listing. This is Gurugram-based MobiKwik's second attempt towards an IPO.
Indian GenAI firms raised $700 million in three years: Nasscom
Despite a pervasive “global funding winter” across the tech spectrum, one domain basks in the warmth of investor enthusiasm: generative artificial intelligence (GenAI). A new report by Nasscom reveals a cumulative $700 million investment into Indian GenAI startups over the past three years.
Jio Financial-BlackRock applies for mutual fund licence with SEBI
The joint venture between Jio Financial Services and BlackRock has applied for a mutual fund licence with the market regulator, and the application is currently under consideration, according to a Securities and Exchange Board of India (SEBI) update.
SpaceX launches first set of satellites with direct-to-cell capabilities
T-Mobile US said on Wednesday SpaceX launched a Falcon 9 rocket on Tuesday with the first set of Starlink satellites that can beam phone signals from space directly to smartphones.
Funding Deals
Online meat and seafood startup Captain Fresh has raised Rs 110 crore in funding from Andhra Pradesh-based Nekkanti Sea Foods and investment firm Shakti Finvest.
Mobile-first credit card startup OneCard has raised Rs 95 crore or $11.44 million in debt from Alteria Capital.
Health and wellness platform HyugaLife has raised $1 million in a new round from Stride Ventures, and Getvantage.
Devotional platform DevDham (previously DevDarshan) has raised Rs 6 crore in its seed round co-led by Titan Capital, All In Capital, Veda VC and TDV Partners.
Med-tech company Larkai Healthcare has secured $500K in its seed funding round co-led by FAAD Network, QI Ventures, RTAF and additional government grants.
🖼️ Short Story: The Canvas of Focus
In a bustling metropolis, an aspiring artist named Alex lived by Steve Jobs' wisdom, "Focusing is about saying no."
As Alex embarked on a transformative project, the necessity to decline distractions became the canvas on which their masterpiece unfolded.
The ability to say 'no' to the superfluous allowed Alex to channel creativity with unparalleled intensity, resulting in a work of art that left a lasting impact on the world.
Tweet of the day🐥
As we wrap up this edition, anticipate tomorrow's journey into the realms of wisdom with Mark Twain's perspective on the significance of reading.
Stay tuned for a fresh perspective that promises to enrich your mind and elevate your daily experiences.
Thank you for being part of our community, where together, we harness the power of focus for extraordinary outcomes.
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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