Nazara's ₹100 Cr Power Play🎮, iPhone 15 Unboxing📱
Ather's ₹550 Crore Boost from Hero, Amazon's $3 Million Green Pledge, and Paytm's Sonic Revolution with Card Soundbox!
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Tech Updates
📱 iPhone 15: India's Fast Track to Unboxing! 📦
For the first time, India may be among the first countries to unbox the latest iPhone 15 series, just days after its global launch. Apple is striving to minimize the time lag between the global and India launch, with the global release slated for September 12. This underscores India's increasing significance in the global tech landscape. 📅
💰 Nazara Levels Up with ₹100 Crore Investment! 🎮
Indian gaming giant Nazara Technologies is set to secure ₹100 crore through an equity share issuance at ₹714 per share from Zerodha's co-founder Nikhil Kamath. In the midst of significant shifts in India's online gaming landscape, this investment will fuel Nazara's expansion plans within the country's game development arena. 🕹️
🔌 Ather Powers Up with ₹550 Crore Boost from Hero MotoCorp! ⚡
Electric scooter maestro Ather Energy is gearing up for a monumental stride, as it secures a ₹550 crore investment from its major stakeholder, Hero MotoCorp. The deal, greenlighted by Hero's board, involves pumping the funds into Ather Energy's rights issue. It's a substantial push for the future of electric mobility! 🌟🔋
🌿 Amazon Commits $3 Million to Greening India 🍃🌏
E-commerce titan Amazon is set to plant the seeds of environmental change in India with a $3 million investment in nature-based projects. This initiative is part of Amazon's broader commitment of $15 million for nature-centric endeavors in the Asia Pacific (APAC) region. It's a green step towards a more sustainable future! 🌱🌟
🔊 Paytm's Sonic Revolution: Card Soundbox Unleashed! 📣💳
In a groundbreaking move, Paytm has unveiled the "Card Soundbox," a game-changing innovation that empowers merchants to accept mobile and card payments with a simple 'tap and pay' feature. This iconic device is all set to revolutionize payment methods, enabling seamless transactions via Visa, Mastercard, American Express, and RuPay networks. It's not just a sound; it's the sound of progress! 🎶💼
Funding Deals
Digital gaming and e-sports company Nazara Technologies has raised Rs 100 crore or $12 million from Kamath Associates & NKSquared.
Cirkla, a sustainable packaging company, has secured approximately $3 million in pre-seed funding led by Matrix Partners India and Stellaris Venture Partners, with participation from other angel investors.
Space-tech startup Manastu Space has raised $3 million in a pre-Series A funding round. The round was led by Capital 2B, BIG Capital, and E2MC.
Mental health platform LISSUN has raised $1.3 million in a seed round led by Inflection Point Ventures (IPV) and Rainmatter Capital (Zerodha Group). The round also saw participation from existing investors IvyCap ventures, WFC, Growx ventures and a few other marquee angel investors.
Sploot, a pet-parenting mobile app, has raised $800,000 in its second round of seed funding led by Info Edge’s subsidiary Redstart Labs and few angel investors.
GoodGudi, a fast lifestyle retail chain that will specialise in household and consumer goods, has raised seed money from a clutch of investors. The round was led by AC Ventures while April Ventures, Capinity Partners, HNIs and angels including Kunal Shah and Aprameya Radhakrishna also participated.
Tweet of the day🐥
“Whatever you do, do with all your might.”
🚀 That's a wrap for today's tech rollercoaster! Hope your day's charged up!
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Until then, stay geeky, stay curious, and remember, the future's just a click away! 🌟