Neumann offers to buy back WeWork🏢
Quick Commerce Holi Boost, BharatPe Onboarding Boom, Adani Ports Acquisition, Funding Deals and more.
Hello, Advocates of Clarity and Guardians of Communication!
“Unspoken expectations are premeditated resentments.”
— Neil Strauss
Envision a world where clarity reigns supreme, and unspoken expectations fade into the background.
Join us as we explore the insightful words of Neil Strauss, uncovering the transformative power of open communication and setting clear expectations.
Get ready to cultivate healthier relationships and foster deeper connections through transparent communication.
Tech Updates
Quick commerce sees record sales on Holi
Quick-commerce firms saw a surge in sales over the Holi weekend, with Zepto and Swiggy Instamart on track to register their best day of sales ever. Swiggy Instamart was set to cross 700,000 orders on Monday. Zepto, on the other hand, was on track to cross 600,000 orders. Blinkit is the quick-commerce leader in the country’s major markets with around 600,000 orders on a usual day.
BharatPe sees 77% surge in merchant onboarding business amidst Paytm's payments bank troubles
Fintech player BharatPe has seen a significant increase in its operations following the restrictions imposed by the Reserve Bank of India (RBI) on competitor Paytm's payments bank arm. In February 2024, BharatPe reported a 77 percent surge in merchant onboarding compared to the previous month.
Adani Ports to buy majority stake in Shapoorji Pallonji's Gopalpur Port for around ₹1,349 crore
India's leading private port operator, Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it is looking to acquire a 95% stake in Odisha's Gopalpur Port, strengthening its presence along the country's eastern coast.
Adam Neumann offers to buy back WeWork for over $500 million
Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports. It wasn’t immediately clear how Neumann would finance the acquisition of the provider of shared office space.
Funding Deals
SubKo Coffee has raised Rs 85.10 crores (around $10 million) in a Series B funding round. Notable existing investors that subscribed via rights issue include Pallavi and Srinivas Dempo, Jay Mehta, Gauri Khan Family Trust, and John & Priya Abraham.
Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India.
Maruti Suzuki India Limited has picked up 6.44% stake in AI and ML startup Amlgo Labs Private Limited for Rs 1.99 crore. The investment is being made through the Maruti Suzuki Innovation Fund.
Fintech platform Yenmo, which provides instant loans against mutual funds, has raised $500,000 in a seed funding round led by US-based startup accelerator Y Combinator.
🔍 Short Story: The Power of Clarity
In a bustling city, a couple named Sarah and Alex learned the wisdom, "Unspoken expectations are premeditated resentments."
Through open dialogue and honest communication, Sarah and Alex navigated through challenges and strengthened their bond.
By articulating their needs and expectations, they cultivated a relationship built on trust, understanding, and mutual respect.
Tweet of the day🐥
As we conclude this edition, reflect on the role of communication in your relationships and interactions.
Thank you for being part of our community, where together, we strive for clarity, understanding, and genuine connections.
Stay tuned for tomorrow's edition as we delve into the importance of self-esteem and the profound impact it has on our lives and relationships.
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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