Neuralink's second trial with brain chip🧠
Neuralink's second trial with brain chip🧠
Angel One infuses Rs 250 crore, ONDC orders hit a record 12 Mn in July, Zetwerk-Smile in deal, Funding Deals and more.
Good morning and welcome to Monday’s edition of Rise & Shine!
"Don't watch the clock; do what it does. Keep going."
— Sam Levenson
Today’s quote encourages us to embody the relentless nature of time, always moving forward, regardless of the obstacles we face.
Just as the clock continues ticking without concern for the events around it, we too should focus on our progress and keep advancing towards our goals.
Tech Updates
Angel One infuses Rs 250 crore into wealth management arm
Mumbai-based stock broking firm Angel One has invested Rs 250 crore into its wealth management arm, Angel One Wealth, to cater to the expanding population of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) in the country.
ONDC monthly orders hit a record 12 million in July
The government-backed Open Network for Digital Commerce (ONDC) scaled a fresh high of 12 million orders in July, with daily orders peaking at about 430,000, said people with knowledge of the matter.
Zetwerk, Smile in deal to set up three IT hardware factories
Contract manufacturing unicorn Zetwerk has partnered strategically with Bangalore-based Electronics Manufacturing Services (EMS) company Smile Electronics to launch three state-of-the-art factories for IT hardware production in India.
Neuralink implanted second trial patient with brain chip, Elon Musk says
Neuralink has successfully implanted in a second patient its device designed to give paralyzed patients the ability to use digital devices by thinking alone, according to the startup's owner Elon Musk. Neuralink is in the process of testing its device, which is intended to help people with spinal cord injuries.
Funding Deals
Mohalla Tech, the parent entity of the vernacular social media platform ShareChat and short video entertainment app Moj, has expanded its debt round to $65 million with a $16 million infusion from Singapore-based EDBI.
Dairy and daily essential brand Country Delight has raised Rs 70 crore ($8.45 million) in debt from Alteria Capital.
Baby food brand Bebe Burp has secured Rs 8 crore (nearly $1 million) in a pre-Series A funding round led by venture capital firm Gruhas Collective Consumer Fund (GCCF).
Fintech company Infibeam Avenues has acquired a 54% stake in Rediff.com India Ltd.
🎨 Short Story: The Persistent Painter
Elena, an aspiring painter, faced numerous rejections from galleries. Each refusal was a hit to her confidence. One evening, feeling particularly disheartened, she remembered Sam Levenson’s words.
Inspired, Elena decided not to let rejection pause her passion. She continued painting every day, improving her technique and experimenting with new styles.
Months later, Elena’s dedication paid off. A local gallery, impressed by her persistence and growth, offered her a place in an upcoming exhibition. The show was a success, leading to more opportunities than she had imagined.
Elena learned that continuous effort, not waiting for opportunities, was the key to achieving her dreams.
Tweet of the day🐥
As you start your week, take inspiration from the clock. Keep moving forward, irrespective of setbacks.
Rise & Shine is here to encourage you to maintain your momentum, reminding you that steady progress, day by day, is what leads to lasting success.
Have a productive and unstoppable Monday!
Thanks for reading till the end!