Nita Ambani to Lead Reliance-Disney India Merger📺
AI Market Booms, Zomato CEO on Startup Support, OTT Usage Surges, Funding Deals and more.
Hello Dreamers and Pathfinders!
"As you start to walk, the way appears."
- Rumi
Envision a journey where the path unfolds before you as you take those first courageous steps.
Join us as we explore the transformative philosophy that true guidance comes from within, and as we set forth on our journeys, the way becomes clear.
Get ready to trust in your inner compass and embark on the adventure of self-discovery.
Tech Updates
Nita Ambani likely to Chair Reliance-Disney India media merger, says report
Nita Ambani, spouse of Indian tycoon Mukesh Ambani, is poised to take the helm as chair of the board following the merger of Reliance Industries and Walt Disney's Indian media assets.
India's AI market set to grow at 25% CAGR until 2027: Report
India's market for AI is set to expand at a compound annual growth rate (CAGR) of 25% until 2027, driven not only by increased investments but also by a burgeoning talent pool and concerted efforts by companies to upskill their workforce, found a joint report by IT industry body Nasscom and consultancy major BCG.
Large businesses must nurture startups: Zomato CEO Deepinder Goyal
Zomato chief Deepinder Goyal said that established businesses need to nurture and invest in startups but not with an intention of owning them. He was speaking today at the curtain raiser event of the Startup Mahakumbh, slated for March 18-20.
OTT audio, video services driving internet usage in India: report
Over-the-top audio and video services emerged as the most popular internet use case in India in 2023. 86% of India’s over 800 million internet users, or 707 million people, reported using the internet for consuming these services, new research by internet body IAMAI and marketing data and analytics firm KANTAR found
Funding Deals
Logistics company Shadowfax announced the closing of its Series E funding round at $100 million. TPG NewQuest led the funding round, while existing investors including Mirae Asset Venture Investments, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated.
Generic medicine startup Zeno Health, formerly Generico, has secured $25 million in funding led by Korean private equity investor STIC Investments.
Merchant-focused payments company, Mswipe Technologies has raised $20 million in growth capital from its existing investors led by Alpha Wave Global.
Spacetech startup Digantara has raised Rs 15.54 crore or $1.88 million in an extended Series A funding led by Naman Finance And Investment Private Limited (NFAI) with the participation of SIDBI Venture Capital.
Business-to-business agri-food startup Farmtheory has raised $1.45 million (about Rs 12 crore) in its seed round led by Merak Ventures.
Reo.Dev, a revenue intelligence firm for developer-focused Go-To-Market, has raised $1.2 million in its pre-seed round of funding led by India Quotient along with participation from Adam Franki, Savin Goyal and Shraddha Gupta.
💝 Short Story: The Journey Within
In a serene forest, a seeker named Mia lived by the wisdom, "As you start to walk on the way, the way appears."
Mia, guided by her inner wisdom, inspired the community to trust in their intuition and embrace the unknown with open hearts.
The forest, inspired by Mia's unwavering faith, began to reveal its secrets to those who dared to listen to the whispers of their souls.
Tweet of the day🐥
As we conclude this edition, reflect on the power of intuition and trust in guiding your journey of self-discovery.
Thank you for being part of our community, where together, we embrace the adventure of life with open hearts and curious minds.
Get ready to cultivate mindfulness and emotional intelligence in navigating life's challenges.
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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