Paytm Tumbles on ED Notice📉

Feb 15, 2024

Hello, Courageous Souls and Conquerors of Adversity!

"A man who avoids suffering is a slave of comfort."

Envision a life where comfort, while enticing, can also become a prison that stifles growth.

Join us as we explore the transformative philosophy that true freedom lies in facing challenges and embracing the discomfort of growth.

Get ready to break free from the shackles of comfort and embark on a journey of profound self-discovery.

Paytm share price drops 5% to hit 52-week low as it confirms receiving ED notice

Paytm share price fell 5% in morning trade on BSE on Thursday, February 15, to hit its fresh 52-week low and was on course to extend the losses into the third consecutive session, after the company confirmed receiving notices from the Enforcement Directorate (ED).

Tata hails Uber to drive Neu traffic

The Tata Group is eyeing a partnership with Uber Technologies to bump up traffic volumes and engagement on its digital platform, Tata Neu. This could entail integrating Uber’s services as an ‘anchor app’ within that ecosystem.

Global card majors tap RBI for clarity on B2B payments

Following the Reserve Bank of India's (RBI) directive to suspend business payments made to some entities through their networks, global card payment players Visa and Mastercard have requested clarification on the matter, while seeking alternatives to ensure business continuity.

AI optimism drives Nvidia stock past Amazon, market cap poised to overtake Alphabet soon too

Chip-maker Nvidia is poised to surpass Google's parent Alphabet as the third most valuable company on Wall Street, as per reports. The AI chipmaker's market capitalisation reached $1.78 trillion on February 13, eclipsing Amazon's $1.75 trillion for the first time in two decades.

Mobility fintech firm Moove has raised $10 million in debt round from Stride Ventures.
Veera, a rewards-focused internet browser, has raised $6 million in its seed- round led by Ayon Capital. The round saw participation from a clutch of investors including institutions and angels such as 6th Man Ventures, Folius Ventures, The Operating Group, iSeed Ventures.
Illumine Industries Private Limited (Illumine-i), a sustainable design and engineering firm, has raised Rs 17 crore (approximately $2 million) in its Series A round from Anicut Capital.
Segwise, a startup building AI agents for global mobile product and growth teams, has raised $1.6 million in a pre-seed round led by Powerhouse Ventures. Other investors in the round include Antler India, Blume Ventures, Everywhere Ventures, Saka Ventures, and Untitled Ventures.
B2B sweets startup Scandalous Foods has announced the completion of its pre-seed funding round at Rs 3 crore. The most recent infusion of Rs 1.4 crore came from the Indian Angel Network (IAN), spearheaded by KRS Jamwal and Mrunal Jhaveri and notable angel investors Arjun Vaidya of V3 Ventures, Ajay Mariwala, MD of VKL and FSIPL, and Sushma Gupta.

🛋️ Short Story: The Liberation from Comfort

In a tranquil hamlet, a seeker named Alex lived by the wisdom, "A man who avoids suffering is a slave of comfort."

Alex, daring to venture beyond the boundaries of comfort, inspired the community to embrace discomfort as a catalyst for liberation.

The hamlet, inspired by Alex's courageous determination, began to see that true freedom awaited those who dared to confront their fears.

As we conclude this edition, reflect on the role of comfort and suffering in your journey.

Thank you for being part of our community, where together, we embrace discomfort as a path to liberation and growth.

Get ready to celebrate the triumphs that await on the other side of adversity.

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!

Rise & Shine ☀