PM Modi in US🙏🏻, Elon vs Mark🥊
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Tech Updates
- PM Modi exhorts Micron to boost chipmaking in India - Micron to invest $2.75 billion in setting up semicon testing facility in Gujarat 
 
- PM Modi's state dinner: Mukesh Ambani, Anand Mahindra among 380 guests invited. Full List here 
- India, US to develop, deploy digital public infra in developing countries 
- Paytm inks MoU with Arunachal Pradesh for creating startup ecosystem 
- Fortis Healthcare to divest Vadapalani Hospital business for ₹152 crore 
- More trouble for Byju’s as three board members, auditor Deloitte resign 
- Challenge Accepted: Mark Zuckerberg ready to fight Elon Musk in a cage match 
- Bankrupt Vice Media to be acquired by Fortress Investment group in a $222 million deal 
- Gaming focused VC Lumikai unveils Fund II, eyes $50 million corpus 
- Temasek to lead Ola Electric’s $350 mn fundraising round 
Funding Deals
- Multi-modal connectivity platform Tummoc has raised $1 million in a pre-Series A round led by Inflection Point Ventures. 
- Premium fast-fashion brand French Crown has raised Rs 8.6 crore over multiple tranches from revenue-based financing platform Velocity.in. 
Tweet of the day🐥
“ Avoiding certain people to protect your emotional health is not weakness. It is wisdom.”
Thank you!!
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