RBI's CBDC Talks💱, Agnikul's 3D-Printed Engine🚀
TCS and AWS Pioneer AI, Shein's $90 Bn IPO, Neeraj Chopra's OTT Investment, Funding Deals, Naval's wisdom and more.
Welcome to Rise & Shine, where we draw inspiration from the strategic insight of Naval.
"Persistence beats timing. Execution beats luck. Not immediately, but eventually."
In the grand tapestry of achievement, Naval's words remind us of the timeless principles that shape success.
Join us as we explore the transformative power of persistence and the undeniable impact of strategic execution.
In this edition, let's embark on a journey of resilience and purpose, understanding that, over time, persistence triumphs over timing, and deliberate execution prevails over mere luck.
RBI Pioneers Global CBDC Talks with US, Hong Kong, and SWIFT 💱
In a groundbreaking move, the Reserve Bank of India (RBI) has initiated discussions with its counterparts in the US, Hong Kong, and the Society for Worldwide Interbank Financial Telecommunications (SWIFT). The focus of these talks is to explore the viability of expediting digital cross-border settlements, leveraging technologies such as central bank digital currencies (CBDCs).🌐💹
Agnikul Set to Soar: World's First 3D-Printed Engine Takes Flight 🚀
Chennai-based aerospace startup Agnikul is poised to achieve a groundbreaking milestone with the launch of its first flight, featuring the world's inaugural 3D-printed engine. Anticipated to take flight later this year, this mission serves as a technology demonstrator, showcasing Agnikul's prowess in orbital launches but at a scaled-down magnitude.🌌
TCS and AWS Join Forces to Pioneer Generative AI Practice💡
In a strategic move, Tata Consultancy Services (TCS) has forged a robust alliance with Amazon Web Services (AWS) to introduce a dedicated Generative Artificial Intelligence (GenAI) practice. This collaboration underscores TCS's commitment to staying at the forefront of technological innovation. 🔗
Shein Aims for a Fashionable $90 Billion Valuation in US IPO Move👕
In a bold stride towards Wall Street, Chinese fast-fashion titan Shein has confidentially filed for an initial public offering (IPO) in the United States, slated for the coming year. Renowned for its voguish yet budget-friendly apparel, Shein aspires to achieve a staggering valuation of $90 billion, showcasing its ambition to make a significant mark in the global fashion retail landscape.📊
Olympic Champion Neeraj Chopra Invests in OTT app Stage📺
Adding another feather to his cap, Olympic and world champion in men's javelin throw, Neeraj Chopra, has stepped into the world of over-the-top (OTT) platforms by investing in Stage, a regional-language-focused OTT app. Financial details remain undisclosed. 🌟🏹
Fintech startup GrowXCD Finance has secured Rs 50 crore ($6 million) in a Series A funding round led by Lok Capital, of which the first tranche of Rs 30 crore has been closed.
Elivaas, a tech-driven villa and luxury apartment management company, has raised $2.5 million in its seed round led by Peak XV Partners’ Surge.
Frendy, which is building a digitally connected convenience store network for smaller towns and rural India, has raised $2 million in a bridge round co-led by Auxano Capital, AT Capital Singapore, Priya Joseph, Rohan Jain & Rishabh Jain, Apurva Salarpuria family office and its existing investor Desai Ventures.
Tweet of the day🐥
As we bid adieu to this edition, carry with you the wisdom of "Persistence beats timing. Execution beats luck. Not immediately, but eventually."
Your commitment to perseverance and strategic action is the compass guiding you toward your goals.
Thank you for being part of our community, where together, we navigate the path to success with unwavering persistence and intentional execution, knowing that, in time, our efforts will bear fruit.
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!