RIL Market Cap Hits ₹20 Lakh Crore📊

Feb 13, 2024

Hello Adventurers and Risk Takers!

"One thing’s for sure, if you don’t play, you don’t win."

Envision a life where opportunities are seized with boldness, knowing that inaction guarantees stagnation.

Join us as we explore the transformative philosophy that the path to victory begins with the courage to step onto the playing field.

Get ready to embrace the thrill of the game and unlock the rewards that await the daring.

Sorry for the late delivery of the newsletter today!

RIL share price hits record high; mcap tops ₹20 lakh crore for first time

RIL share price: Reliance Industries (RIL) share price climbed almost 2% to hit its fresh all-time high of ₹2,957.80 in intraday trade on BSE on Tuesday, February 13. This remarkable increase in the stock price propelled the company's market capitalization to almost ₹20 lakh crore for the first time.

Hardly room to review action against Paytm Payments Bank: RBI Guv

Reserve Bank of India governor Shaktikanta Das on Monday said there is “hardly any room for review” of the central bank’s decision against Paytm Payments Bank. Das said the RBI takes action against regulated entities “only after a comprehensive assessment.” Das had said on February 8 that the action was taken due to “persistent non-compliance” by the Vijay Shekhar Sharma-led fintech company.

Healthtech platforms leverage AI to enhance product offerings

Tech platforms in health and fitness are increasingly leveraging artificial intelligence (AI) to enhance their offerings. While these startups embrace the technology, they also stress that it cannot do certain things as well as humans can – such as motivating a user.

Tata Digital explores operational integration

In a move aimed at streamlining operations and cutting costs, Tata Digital is mulling the integration of operational structures of key assets such as Big Basket, Tata 1mg, and Tata Cliq.

Spiritual tech startup AstroTalk has raised $20 million in a Series A round from Left Lane Capital, a New York-based venture capital firm.
Full-stack pet care startup Supertails has raised Rs 125 crore (approximately $15 million) in a Series B funding round led by RPSG Capital Ventures and existing investors Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC.
Instant food brand Yu has raised Rs 20 crore in a follow-on Series A round following its last fundraise in November 2022. The round was led by Ashish Kacholia and the Asian Paints Promoter Group (Manish Choksi, Varun Vakil).
Corrit Electric, an electric vehicle startup, has raised Rs 5 crore in funding from Porush Jain.
Mumbai-based fintech platform PocketATM has raised $400K in its pre-seed round from Indian Express Commercial Ventures, Samir Modi of Modicare, Himanshu Nautiyal from Fractal Analytics, Nirav Mehta of Morgan Stanley Private Equity, Hemant Adarkar of Artha Center, Venkatesh Hariharan, a Public Policy Advisor, and Rajat Agarwal, Partner at Vertices Partners.

🎖️ Short Story: The Quest for Victory

In a spirited town, an adventurer named Alex lived by the mantra, "One thing’s for sure, if you don’t play, you don’t win."

Alex, diving into challenges with enthusiasm, inspired the community to embrace risk as the gateway to reward.

Inspired by Alex's fearless ambition, the town began to see that every leap into the unknown carried the promise of victory.

As we conclude this edition, reflect on the power of taking action in your journey.

Thank you for being part of our community, where together, we embrace the adventure of life and dare to chase our dreams.

Get ready to cultivate wisdom that nourishes both mind and soul.

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 ☀