Rishabh Pant invests in TechJockey🏇🏻
Infosys eyes space tech sector, Reliance Power share are up by 5%, Astrotalk rides online astrology boom, Funding Deals and more.
Good morning and welcome to Friday’s edition of Rise & Shine!
“When you know your worth, no one can make you feel worthless.”
Today’s quote serves as a powerful reminder that true self-worth comes from within. Knowing your value makes you resilient to external negativity.
Self-worth acts as a shield, protecting you from negativity and empowering you to stand strong in who you are.
Tech Updates
Rishabh Pant picks up 2% stake in online software marketplace TechJockey
Online software marketplace TechJockey on Thursday said cricketer Rishabh Pant has picked up 2 per cent stake in the company for Rs 7.40 crore. Techjockey, founded in 2017 by former Zomato Vice President Akash Nangia and his college friend ex-McKinsey executive Arjun Mittal, connects software vendors with small businesses across India.
Infosys eyes space tech sector with strategic investment in GalaxEye
Global IT services giant Infosys announced on September 19 about its plans to invest up to ₹17 crore (approximately $2 million) in space tech startup GalaxEye Space Solutions. The investment, part of the Infosys Innovation Fund, marks the company's entry into the burgeoning space technology sector, keeping it in focus on September 20.
Reliance Power share are up by 5%, Nifty up by 0.92%
At 20 Sep 11:17 today, Reliance Power shares are trading at price ₹36.35, 5% up from the previous closing price. Sensex is trading at ₹84156.76, up by 1.17%. The stock has hit a high of ₹36.35 and a low of ₹35.86 during the day.
Astrotalk rides online astrology boom to double FY24 revenue to Rs 651 crore
Demonstrating the growing popularity of online astrology, Astrotalk’s operating revenue more than doubled in FY24 on year to Rs 651 crore as it expanded its presence in domestic and international markets. The company amped up its spend on marketing during FY24 with the costs going up to Rs 157 crore from Rs 74 crore in FY23.
Funding Deals
Application programming interface (API) infrastructure platform M2P Fintech (formerly Yap) has raised Rs 417.5 crore ($50 million) from new investor Taj Investment Holdings.
Mobility startup Everest Fleet has raised Rs 251.7 crore (approximately $30 million) in its Series C round from global ride-hailing giant Uber.
Microlending platform Aye Finance has raised Rs 250 crore ($30 million) in a Series G round led by Singapore’s ABC Impact.
Education loans-focused fintech startup GrayQuest is set to raise Rs 53 crore ($6 million) in a Series B round co-led by Pravega Fund and IIFL Fintech Fund.
NowPurchase, a SaaS-enabled marketplace for metal manufacturers, has raised $6 million in equity and debt round led by Info Edge Ventures.
Domestic help service provider Bookmybai has raised Rs 2 crore in its pre-Series A round led by Inflection Point Ventures.
🎖️ Short Story: The Confident Performer
Sara, a talented singer, used to struggle with harsh feedback from critics. Every negative comment made her question her abilities and worth as an artist. One day, after a particularly tough review, she decided to focus on her own opinion of herself instead of relying on external validation.
Sara took time to reflect on her accomplishments and the joy her music brought to others.
This shift in mindset changed everything. Once Sara understood her value as an artist, she performed with renewed confidence and authenticity. Though the criticism didn’t stop, it no longer held the same weight.
Sara’s self-worth was now rooted in her belief in herself, making her unstoppable.
Tweet of the day🐥
As you wrap up the week, take a moment to reflect on your own worth. Know that your value comes from within and is not defined by others' opinions.
Rise & Shine is here to encourage you to stand strong in the knowledge of your worth and to never let anyone make you feel otherwise.
Have a confident and self-assured Friday!
Thanks for reading till the end!