SoftBank’s $1.9 Billion Win💸
Zomato’s Fee Surge, ISRO's Milestone Launch, Unveiling Funding Deals and Embracing Change in 2024!
Happy New Year! May you all achieve whatever your heart desires💖
We are back with a new edition of Rise & Shine to kickstart 2024 and make the best of it.
Greetings, Catalysts of Transformation!
"Change is never painful, only the resistance to change is painful."
- Buddha
Brace yourselves for an exploration into the essence of change. Life's tapestry is woven with shifts, and Buddha's insight illuminates the path through the dance.
Get ready to kick off the year with a mindset primed for boundless transformation!
Tech Updates
SoftBank took home $1.8-1.9 billion from four listed portfolio companies
Japan’s SoftBank, a prolific backer of Indian startups, has sold stakes worth $1.8-1.9 billion in four listed new economy companies – Paytm, Zomato, Delhivery and PB Fintech – over the past year. Having stayed away from making any new bets since 2022, it still holds shares of about $1.1-1.2 billion in these firms.
Zomato hikes platform fee it charges users in key markets
Food-delivery platform Zomato has hiked the platform fee charged to customers from Rs 3 to Rs 4 in key markets, a 33% increase effective from January 1. In the New Year’s Eve surge, the company had upped the fee to as high as Rs 9 in some cities.
Isro launches India’s first dedicated polarimetry mission
The Indian Space Research Organisation (Isro) on Monday placed an X-ray Polarimeter Satellite (XPoSat) in an orbit 650 km from Earth, in a successful start to a mission to study astronomical x-ray sources and black holes.
Funding Deals
Financial advisory platform Cashvisory has secured Rs 1.2 crore in a pre-seed round led by SucSEED Indovation Fund along with participation from EvolveX, We Founder Circle and angel investors like Ashok Agrawal, Upasna Koul & Deepika Asthana.
🕺🏻 Short Story: The Dance of Transformation
In a serene village, a wise elder named Kavi shared Buddha's wisdom with those seeking guidance on change. Kavi emphasized, "Change is never painful, only the resistance to change is painful."
A young villager facing personal challenges sought Kavi's counsel. Kavi guided them to view change as a dance of transformation.
As the villagers embraced the ebb and flow of life's shifts with openness, the perceived pain transformed into an opportunity for growth and renewal.
Tweet of the day🐥
As we wrap up this edition, anticipate tomorrow's adventure delving into the invigorating philosophy of standing firm in the face of moral dilemmas.
Stay tuned for a fresh perspective that inspires and elevates your daily journey.
Thank you for being part of our community, where together, we embrace change and set the stage for a year of profound growth.
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!
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