Starlink's Indian Odyssey📡, Nazara's Soaring Triumphs🎮
Embracing Self-Discovery, WeWork's Ambitious Growth, Jio's Budget-Friendly Phone, Funding Deals and more.
Hello folks🙋🏻♂️,
Welcome to Rise & Shine, today we explore the transformative magic hidden within the ordinary, inspired by Jon Kabat-Zinn's profound insight.
"When you pay attention to boredom, it gets unbelievably interesting."
- Jon Kabat-Zinn
Amid life's seemingly mundane moments, lies a treasure trove of fascination waiting to be discovered. By embracing boredom and turning our attention inward, we unveil a world of creativity, self-reflection, and unexpected inspiration.
Join us in this journey of mindful observation, where boredom transforms into a gateway for newfound interests and self-discovery, reminding us that every moment, no matter how ordinary, holds the potential for extraordinary revelations.
Tech Updates
Musk’s Starlink Nears Approval for Satellite Communications in India📡
Elon Musk's ambitious venture, Starlink, is on the cusp of securing the green light to offer voice and data communication services from space within India. This significant development comes as the government has reportedly been satisfied with the company's explanations and commitments related to data storage and transfer regulations. 🌏
WeWork India Anticipates 30% Surge in FY24 Revenue Amid Global Challenges 📈
While WeWork Global navigates challenges in the US, WeWork India stands resilient and unaffected. The company remains steadfast in its growth trajectory, aiming for a substantial 30% increase in revenue for the fiscal year 2024. WeWork India plans to augment its footprint significantly, to add 1.5 million to 2 million sq ft of office space annually. Currently spanning seven cities and 50 locations, WeWork India boasts over 70,000 members and 90,000-plus desks, totaling an impressive 6.5 million sq ft. ✨
Nazara Technologies Q3 Profit Soars by 53% 🚀
In a stellar performance, gaming and media powerhouse Nazara Technologies has reported a remarkable 53% surge in its quarterly profit after tax. The figures soared to a substantial Rs 24.2 crore in the quarter ending September 2023, reflecting the company's robust financial health and strategic prowess. 🎮
Reliance Jio Unveils Affordable JioPhone Prima 4G at ₹2599 📱💫
Reliance Jio has launched its highly anticipated JioPhone Prima 4G, an affordable and feature-packed keypad phone priced at just ₹2599. Boasting 4G capabilities and powered by KaiOS, this sleek device provides seamless internet access and supports popular apps like YouTube, WhatsApp, Facebook, and Google Assistant.🌐
Funding Deals
Mumbai-based quick commerce startup Zepto has raised another $31 million in an extended funding round from existing investors StepStone Group and Goodwater Capital.
Hearing Solutions, which operates the audiology chain Hearzap, has raised Rs 50 crore funding round led by 360 One Asset Management.
Quickwork, a no-code automation and API integration platform, has raised $2.5 million in its pre-Series A round led by DMI Alternative Investment Fund – The Sparkle Fund, and NIS Ventures Group.
Kolkata-based beauty brand WishCare has raised Rs 20 crore in its first institutional round led by Unilever Ventures.
mirrAR, an augmented reality (AR) platform for fashion brands, announced that it has raised Rs 13 crore in a round led by US-based IT services company Diaspark and India Angel Network (IAN).
BranchX, an AI-powered Indic neobank, has raised $900,000 in a bridge funding round led by Abdul Khaliq and Rais Motlekar. Additionally, BranchX’s existing angel investor Afzal Modak co-invested in this bridge round.
Mumbai-based edtech platform Offee has raised Rs 5.25 crore in funding from JITO Incubation and Innovation Foundation (JIIF) Investors, Bombay Industry Association (BIA), and Riidl.
Mobile gaming studio BlackLight Games has raised an undisclosed amount of funding in its first institutional financing round led by Udyat Ventures.
Japanese two-wheeler major Yamaha Motors has made a strategic investment in two-wheeler rental startup Royal Brothers.
Tweet of the day🐥
As we conclude today’s edition of Rise & Shine, we encourage you to heed Jon Kabat-Zinn's wisdom and pay attention to the moments of boredom that pepper our lives.
Amidst the stillness, lies the opportunity for self-exploration and personal growth. Consider picking up a neglected hobby, delving into a new book, or simply observing your thoughts and emotions.
By embracing boredom with mindfulness, you open the door to a world of undiscovered passions and insights, making the ordinary truly extraordinary.
We are grateful for your presence in our community, reminding us that even in the quietest moments, there is a universe of interesting discoveries waiting to be made.
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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