Tatas EV Unit eyes $1-2 Bn IPO🚘
Tatas EV Unit eyes $1-2 Bn IPO🚘
Kalaido.ai - works with 17 local languages, Payt Payments bank saga continues, Accenture's 10% upswing in revenue via GenAI, Funding Deals and more.
Hello, Compassionate Souls and Guardians of Discipline!
"Be tolerant with others and strict with yourself."
- Marcus Aurelius
Envision a world where tolerance towards others is coupled with unwavering self-discipline.
Join us as we explore the transformative philosophy that true harmony begins with compassion for others and accountability for oneself.
Get ready to cultivate a mindset of empathy and determination as we navigate the complexities of human interaction.
Tech Updates
Kalaido.ai paints a pretty picture from local language text prompts
Homegrown AI unicorn Fractal has developed India’s first text-to-image diffusion model Kalaido.ai, capable of generating high-quality images from text prompts in English and 17 Indian languages including Hindi, Kannada, Tamil, Telugu and Sanskrit.
No question of Fema breach, Paytm Payments Bank tells ED
Embattled Paytm Payments Bank has told the Directorate of Enforcement (ED) that it does not possess the licence required for outward foreign remittances, and hence, the question of it violating forex laws does not arise, sources told. The federal agency last week reached out to the Reserve Bank of India (RBI) to verify this claim.
Accenture spots about 10% revenue upswing via GenAI
Accenture has started to see a potential revenue upswing of about 10% with the use of generative artificial intelligence (GenAI) in some important business units, Senthil Ramani, global lead – data and AI at Accenture, said.
Tata Electric Vehicle Unit eyes $1-2 billion IPO in FY25-26, says report
Riding the wave of India’s burgeoning electric vehicle (EV) market, Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors and the brain behind popular models like Nexon EV and Tiago EV, is revving up for a potential initial public offering (IPO) in the next 12-18 months. This public debut, aiming to raise $1-2 billion.
Funding Deals
Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round led by existing backer Valecha Investments.
🙇🏻♀️ Short Story: The Balance of Compassion and Discipline
In a bustling community, a leader named Mia lived by the wisdom, "Be tolerant with others and strict with yourself."
Mia, embodying the principles of compassion and discipline, inspired the community to foster understanding while upholding personal accountability.
The community, inspired by Mia's balanced approach, began to see that true harmony was found in the delicate balance between compassion for others and self-discipline.
Tweet of the day🐥
As we conclude this edition, reflect on the significance of compassion and discipline in your interactions with others and yourself.
Thank you for being part of our community, where together, we strive to cultivate empathy and accountability.
Get ready to embrace the challenges of growth and the rewards of courage, tomorrow.
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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