Tata's iPhone Expansion📱, PhonePe's Lending Leap💼
Realme's Milestone, Berkshire's Paytm Farewell, Words of Wisdom to Navigate the News, Funding Deals and more.
Hello folks🙋🏻♂️,
Welcome to Rise & Shine, where we embrace the wisdom woven into these words.
“Be strict with yourself and tolerant of others. Your standards are for you.”
In the intricate dance of self-discipline and compassion, we find the key to personal growth and harmonious relationships.
Join us as we delve into the delicate balance of setting high standards for ourselves while extending understanding and tolerance to those around us.
In this edition, let's explore the transformative power of self-discipline and empathy, recognizing that the journey to our best selves involves both personal accountability and compassionate connection.
Tech Updates
Tata Electronics Powers Up Expansion Plans for iPhone Unit in Hosur📱
Tata Electronics, a vital cog in the Tata Group machinery, is gearing up to double the capacity of its iPhone-casing unit located in Hosur. Following the strategic acquisition of Wistron's iPhone assembly plant in Karnataka, Tata Electronics is poised to elevate its contract manufacturing capabilities, focusing on high-end electronic items and accessories. 📈💡
PhonePe to Unleash Consumer Lending Services by January 2024💳
PhonePe, a powerhouse in the digital payments realm, is set to debut its consumer lending services coming January 2024. The move is a strategic pivot to broaden revenue streams beyond merchant and bill payments, drawing inspiration from its successful foray into insurance distribution.💰
Realme Surpasses 200 Million Shipments, Set to Unveil Premium Phones🎁
In just over five years since its inception, Chinese smartphone manufacturer Realme has surpassed a significant milestone, shipping over 200 million phones. Notably, the majority of these shipments were directed outside China. Realme, positioned as the fifth fastest smartphone brand to achieve this feat, is now gearing up to introduce a range of premium phones.🌐
Berkshire Hathaway Bids Adieu to Paytm with ₹507 Crore Loss 📉
In a strategic financial move, Warren Buffett's Berkshire Hathaway, through BH International, has gracefully exited the realm of Paytm. This departure was marked by an open-market transaction, culminating in a loss of ₹507 crore on Berkshire Hathaway's initial investment in One 97 Communications, the parent company of Paytm. 💸👋
Funding Deals
Electric bicycle maker EMotorad raised Rs 164 crore in a funding round led by growth-stage venture capital firm Panthera Growth Partners. The funding round also saw participation from startup scaling firm xto10x, venture debt fund Alteria Capital, and existing investor Green Frontier Capital
Medicinal cannabis brand Cannarma has raised undisclosed investment in a pre-seed round led by Praveen Kaushik (founder -Zero to One Fund) at a pre-money valuation of Rs 17 crore ($2.04 million). Additionally, Amity Innovation Incubator has also backed the startup in this round.
Tweet of the day🐥
As we conclude this edition of Rise & Shine, carry with you the essence of "Be strict with yourself and tolerant of others. Your standards are for you."
Strive for personal excellence with unwavering commitment, knowing that your standards are a reflection of your aspirations.
Thank you for being part of our community, where together, we navigate the delicate dance of self-discipline and compassion, fostering a space for both personal growth and interconnected understanding.
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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