UPI Crosses 10 Bn Transactions💸, Free Fire returns🕹️
VCs Dive into CXO Recruitment, Lessons from Chandrayaan-3 in IIM, Funding Deals and more. 🕵️♂️📚
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Tech Updates
📈 UPI Crosses Record-Breaking 10 Billion Transactions Milestone! 💸
History is in the making as UPI soars to an unprecedented feat, surpassing 10 billion transactions in August. National Payments Corporation of India (NPCI) announces this monumental stride in the world of digital payments, reaffirming UPI's position as a game-changer in India's financial landscape! 🌐💰
🔥 Garena's Free Fire Makes a Fiery Comeback in India! 🎮🇮🇳
Hold onto your seats, gamers! Garena's beloved battle royale sensation, Free Fire, is roaring back into India's gaming scene. After a year-long hiatus due to government restrictions, the adrenaline-pumping action is set to reignite the gaming community. Get ready to dive back into the battlegrounds! 💥🕹️
🔍 VCs Dive into CXO Recruitment at Early-Stage Startups! 🕵️♂️
Indian VC investors intensify their engagement in hiring top leadership roles at early-stage startups. Striving to address governance and compliance challenges, VCs step into the recruitment arena to ensure a seamless ride for new-age companies toward success! 💼
🌕 Chandrayaan-3's Frugal Triumphs: A Lesson for IIM Classrooms! 📚
Beyond the moon's surface, Chandrayaan-3 has gifted us lessons in frugal innovation. Its journey on a modest budget of Rs 615 crore is now set to inspire future business leaders at IIMs. Learn from its pages on strategy, resource optimization, resilient leadership, and the art of transforming failures into stepping stones. 🌟
🔒 Protecting Your Privacy: X's AI Journey Without Your Data 🛡️
Elon Musk assures users that X Corp (formerly Twitter) is taking a principled stand. Your personal data won't be fueling its AI prowess. While X updated its privacy policy, the company's CEO is adamant that your biometric data and employment history will remain confidential. Your privacy matters as X advances into the realm of AI and ML. 🤖🔒
Funding Deals
Hyderabad-based data-driven fintech startup CredRight has raised Rs 78 crore ($9.7 million approx) in funding through a combination of equity and debt. While Michael & Susan Dell Foundation led the equity round along with existing investors including YourNest, Spearhead Capital, 9Unicorns, and AccionVenture Lab, the debt round was led by BlackSoil, Caspian Debt, RevX Capital, and Westen Capital.
Logistics company ShipEase has raised $1 million in a pre-Series A Round led by Inflection Point Ventures.
Speak, an artificial intelligence (AI)-backed English language learning platform, has raised $16 million in fresh funding led by venture capitalist Lachy Groom.
Tweet of the day🐥
“I’ve failed over and over and over again. And that is why I succeed.”
- Michael Jordan
🚀 That's a wrap for today's tech rollercoaster! Hope your day's charged up!
Catch those dreams and meet us back here tomorrow for the Weekly Review edition.
Until then, stay geeky, stay curious, and remember, the future's just a click away! 🌟
