Discover more from Rise & Shine ☀
Week in Review (Aug 14 - Aug 19)
Unleash the Power of the Week's Best Bits! From Big Bucks to Bold Innovations, Dive into the Review! 🚀🔍
Ready for a whirlwind tour of the tech cosmos?
Buckle up as we rewind the week, unveiling the most electrifying updates and game-changing funding deals. Get ready to be empowered with insights that'll fuel your tech passion.
Let's dive into a byte-sized brilliance marathon! 🌟🚀
Quick Recap of the Week
Xpressbees acquires Trackon in all-cash deal
TikTok owner bets on Resso & Lark for a Byte of India market
Amazon ads eating into Google & Meta’s digital marketing pie
Ola Electric to launch bikes by 2024-end, introduces new scooters
Infosys announces $1.6 billion deal with telecom firm Liberty Global
Cabinet approves outlay of Rs 14,903 crore to expand Digital India
Foxconn's Tamil Nadu plant begins production of iPhone 15
InMobi acquires Quantcast Choice to manage consent for publishers
New York City bans TikTok on govt devices over security concerns
Flipkart's Aim: GenZ Shoppers, Meet 'Spoyl' Inside!
Digital economy to contribute over 20% of India’s GDP by 2026: Mos IT Rajeev Chandrasekhar
We changed how we share tech updates in Friday's edition. Please check it out and give us your feedback by replying to the email.
Let’s move on to the top funding deals from the week.
Privacy solutions provider for generative AI space, DynamoFL, has raised $15.1 million as a part of a fresh funding round, co-led by existing investors Nexus Venture Partners and Canapi Ventures.
Contiinex, a speech AI startup, has raised $2 million in a pre-Series A round from two tech-focused venture fund houses, YourNest and Refex Capital.
Artificial intelligence-powered educational platform Shaktimaan.ai has secured $2 million in its seed funding round co-led by Y Combinator, Fundersclub, GoodWater Capital, founders of Jar, along with other investors.
Fintech startup Vegapay, a digital lending and card management platform, has raised $1.1 million in a pre-seed funding round led by Eximius Ventures.
Nazara Technologies announced that it will invest up to $500,000 (about Rs 4.15 crore) in Israel-based gaming startup Snax Games.
Traveltech startup Teleport has raised $500K in a pre-seed round from investors including entrepreneur Kunal Shah, Vidit Aatrey, Kishore Ganji, Appreciate Capital, Superb Capital, 888vc, and FAAD network.
Jewellery savings app Plus has raised $350K in its seed round co-led by EvolveX which is a startup accelerator spearheaded by We Founder Circle along with VCats and other angel investors.
Thanks for being a part of the Rise & Shine community!
If you enjoyed today's newsletter, please consider sharing it with your friends and on social media 🌟
Help us spread the word about our daily dose of inspiration, growth hacks, and tech updates.
Together, we can empower more individuals to achieve their full potential.
Let's Rise & Shine together!