Windows 11's Magical Update🖥️, Zerodha's Soaring Success Story 💹
Windows 11's Magical Update🖥️, Zerodha's Soaring Success Story 💹
OpenAI's $90 Bn Valuation, Google Podcasts' Farewell, Byju’s Bold Restructuring Vision, Funding Deals and more.
Hi Everyone👋🏻,
Welcome to the newsletter! Here, you'll find the newest tech updates, startup insights, and inspiration.
Get ready to start your day the smart way!
If you've already joined, invite your friends to join as well!
Let's embark on this journey to knowledge and growth together!
Tech Updates
🖥️ Microsoft Unleashes Windows 11 Update with AI-Powered Copilot🪄
Microsoft has just dropped a game-changing Windows 11 update that promises to turbocharge your digital life. This update brings to the forefront an AI-powered assistant called Copilot, and it's here to make your computing experience smoother and smarter. With the magic of AI, Copilot is geared to accelerate tasks, eliminate friction, offer personalized solutions, and ultimately, save you precious time.🖱️
📈 Zerodha's Financial Success Climbs with FY23 Revenue Soaring 38%💹
Zerodha, the powerhouse in online stockbroking, is celebrating a remarkable financial year! In FY23, the company witnessed a stellar 38% surge in its overall revenue, clocking in at approximately Rs 6,875 crore. Adding more icing to the cake, Zerodha secured a profit after tax of Rs 2,900 crore. With around 6.3 million active clients as of August, Zerodha has firmly clinched the title of India's largest retail broker.📊
🤖 OpenAI Soars to $90 Billion Valuation in AI Gold Rush💰
In the midst of the AI investment frenzy, OpenAI is on the verge of a historic achievement. Talks of selling existing shares could catapult OpenAI's valuation to an astounding $80-90 billion, securing its spot as a tech giant in the AI realm. 🌟📈
🎧 Google Podcasts Bids Farewell in 2024, Merges with YouTube Music👋
Say goodbye to Google Podcasts as it's set to close shop in 2024. The solution? Migrate to Podcasts within the YouTube Music app, ensuring your listening experience isn't interrupted. Tune in until 2024! 📻📆
💼 Byju’s New CEO, Arjun Mohan, Charts Bold Course for Restructuring🚀
Byju's new India CEO, Arjun Mohan, has hit the ground running with a sweeping restructuring plan. Tasked with curbing escalating costs, he's set to trim the workforce by around 4,000-4,500 jobs. This bold move aims to ensure a leaner and more efficient future for the edtech giant. A transformative journey begins! 💪
Funding Deals
Beauty and personal care D2C firm Pilgrim has raised $20 million in Series B funding led by Vertex Ventures Southeast Asia and India. Existing investors Fireside Ventures & Narotam Sekhsaria Family Office also participated in the round.
EV motorcycle startup Raptee has raised $3 million in a pre-Series A round led by deep-tech VC fund Bluehill Capital. The round saw participation from Eugene Mayne, Lakshmi Narayanan, Ramesh Kannan, Kaynes Technology, Chandu Nair, Shankara Building Products, and other HNIs from India and the UAE.
Health and wellness platform FlexifyMe has raised $1 million in its seed round from Flipkart Ventures, the investment arm of e-commerce marketplace Flipkart. Other notable participants like GSF, iHub Anubhuti, Chandigarh Angels (CAN), Venture Catalyst, and OneCapital among other prominent angels have also joined the round.
Artificial Intelligence post-production startup Algomage is raising $500K in a pre-Series A funding round led by Flipkart Ventures.
App publisher AppyHigh has launched a generative AI-led productivity, and creativity bundle aimed at solopreneurs and SMBs. The bundle includes an AI image generator, AI photo editor, chat assistant, Avatar maker, and VPN & camera scanner.
Tweet of the day🐥
“Start every day with a new hope, leave bad memories behind, and have faith for a better tomorrow.”
Thanks for reading till the end!