• Tata Tech starts work on IPO to raise up to Rs 4,000 crore📊
• OYO to refile IPO papers with updates to Sebi by mid-February📃
• Microsoft to lay off 10,000 employees, cut 5% of global workforce🙋🏻♀️
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• OYO to refile IPO papers with updates to Sebi by mid-February📃
• Microsoft to lay off 10,000 employees, cut 5% of global workforce🙋🏻♀️
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Rise & Shine ☀
Tata Tech IPO📊, Oyo to refile DRHP📃, Microsoft cut 5% of global workforce🙋🏻♀️
Tata Tech starts work on IPO, OYO to refile IPO papers, Microsoft to lay off 10,000, FREE Growth Course, Funding Deals and more.
• PhonePe raises $350 million in first tranche of $1 billion fundraise💰
• Sun Pharma to acquire US-based Concert for $576 million⚕️
• Adani looks to enter in water segment, to launch ₹20,000 cr FPO next Friday📊
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• Sun Pharma to acquire US-based Concert for $576 million⚕️
• Adani looks to enter in water segment, to launch ₹20,000 cr FPO next Friday📊
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Rise & Shine ☀
PhonePe at $12 Bn💰, Sun Pharma acquires⚕️, Adani's ₹20,000 Cr FPO📊
PhonePe raises $350 million, Sun Pharma to acquire Concert for $576 Mn, Adani to launch ₹20,000 cr FPO, Funding Deals and more.
Funding Deals in Indian Startups (January 16 - January 21)
• Avanse Financial Services - $98.5 Mn
• Mad Street Den - $30 Mn
• Beaconstac - $25 Mn
• The Isprava Group - $19.7 Mn
• Locad - $11 Mn
• NeoGrowth Credit Pvt. Ltd. - $10 Mn
• Mumbai Oncocare Center (MOC) - $10 Mn
• Breathe Well-being - $6 Mn
• Chara Technologies - $4.75 Mn
• Gullak - $3 Mn
• Podeum - $1 Mn
• Zlade - $1.5 Mn
• Meratractor - $615k
• Amama Jewellery - 250k
• SayF - $240k
• SocialBoat - $200k
Check more details about funding deals: https://riseshine.in/category/funding/
• Avanse Financial Services - $98.5 Mn
• Mad Street Den - $30 Mn
• Beaconstac - $25 Mn
• The Isprava Group - $19.7 Mn
• Locad - $11 Mn
• NeoGrowth Credit Pvt. Ltd. - $10 Mn
• Mumbai Oncocare Center (MOC) - $10 Mn
• Breathe Well-being - $6 Mn
• Chara Technologies - $4.75 Mn
• Gullak - $3 Mn
• Podeum - $1 Mn
• Zlade - $1.5 Mn
• Meratractor - $615k
• Amama Jewellery - 250k
• SayF - $240k
• SocialBoat - $200k
Check more details about funding deals: https://riseshine.in/category/funding/
• Hero Electric looks to raise nearly Rs 2,000 crore to drive expansion🛵
• Amazon, Samara Capital pump Rs 300 crore into More Retail🛒
• Musk announces more expensive subscription for ad-free Twitter🤑
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• Amazon, Samara Capital pump Rs 300 crore into More Retail🛒
• Musk announces more expensive subscription for ad-free Twitter🤑
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Rise & Shine ☀
Hero Electric expansion🛵, More Retail🛒, Musk goes ad-free🤑
Hero Electric looks to raise Rs 2,000 cr, Amazon-Samara Capital pump Rs 300 cr, Musk announces more expensive subscription, Funding deals and more.
• Amazon Air launched in India, promises faster deliveries✈️
• Zomato is winding up its 10-minute food delivery business🍔
• Apple exports iPhones worth $1 billion from India in December📱
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• Zomato is winding up its 10-minute food delivery business🍔
• Apple exports iPhones worth $1 billion from India in December📱
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Rise & Shine ☀
Amazon Air✈️, Zomato to rebrand🍔, Apple exports📱
Amazon Air launched in India, Zomato is winding up its 10-min biz, Apple exports iPhones worth $1 billion, Funding Deals and more.
• Seven countries to sign up for India Stack's digital public goods📁
• Zomato Gold returns with discounts on delivery and dining out🥞
• Google layoffs averted ‘much worse’ issues, says Sundar Pichai👩🏻💻
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• Zomato Gold returns with discounts on delivery and dining out🥞
• Google layoffs averted ‘much worse’ issues, says Sundar Pichai👩🏻💻
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Rise & Shine ☀
India Stack📁, Zomato Gold returns🥪, Pichai defends layoffs👩🏻💻
Seven countries to sign up, Zomato Gold returns with discounts, Sundar Pichai on Google layoffs, Funding Deals and more.
• BCCI nets ₹4,670 cr from auction of five Women’s IPL teams🏏
• PhonePe investors paid ₹8,000 crores in taxes to make India its home⚖️
• Accel, Tiger Global in talks to exit Flipkart🛒
Read today's newsletter 👉🏻 https://risenshine.substack.com/p/26jan
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• PhonePe investors paid ₹8,000 crores in taxes to make India its home⚖️
• Accel, Tiger Global in talks to exit Flipkart🛒
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Rise & Shine ☀
BCCI nets ₹4,670 Cr from Women's IPL🏏, PhonePe's ₹8000 Cr transfer⚖️, Flipkart🛒
BCCI nets ₹4,670 Cr from Women's IPL, PhonePe investors paid ₹8,000 crores in taxes, Accel, Tiger Global in talks to exit Flipkart, Funding Deals and more.
Funding Deals in Indian Startups (January 23 - January 28)
• Log9 Material - $40 Mn
• Ecozen - $25 Mn
• FuelBuddy - $20 Mn
• Rigi - $12.3 Mn
• Landeed - $8.3 Mn
• GENLEAP - $3.3 Mn
• Myelin Foundry - $3 Mn
• Studio Sirah - $2.6 Mn
• MProfit - $2 Mn
• D-Nome - $1.5 Mn
• PrivaSapien - $980k
• D’chica - $200k
• OnArrival - $175k
Check more details about funding deals: https://riseshine.in/category/funding/
• Log9 Material - $40 Mn
• Ecozen - $25 Mn
• FuelBuddy - $20 Mn
• Rigi - $12.3 Mn
• Landeed - $8.3 Mn
• GENLEAP - $3.3 Mn
• Myelin Foundry - $3 Mn
• Studio Sirah - $2.6 Mn
• MProfit - $2 Mn
• D-Nome - $1.5 Mn
• PrivaSapien - $980k
• D’chica - $200k
• OnArrival - $175k
Check more details about funding deals: https://riseshine.in/category/funding/
• Zoho India unit profit rises 43%📈
• Razorpay’s forex service to help founders transfer funding to India💱
• Chinese search giant Baidu to launch ChatGPT-style bot🤖
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• Razorpay’s forex service to help founders transfer funding to India💱
• Chinese search giant Baidu to launch ChatGPT-style bot🤖
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Rise & Shine ☀
Zoho profit rises📈, Razorpay’s forex service💱, China's ChatGPT🤖
Zoho India unit profit rises 43%, Razorpay to help founders transfer fund, Baidu to launch ChatGPT-style bot, Funding Deals and more.
• Byju’s tests at-home one-on-one tuitions for K12🧑🏻🏫
• Tech Mahindra's net profit falls 5% YoY to Rs 1,297 crore but beats estimates📉
• Fintechs ask RBI for clear First Loss Default Guarantee framework📜
Read today's newsletter 👉🏻 https://risenshine.substack.com/p/31jan
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• Tech Mahindra's net profit falls 5% YoY to Rs 1,297 crore but beats estimates📉
• Fintechs ask RBI for clear First Loss Default Guarantee framework📜
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Rise & Shine ☀
Byju's one-on-one tuitions🧑🏻🏫, Tech Mahindra results📉, Fintechs ask RBI📜
Byju’s tests at-home one-on-one tuitions, Tech Mahindra's net profit falls 5%, Fintechs ask RBI for clear framework, Funding Deals and more.
• Budget 2023: FM Nirmala Sitharaman to present the last full budget today🧧
• Economic Survey calls for simpler tax rules to bring startups back💫
• Spotify's user growth beats estimates, expects 500M listeners next quarter🎧
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• Economic Survey calls for simpler tax rules to bring startups back💫
• Spotify's user growth beats estimates, expects 500M listeners next quarter🎧
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Rise & Shine ☀
Budget 2023🧧, Economic Survey💫, Spotify's growth🎧
Budget 2023, Economic Survey calls for simpler tax rules, Spotify's user growth beats estimates, Funding Deals and more.
A summary of budget statements relating to startups and technology.
Finance Minister Nirmala Sitharaman presented her fifth budget speech in Parliament on Wednesday. The FM said the government's vision for the 'Amrit Kaal' includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector.
Finance Minister Nirmala Sitharaman during her Budget speech made several announcements related to the tech and startup sectors, including relief on customs duties on the import of certain parts, expansion of the scope of Digilocker, AI centers, fund for agritech startups, among others.
Read the full article 👉🏻 https://riseshine.in/budget-2023
Finance Minister Nirmala Sitharaman presented her fifth budget speech in Parliament on Wednesday. The FM said the government's vision for the 'Amrit Kaal' includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector.
Finance Minister Nirmala Sitharaman during her Budget speech made several announcements related to the tech and startup sectors, including relief on customs duties on the import of certain parts, expansion of the scope of Digilocker, AI centers, fund for agritech startups, among others.
Read the full article 👉🏻 https://riseshine.in/budget-2023
Rise & Shine
Budget 2023 Special - Rise & Shine
Summary of budget statements regarding technology and startups. What does it mean for Startups? - Rise & Shine
• DigiLocker set to be digital health document repository🔒
• Youtuber CarryMinati buys minority stake in esports firm Big Bang Esports🎮
• ChatGPT sets record for fastest-growing user base📈
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• Youtuber CarryMinati buys minority stake in esports firm Big Bang Esports🎮
• ChatGPT sets record for fastest-growing user base📈
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Rise & Shine ☀
DigiLocker🔒, CarryMinati buys stake in esports firm🎮, ChatGPT sets record⚡
DigiLocker to be digital health docx repository, CarryMinati buys minority stake in esports firm, ChatGPT - fastest-growing user base, Funding Deals and more.
Funding Deals in Indian Startups (January 30 - February 04)
• IndoSpace - $205 Mn
• Enzene Biosciences - $50 Mn
• Bounce Infinity - $20 Mn
• Freightify - $12 Mn
• Profit.co - $11 Mn
• CapGrid - $7 Mn
• The Esports Club - $3 Mn
• Nourish You - $2 Mn
• Swytchd - $553k
• A Toddler Thing - $265k
• Snitch - $180k
• OLL - $36k
Check more details about funding deals: https://riseshine.in/category/funding/
• IndoSpace - $205 Mn
• Enzene Biosciences - $50 Mn
• Bounce Infinity - $20 Mn
• Freightify - $12 Mn
• Profit.co - $11 Mn
• CapGrid - $7 Mn
• The Esports Club - $3 Mn
• Nourish You - $2 Mn
• Swytchd - $553k
• A Toddler Thing - $265k
• Snitch - $180k
• OLL - $36k
Check more details about funding deals: https://riseshine.in/category/funding/
• UPI Lite on Paytm, PhonePe soon for smaller epayments📱
• Tim Cook says Apple grew “very strong double digits” in India📈
• Google planning to launch its own AI Chatbot to rival ChatGPT🤖
Read today's newsletter 👉🏻 https://risenshine.substack.com/p/6feb
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• Tim Cook says Apple grew “very strong double digits” in India📈
• Google planning to launch its own AI Chatbot to rival ChatGPT🤖
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Rise & Shine ☀
UPI Lite📱, Tim Cook on Apple in India📈, Google to launch its own AI Chatbot🤖
UPI Lite on Paytm, PhonePe soon, Tim Cook says Apple grew strong in India, Google to launch ChatGPT rival soon, and more.
• Government ban impacts non-Chinese lending apps LazyPay, Kissht🚫
• Paytm says operating level profitability ‘sustainable’📈
• What is Bard? Google CEO Sundar Pichai explains the newly introduced AI chatbot🤖
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• Paytm says operating level profitability ‘sustainable’📈
• What is Bard? Google CEO Sundar Pichai explains the newly introduced AI chatbot🤖
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Rise & Shine ☀
Govt ban impacts loan apps🚫, Paytm📈, Pichai explains newly introduced 'Bard'🤖
Government ban impacts non-Chinese lending apps, Paytm says profitability ‘sustainable’, What is Bard? Google CEO explains, Funding Deals and more.
• PhonePe users can make UPI payments in countries outside of India🌐
• Paytm shares hit 20% upper circuit on first-ever quarterly profit📈
• Vedanta will play lead in Foxconn JV with 63% stake🏭
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• Paytm shares hit 20% upper circuit on first-ever quarterly profit📈
• Vedanta will play lead in Foxconn JV with 63% stake🏭
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Rise & Shine ☀
PhonePe goes international🌐, Paytm hit 20% upper circuit📈, Vedanta 🤝🏻 Foxconn
PhonePe users can make payments outside of India, Paytm hit 20% upper circuit, Vedanta will play lead, Funding Deals and more.
• India may invite more companies to set up semiconductor units🏭
• Zomato’s net loss widens to Rs 347 Cr in Q3📉
• Ola Electric delays delivery of its cheapest scooter S1 Air to July🛵
Read today's newsletter 👉🏻 https://risenshine.substack.com/p/10feb
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• Zomato’s net loss widens to Rs 347 Cr in Q3📉
• Ola Electric delays delivery of its cheapest scooter S1 Air to July🛵
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Rise & Shine ☀
India invites for semiconductor units🏭, Zomato Q3📉, Ola Electric delays S1 Air🛵
India may invite more companies to set up semiconductor units, Zomato’s net loss widens, Ola Electric delays delivery of its cheapest scooter, Funding Deals and more.
• PhysicsWallah announces joint venture with Utkarsh Classes🤝🏻
• Ashneer Grover’s Third Unicorn forays into fantasy sports with CrickPe🏏
• Meta builds an A-team focused on AI products💻
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• Ashneer Grover’s Third Unicorn forays into fantasy sports with CrickPe🏏
• Meta builds an A-team focused on AI products💻
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Rise & Shine ☀
PW 🤝🏻 Utkarsh Classes, Ashneer Grover’s Third Unicorn🏏, Meta builds an A-team💻
PhysicsWallah announces joint venture, Third Unicorn forays into fantasy sports, Meta builds an A-team, Fact and more.
Funding Deals in Indian Startups (February 27 - March 04)
• Intangle - $10 Mn
• Betterhalf - $8.5 Mn
• Evera - $7 Mn
• NoBroker - $5 Mn
• SigTuple - $4.3 Mn
• Perfora - $2.5 Mn
• Store My Goods - $1 Mn
• Simple Viral Games - $500k
• Jarsh Safety - $365k
• Voiceoc - $365k
• EaseMyAI - $220k
• O’2 Nails India - $150k
• Blingg - $100k
Check more details about funding deals: https://riseshine.in/category/funding/
• Intangle - $10 Mn
• Betterhalf - $8.5 Mn
• Evera - $7 Mn
• NoBroker - $5 Mn
• SigTuple - $4.3 Mn
• Perfora - $2.5 Mn
• Store My Goods - $1 Mn
• Simple Viral Games - $500k
• Jarsh Safety - $365k
• Voiceoc - $365k
• EaseMyAI - $220k
• O’2 Nails India - $150k
• Blingg - $100k
Check more details about funding deals: https://riseshine.in/category/funding/