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Udaan’s valuation plummets; RBI’s draft rules on fintech SROs

Business-to-business (B2B) ecommerce platform Udaan has taken a major hit with its valuation being chopped by nearly half to $1.8 billion in a down round. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ AI retooling weighs on SaaS firms■ Rs 10,000 crore likely for quantum computing hubs■ Aakash Institute’s FY22 numbersUdaan valuation dives to $1.8 billion in down round Vaibhav Gupta, CEO, UdaanB2B ecommerce platform Udaan has seen a significant fall in valuation during its recently-concluded…

gaganyaan unmanned mission: Will have at least one unmanned mission to orbit this year ahead of Gaganyaan: Isro head Somanath

The Indian Space Research Organisation (Isro) will have at least one unmanned mission to orbit this year in the run-up to the Gaganyaan launch in 2025, Isro chairman S Somanath said in Bengaluru on Monday. The Gaganyaan project aims to demonstrate human spaceflight capability by launching a three-member crew to a low earth orbit of 400 km for three days, and bring them back safely, with a planned splashdown in Indian Ocean waters.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Exploring the Cosmic Phenomena of Supernovas and ISRO’s XPOSAT: A Stellar Journey

“The nitrogen in our DNA, the calcium in our teeth, the iron in our blood, the carbon in our apple pies were made in the interiors of collapsing stars. We are made of starstuff.”- Carl Sagan This profound statement by Carl Sagan beautifully captures the essence of our cosmic connection. The stars, those twinkling specks in the night sky, are not just distant suns but the very vessels where the recipe of life was cooked. Among the most dramatic events in this cosmic saga are supernovas, stellar explosions of unimaginable…

xposat: XPoSat captures first light from supernova remnant

The XSPECT payload on XPoSat, India's first X-ray polarimetry mission, has captured its first light from the Cassiopeia A (Cas A) supernova remnant, the Indian Space Research Organisation (Isro), said on Thursday. "The continuous observations facilitated by XSPECT's long-duration capabilities are anticipated to contribute significantly to our understanding of the universe's high-energy phenomena," the space agency said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK…