Dear Reader,
After raising around Rs 125 crore and building a presence across online and offline channels, The Ayurveda Co is calling it a day.
Co-founder Param Bhargava said the company expanded too quickly, scaling across channels and building out its senior team before the business was ready.
Meanwhile, Nvidia has agreed to acquire Hugging Face for $12.93 billion, making one of the biggest bets yet on the open AI ecosystem.
Hugging Face, used by more than 18 million developers and over 200,000 companies, hosts more than 3 million AI models.
