Blogs

Unacademy acquires Relevel for $50 million

In the dynamic realm of online education, Unacademy has made a significant stride by acquiring Relevel for a whopping $50 million. This strategic acquisition speaks volumes about Unacademy’s commitment to providing comprehensive educational solutions and solidifying its position as a prominent player in the industry. The merger with Relevel, a startup specializing in assessment and…

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Meesho’s Remarkable Journey: From Profitability Milestone to IPO Aspirations

In a significant turn of events, Indian e-commerce startup Meesho has achieved a long-awaited milestone – its first-ever profit. This achievement has not only positioned Meesho as a formidable player in India’s competitive e-commerce landscape but has also ignited talks of a potential Initial Public Offering (IPO) within the next 12 to 18 months. Let’s…

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Ananya Birla-founded Svatantra Microfin to acquire Sachin Bansal’s Chaitanya India Fin for Rs 1,479 cr

In a strategic move that has sent ripples through India’s financial landscape, Svatantra Microfin Private Limited, founded by Ananya Birla, is set to acquire Chaitanya India Fin Credit Private Limited, a subsidiary of Sachin Bansal’s Navi Group, for a substantial Rs 1,479 crore. This remarkable deal, expected to be finalized by the close of 2023,…

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Lula Raises $35.5M to Revolutionize Insurance Industry and Expand into New Markets

Lula, often dubbed the “Stripe for insurance,” has recently secured a substantial $35.5 million in Series B funding, driven by a surge in customer demand. Initially focused on providing an insurance API to simplify the insurance infrastructure for businesses, Lula has evolved into a comprehensive insurance solutions provider. Its innovative tools encompass risk management, claims…

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Navnit Nakra Appointed as Chief Revenue Officer at Pine Labs: Driving India’s Digital Payments Revolution

Pine Labs, a leading omnichannel platform for merchant commerce, has recently announced the appointment of Navnit Nakra as its new Chief Revenue Officer. With a wealth of experience in the tech and banking sectors, Nakra is poised to play a crucial role in formulating growth strategies, maximizing revenue streams, and driving innovation within the payments…

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Ranveer Singh Joins Forces with Cult.fit as Brand Ambassador: Inspiring a Fit India

The health and fitness industry in India received a significant boost as Cult.fit, a prominent fitness brand, announced its collaboration with Bollywood superstar Ranveer Singh. This exciting partnership aims to leverage Ranveer’s dynamic persona and commitment to a healthy lifestyle to promote fitness initiatives and inspire people across the nation. A Fit Collaboration for a…

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