Distress deal: when a startup is sold quickly and at a lower price because it's in financial trouble.
Here,
A loss-making company tries to escape bankruptcy by selling itself and buying company benefits from a very low valuation purchase.
boAt: Riding the Audio Wave (with a Recent Setback)
Company: boAt (founded 2016)
Industry: Consumer Electronics (Audio)
Challenge: Stand out in a crowded audio market.
Solution: Stylish, budget-friendly audio for young consumers.
Results:
Growt
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2 replies10 likes
Jaswanth Jegan
Stealth • 5m
"42 Billion Dollars to Zero"
Billions To Bankruptcy #1
RISE and FALL of Anil Ambani
Anil Ambani is the youngest brother of Mukesh Ambani.After the death of Dhirubhai Ambani the company was split equally driven by a feud between the brothers over c
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10 replies5 likes
Havish Gupta
Stealth • 6m
Ganda Dhanda (2/20)
Boat and Hammer
In Shark tank S1, Rohit pitched his company called Hammer Lifestyle in Shark Tank. It was a direct competition to Boat which sold products like Headphones, Speakers and electric toothbrush.
Rohit had asked a 10 c
Top news of the day-
1. Reo.Dev raised $ 1.2M led by IndiaQuotient.
2. TWF Flours raised $1.4M by Zerodha’s founders fund Rainmatter.
3. StepChange, a climatetech startup raised funding from Flourish Ventures.
4. Koo is getting acquired by Dailyhun
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5 replies25 likes
Harsh Dwivedi
•
Medial • 1m
Top News of Today (7th Oct 2024):
1) Zepto finalises new Bengaluru office on the busy Sarjapur road.
2) Spacetech Startup XDLINK Space Labs Raises $7 Mn From Ashish Kacholia, Others
3) Zomato CEO Deepinder stopped from using mall's lift while collec
Diljit Dosanjh just dropped the biggest & smartest collab of this year, and its not what you think.
On 10th September tickets for his Dil-luminati tour went live and in just 15 minutes over 1 lakh tickets got sold.
But here is the twist people who
Top News of the Day:
1. Amazon India set to buy MX Player in a distress sale for $100Mn
2. Ratan Tata-Backed BlueStone Eyes Unicorn Tag In Pre-IPO Round
3. Euler Motors has successfully raised INR 570 Cr in its Series C funding round.
4. Robot a
Arul Sujanesh was born in madhurai in a 28 member joint family who had many successful businesses but however when he was pursuing his dream of becoming a civil engineer he gets a call from his father which changed everything.
His father told him th
Top News of the Day:
1. Fintech firm BharatPe has raised Rs 85 crore (approximately $10 million) in debt through non-convertible debentures.
2. FirstCry’s losses fall 34% to Rs 321 cr ahead of IPO
3. Fractal To File DRHP By Sep For $600 Mn IPO At