Gaana which acquired by FM "Radio Mirchi" for 25 lakhs! no its not a typo Gaana is sold acquired in 25 lakhs click on the news below for more details 👇
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Mahendra Lochhab
Stealth • 4m
>Gaana App has been acquired by Radio Mirchi for Rs 25 lakhs.
>Gaana App is an on-demand music streaming platform that was once a $500 million startup.
>After failed merger and acquisition talks with Wynk Airtel, the app was acquired by Radio Mirch
Major Acquisitions by BlackRock
- Barclays Global Investor (BGI) - Acquired in 2009 for $13.5 billion, including the iShares ETF platform
- Merrill Lynch Investment Management - Acquired in 2006 for $9.7 billion
- eFront - Acquired in 2019 for $1.3
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?