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
Vikas Acharya
Building WelBe| Entr... • 1m
Traya reported a net profit of INR 8.66 Cr in FY24 against a net loss of INR 27.83 Cr in the previous fiscal year
Its operating revenue zoomed 284% to INR 236.04 Cr during the quarter under review from INR 61.43 Cr in FY23
Founded in 2019 by Saloni
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1 replies7 likes
Jaswanth Jegan
Founder-Hexpertify.c... • 9m
"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
Chintan Udani
I'm a pro medialist • 2m
Dunzo, a Bengaluru-based hyperlocal delivery startup founded in 2014, has been pivotal in India's quick commerce sector, offering on-demand delivery services for groceries, medicines, and other essentials. The company secured significant investments
I’m amazed by how surprised everyone is on Jai Corp’s sale of lakhs of crores worth of land in Navi Mumbai to Reliance for peanuts 🙏🙏
There is so much history which is public. Add that, a speculator's theory stands out (on which I reserve the righ
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 replies26 likes
Manish M Tulasi
•
Mitra Robot • 21d
Fractional Real Estate Investment – Own a ₹10 Cr Property with Just ₹10 Lakh!
Introduction:
What if you could own a share of a ₹10 crore property with just ₹10 lakh? Our innovative real estate model allows 100 investors to co-own a premium property,
Top News Of the Day:
1. Bengaluru-based fintech startup Niro is raising $4.3 million in a pre-Series B funding round, including participation from existing investors such as Elevar Capital and GMO Venture Partners.
2. Bollywood actor Suniel Shetty
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