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Azim Premji and Ranjan Pai's family offices are set to invest approximately $100 million in Akasa Air, acquiring a minority stake, according to The Economic Times. This investment is part of a larger funding round worth $130-$140 million, which value

🚀30 startups 💰$350 Mn+ total funding 🌱27 early stage deals 🧑‍💻 5 key hirings 🤝 3 M&A

Wealth management startups in India seem to be gaining significant traction. In the past few weeks - - Dezerv raised $32 M from Premji Invest, now valued at $210 M - StableMoney closed a $14.7 M Series A - Infynite Club secured $2.6 M from Elevatio

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B 💡FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscrib

Understanding Shareholder Agreements (SHAs) in M&A Did you know that the terms of your Shareholder Agreement (SHA) depend on the level of your stake acquisition in a company (SPA)? Here's a general overview of how SHAs differ based on acquisition ty

😨🤯 Mukesh Ambani's Reliance Jio may launch a mega IPO next year, with a potential valuation of more than Rs 9.3 lakh crore, Moneycontrol reported, citing a Jefferies note. Jio 'could list at $112 billion valuation' and add '7-15% upside' to the Re

Proposal for Global Tenders & Project Information Website We propose to develop a comprehensive and user-friendly Global Tenders & Project Information Website aimed at showcasing detailed project information. This website will serve as a one-stop pla

Yesterday, Third Wave Coffee announced plans to open an 50 more stores. ⏩Lead Investors include: WestBridge Cap., Creaegis, Redbrook. ⏩Total Funding: $62 M, Last round- Series C: $35 M At present, Third Wave Coffee has 107 stores. Blue Tokai Coff

The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised ₹20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers m

Good to see large corporations finally making moves to healthify their existing products. Watching people closely inspect nutrition labels at stores is a small win for health awareness. 🧑‍🍳The past few months has seen some activity in the hea