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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

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

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

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

We all love a good progress report. Numbers, charts, that satisfying feeling of ticking boxes – they tell us we're on the right track. But what if all that measuring is, well, measuring the wrong things? Imagine you're trying to get fit. You lace up

When I Started to learn about startups I was wondering how bigger companies like zomato,Flipkart are lossing millions even though they are well known well established companies but I came to understand when our college organised a event where student

WELCOME TO BUSINESS STORIES EP-2 (PRINGLES) You all might have heard the name PRINGLES, But do you know the origin story? Read this out. ●INTRODUCTION ● Pringles are a type of potato crisp that is stackable, thin, and engineered to resist break