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.
Unacademy has signed a term sheet with upGrad for a 100% share swap acquisition. the final valuation will be disclosed only after the deal closes and filings are made public. Announced by Gaurav Munjal.
Anyone knows whether Medial got funding from Ritesh post Shark Tank? Curious because Anupam made claims that Medial are on STI only for marketing. What's the update on the deal?
I run a transport company which operates in transportation of construction materials having valuation of 10 cr .I want to grow this company to 100cr .need guidance.