Fintech News Update: January 16, 2025
1. Amazon Acquires Axio 🛒: Big news! Amazon is acquiring Bengaluru-based fintech startup Axio to expand its financial services in India. This move, pending approvals, will enable Amazon to offer credit-based se
What do you think, amazon will do after the acquisition of axio?
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Chamarti Sreekar
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HP acquired Humane for $116 million
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The next billionaire
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First-time founders chase headcount.
Seasoned founders chase output.
Many of the best startups weren’t built by bloated org charts. They were built by lean teams:
YouTube: 65 employees → Acquired for $𝟏.𝟔𝟓𝐁
Instagram: 13 employees → Acquired
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
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 👇