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Ashish Singh

Stealth • 3h

🤯Flipkart's Entry into Astrology -- Acquisition Plans: Flipkart is looking to acquire InstaAstro, a startup focused on astrology and spiritual services, for an estimated $18 to $25 million. -- Rebranding: InstaAstro may be rebranded as "Sukh" after the acquisition. --- InstaAstro Overview: Founded: 2021 by Nitin Verma. Services: Offers horoscope readings, tarot services, numerology, and spiritual products. Financials: Revenue nearly doubled to ₹25 crore in FY24, but losses increased to ₹8.11 crore. ---- Market Growth: The astrology sector has attracted over $65 million in funding in the past 18 months, with InstaAstro competing against established players like GaneshaSpeaks and AstroTalk. This move reflects Flipkart's strategy to diversify its offerings in a rapidly growing market

0 replies2 likes

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Vishu Bheda

Stealth • 8m

Funding Raised By India’s Spiritual Tech Startups in the Last 12 Months • AppsForBharat : $15-20 Mn (In Talks) • AstroTalk : $20 Mn • InstaAstro : $2.3 Mn • Vama : $1.5 Mn • DevDham : $720K • Melooha : $635K • Utsav : $240K India has Very Big Marke

10 replies13 likes

Mahendra Lochhab

Stealth • 12d

Jio financial services made a profit of ₹294.8 crore in Q3FY 25, which is 0.3% more than Q3FY24 and the company's revenue is ₹438.4 crore, which is 6% more than the revenue of ₹413.6 crore in Q3FY24.

0 replies5 likes

Mahendra Lochhab

Stealth • 5m

>Gaana App has been acquired by Radio Mirchi for Rs 25 lakhs. >Gaana App is an on-demand music streaming platform that was once a $500 million startup. >After failed merger and acquisition talks with Wynk Airtel, the app was acquired by Radio Mirch

2 replies6 likes

financialnews

Stealth • 1m

"ITC Invests ₹111 Crore in EIH and Leela Mumbai Ahead of Hotel Demerger" "ITC Acquires Stakes in EIH and Leela Mumbai Worth ₹111 Crore Before Hotel Demerger" ITC Ltd Consolidates Stakes in Oberoi and Leela Ahead of Hotel Business Demerger ITC Ltd,

0 replies1 like

Anonymous

Stealth • 7m

Singapore-headquartered flexible workspace operator Smartworks has raised Rs 168 crore or approximately $20.24 million in funding from a diverse group of investors. The funding was led by investors, including Keppel Ltd, Ananta Capital Ventures Fun

1 replies5 likes

financialnews

Stealth • 3m

Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to ₹1,250 crore in the July-September quarter of FY2024-25. This jump was primarily dr

0 replies3 likes

financialnews

Stealth • 3m

JSW Steel and Japan's JFE Steel JV to Acquire Thyssenkrupp Electrical Steel India for ₹4,051 Crore Thyssenkrupp Electrical Steel India Specializes in Manufacturing and Selling Grain-Oriented Electrical Steel from Its Facility in Nashik, Maharashtra

0 replies4 likes

Inactive

Stealth • 7m

Goyal Sharma bhaichara ? Zomato, a food delivery company, has confirmed its interest in acquiring Paytm's movie ticketing and events business. The deal, valued at around Rs 1,500 crore, is expected to enhance Zomato's event-related services and p

0 replies6 likes

Harsh Dwivedi
•

Medial • 19h

Top News of the Day: 1. OpenAI CEO Sam Altman plans to visit India next week 2. Salad Days, a restaurant and cloud kitchen brand, raised ₹30 crore in Series A funding, led by V3 Ventures and CAAF. 3. Swiggy announced the resignation of M Sridhar,

6 replies36 likes

Harsh Dwivedi
•

Medial • 8m

1. Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round. 2. Matel, an e-mobility startup, raised $4 million in a Series A funding round. 3. InstaAstro, a s

5 replies31 likes