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News and Trends

Google-backed Adda247 Acquires PrepInsta to Expand Job-Focused Skilling Programs

This acquisition builds on Adda247's history of strategic takeovers, which include StudyIQ, a UPSC-focused edtech platform, in 2021; Veeksha, a 3D experiential learning company, in 2023; and Ekagrata, a chartered accountancy (CA) test-prep platform, in July 2024.

News and Trends

BizDateUp Founders Jeet Chandan and Meet Jain Acquire Stake in Swiggy During Pre-IPO Round

The investment in Swiggy was made through a strategic off-market secondary deal, attracting high-profile investors including cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, and filmmaker Karan Johar, alongside other notable celebrities.

News and Trends

Wakefit.co Reports 24% Revenue Growth, Achieves INR 65 Cr EBITDA Profitability in FY24

The Bengaluru-based platform plans to scale in FY 2024-25 by expanding product categories, enhancing brand presence, and growing its omnichannel strategy, aiming to increase stores from 80 to 120 within six months.

News and Trends

Fresh Food Brand Pluckk Acquires Nutrition Innovator Upnourish in Strategic USD 1.4 Mn Deal

With this acquisition, Pluckk aims to enhance the nutritional value of its offerings, making it easier for customers to address their on-the-go nutrition needs.

News and Trends

Beauty Brand Conscious Chemist Raises INR 12 Cr from Atomic Capital for Growth and Innovation in Skincare

Conscious Chemist aims to deploy the fresh funds to enhance product development, digital presence, and customer experience while expanding into new markets with strategic plans for scaling operations and distribution.

News and Trends

Ambuja Becomes World's First Cement Company to Join AFID

Ambuja Cements utilized over 8.6 million tonnes of waste-derived resources and became 11 fold water-positive and 8 fold plastic-negative in FY'24.

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