Top edtech unicorn PhysicsWallah has filed draft papers through the confidential pre-filing route to raise Rs 4,600 crore via an initial public offer, multiple industry sources in the know told Moneycontrol.
#PhysicsWallah#Alakhpandey#Edtech#Startup#Indianstartup#IPO#IPOji
Swiggy has launched business-to-business platform ‘Assure’ to deliver kitchen supplies to restaurants. The platform will compete with Swiggy’s rival Zomato’s B2B supply vertical Hyperpure.
#Swiggy#Hyperpure#Zomato#Assure
PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion.
The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category.
#Pepsico#Poppi#Energydrink#Softdrink
Pintu Mahara, a boatman from the Arail area of Prayagraj, earned ₹30 crores in 45 days. Anticipating a massive influx of devotees, he expanded his fleet from 60 to 130 boats ahead of the Maha Kumbh, said the statement
#Mahakumbh#Prayagraj#Boatman
UltraTech Cement said it plans to expand its presence in the construction value chain by entering the wires and cables segment with a capital expenditure of approximately ₹1,800 crore over the next two years
#Ultratechcement#Indianbusiness#Kumarmangalambirla#Adityabirla
Tata Motors is gearing up to launch its all-electric SUV, the Tata Avinya, with a projected price tag of around Rs 25 lakh, sources directly aware of the company’s plans told Moneycontrol. They spoke on condition of anonymity.
#Tatamotors#Avinya#Tesla#Indianautomobile
Spanish luxury fashion brand Zara shut down its flagship store in Mumbai, marking the end of its presence in the iconic Ismail Building. This 119-year-old heritage site in South Mumbai was home to Zara's largest store in India.
#Zara#Zarastore#Mumbai#Flagshipstore
Due to budget constraints, Good Glamm Group sold ScoopWhoop for only Rs 18–20 crore, which was a small portion of its 2021 estimate. SchoopWhoop is now acquired by WLDD, a meme marketing agency
#Schoopwhopp#WLDD#Goodglammgroup#Marketingagency
"DocuSign is a supremely bloated company that sells super over-priced enterprise software. We solve that problem with Zoho Sign and we don't need 6,705 employees to produce digital signature software," Vembu wrote on X.
#Shridharvembu#Zoho#Startup#Indianstartup#Marketing
Warren Buffett’s Berkshire Hathaway delivered another record-breaking year, with operating profit surging 27% to $47.44 billion in 2024.
#Warrenbuffet#Profit#Berkshirehathaway