Tag: Acquisition
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Not Drishti IAS, but PhysicsWallah Acquires 40% Stake in Delhi-Based Sarrthi IAS at Rs 250 Cr Valuation
PhysicsWallah (PW), one of India’s fastest-growing edtech startups, has acquired a 40% stake in UPSC coaching institute Sarrthi IAS, valuing the Delhi-based firm at...
Amazon Finally Completes Acquisition of Fintech Startup axio To Double Down on BNPL Offering
Amazon announced the completion of its acquisition of digital lending platform axio (formerly Capital Float), marking one of the ecommerce giant’s largest India deals...
OpenAI Acquires Statsig in $1.1 Billion All-Stock Deal to Accelerate AI Application Development
OpenAI revealed a significant new acquisition, acquiring product testing company Statsig in an all-stock transaction worth around $1.1 billion. The deal is among several...
Flipkart Acquires Majority Stake in Pinkvilla to Strengthen Content-Led Commerce
In a decisive step to deepen its connection with younger audiences, Walmart-owned Flipkart has acquired a majority stake in Pinkvilla India. This digital infotainment...
