Introduction The bankruptcy of Lehman Brothers Holdings Inc. on September 15, 2008, stands as a monumental event in the history of global finance. As the fourth-largest investment bank in the United States, Lehman’s sudden collapse signaled the onset of the most severe phase of the 2008 financial crisis. This case study examines the intricate factors…
Blue Tokai, a specialty coffee and bakery brand, has increased its momentum thanks to the $35 million Series C funding round spearheaded by global investment platform Verlinvest. Other participants in the financing included existing investors Anicut Capital and A91 Partners. The additional funds will help Blue Tokai consolidate its share in the existing metropolitan markets…
My Tirth India, a company that combines spirituality and technology, has unfortunately decided to cease operations due to a shortage of financial support. This news is particularly surprising given the recent popularity and growth of the spiritual tech sector. Despite the overall tightening of funding for many industries, spiritual tech has managed to attract significant…
Ritesh Aggarwal-led hospitality giant OYO as officially appointed Sumer Juneja as a non-executive director. The decision comes after a month after Juneja was inducted as an additional director, representing SoftBank. The appointment is in accordance with a resolution passed by the company’s board, as detailed in a regulatory filing with the Registrar of Companies (RoC). …
Introduction Founded in 2018, BharatPe has rapidly ascended to prominence within India’s digital payments sphere. As a fintech startup, BharatPe has carved out a significant niche by offering a diverse range of financial services tailored to the needs of small merchants and enterprises. The company’s success narrative is a testament to its inventive approach to…
Introduction Since its inception by Jeff Bezos in 1994, Amazon has evolved into a global e-commerce powerhouse, operating across numerous countries. One of the most noteworthy expansions has been into the Indian market, a region teeming with both significant challenges and enormous potential. Since its entry in 2013, Amazon has risen to become one of…
FirstCry has commented, “No order of any kind has been passed, so the financial impact cannot be determined at this stage.”FirstCry said, “No income chargeable to tax has escaped the assessment, and we have a strong case on merit.”The recent spectacular listing of FirstCry on the bourses at over a 40 percent premium on NSE…
In a pre-Series B investment round, mortgage brand LoanKuber was able to secure $3m. undefined Pace of this investment was led by the current investor, namely Inflection Point Ventures while the other was Singapore-based TRTL VC. Other notable personalities present included Angel investors as well as LetsVenture, Mavuca Capital and Auxano. With the fresh capital…
It seems like Brickwork’s substantial investment in Icons League Cricket (LLC) is set to significantly boost the league’s operations and expansion plans. With the league being valued at Rs 350 crore, the Rs 39 crore infusion will likely enhance the league’s infrastructure, marketing, and talent acquisition efforts. The LLC, which was founded in 2021 and…
Video Management software seller Milestone Systems welcomes Hardip Sohi-Bains as its Chief People and Culture Officer. Milestone Systems, a Danish provider of data-driven video technology software, is excited to have Sohi-Bains’ in the company . Thomas Jensen, CEO of Milestone Systems,quotes . “She will be a great asset in our efforts to further strengthen Milestones…
