Yubi Group Promotes from Within, Expands Stock Option Plan to Retain Talent
Significant leadership changes have been announced by Yubi Group, a prominent player in the fintech industry, across all of its subsidiaries (Yubi, Corpository, and Aspero). With at least two years of experience, these promotions propel current staff members into C-suite roles inside the organisation. Furthermore, Yubi Group has added 22 lakh shares to a pool…
Amazon India To Double Down On Same-Day Deliveries
Amazon India director Abhinav Agarwal said that the Prime membership plan now offers customers same-day deliveries on 1 million products, including toys, electronics, and home entertainment categories. Saying that same-day delivery for Prime members has doubled because of the company’s investment in strengthening its delivery network, Agarwal added that the company is looking to double down…
Anil Ambani: The Fall of Reliance: The Impact of Financial Missteps
Introduction Anil Ambani, once a billionaire industrialist and head of the diversified Reliance Group, saw his empire crumble due to a series of wrong financial decisions. This case study delves into the specific financial missteps that led to the decline of Anil Ambani’s business ventures, focusing on strategic errors, financial mismanagement, and market conditions. Background…
Devendra Meel got his esclation as CBO(chief businees officer) in Zepto
Zepto is a fast-moving startup that offers superfast delivery of groceries and everyday necessities. Devendra Meel has been promoted to Chief Business Officer (CBO). With effect from July 2024, Devendra will now be in charge of overseeing several product categories (such as grocery, snacks, etc.) and forging solid brand alliances. Success is nothing new to…
Infra.Market raises 150 cr from yubi
Infra.Market, an online business-to-business (B2B) marketplace, is having a fundraising frenzy! They had aimed to raise 500 crore rupees for debt funding earlier in the year. Yubi, a prominent player, gave 80 crore rupees over the course of two transactions, and IKF Home Finance joined the party with an extra 40 crore rupees, so they’re…
From Audio Nobody to Everybody: How BoAT Became India’s Hearable King
Founders and Their Vision Aman Gupta an MBA graduate from the Indian School of Business (ISB) and Kellogg School of Management, was significantly experienced in the electronics and audio industry due to his work in companies like Harman International, And Sameer Mehta who had expertise in product design and consumer electronics came together for boAT. The duo identified…
Oyo raises $50 Mn from incred at $2.38 Bn valuation [JULY 3}
OYO, a hotel startup, got a fresh round of funding of $50 million from InCred Wealth and Investment after a long gap of 3 years. This money will be used for the company’s growth, expansion plans (including buying other companies), and other business goals. The investment values OYO at around $2.38 billion, which is significantly…
From College Dreams to Momo Empire: How WOW Momo Steamed Past the Competition
“In any market, a brilliant concept supported by a clear vision and competitive plan leads to success.”With the success of their company, the Kolkata-based duo of two friends has proven the above point. WOW Momo is a well-known fast-food restaurant chain with headquarters in Kolkata. They specialize in momos, a typical dish in Nepal, Tibet,…
