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India_Startups

A collection of 11 posts

India_Startups

Good Glamm acquisition machine 🔥

What’s poppin’ — Good Glamm Group, which is building a content led ecommerce empire, made it’s 7th acquisition over the past year [https://economictimes.indiatimes.com/tech/startups/good-glamm-group-buys-majority-stake-in-organic-harvest-in-all-cash-deal/articleshow/89078495.cms] , buying a personal care and beauty brand, Organic Harvest. Organic Harvest [https://www.organicharvest.in/] makes toxin

Pagarbook feels the jitters - laid off 80 folks 😬
India_Startups

Pagarbook feels the jitters - laid off 80 folks 😬

What happened — PagarBook, an employee payroll and attendance management system, is apparently laying off nearly 80 employees — as growth fails [https://www.moneycontrol.com/news/business/startup/exclusive-pagarbook-lays-off-over-80-employees-amid-startup-boom-7221091.html] to catch up while coffers run dry. Founded less than 2 years ago, the startup [https://pagarbook.com/] basically helps SMEs

India may soon get a new Airline ✈️
India_News

India may soon get a new Airline ✈️

What’s poppin’— ET reports [https://www.moneycontrol.com/news/business/rakesh-jhunjhunwala-to-back-new-low-cost-airline-may-own-upto-40-percent-stake-report-7157111.html] that a new low-cost nationwide airline is in the making, kicked off by a bunch of ex-aviation sector executives, backed by dollars from billionaire investor Rakesh Jhunjunwala. Details remain scant, but Jhunjunwala plans on owning about 40%