PAI PLATFORMS

Purplle has also announced a Employee Stock Ownership Plan (Esop) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Company cofounder and CEO said they will constantly innovate their technology to provide the best for the...

Columbia Pacific Communites is set to merge with Kites Senior Care, forming one of India's largest senior living firms. The merger is expected to benefit Columbia Pacific Communities, which has a net worth of over Rs 25 crore. The merger is expected...

Paytm introduces auto-rickshaw booking on its app through ONDC and Namma Yatri for users in NCR, Bengaluru, and Chennai. ONDC tab includes food, groceries, and rides. Pai Platforms facilitates the service with significant mobility transactions.

Investors are going back to the same list of startups they have already backed to write bigger cheques leading to new unicorn sightings becoming rare. Only Perfios and Ola founder Bhavish Aggarwal’s Krutrim AI have become unicorns so far in 2024, an...

Happy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed edition of ETtech Morning Dispatch.

JSW One Platforms, a division of JSW Group, has appointed Dr. Ranjan Pai as an independent director on its Board. Dr. Pai, known for his expertise in education, healthcare, entrepreneurship, and investment, aligns with the company's focus on driving...

Raghuram Rajan's recent remarks sparked controversy on social media. The former RBI chief cautioned against India's economic growth being overshadowed by underlying structural issues. He emphasized the need for the government to focus on improving e...

The funds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said.

Pai Platforms, which was earlier Paytm E-commerce, is already one of the largest buyer apps on ONDC, and Bitsila's acquisition will give it a significant presence on the seller apps side as well. ONDC and sources at Pai Platforms, however, said ther...

Wellthy Therapeutics is backed by Ranjan Pai, GrowX and BeeNext. TruDoc Healthcare, the leading telehealth and virtual care provider in the GCC, has acquired Wellthy Therapeutics, a Mumbai-based platform specializing in chronic disease management. W...

The stringent action by the Reserve Bank of India (RBI) against Paytm Payments Bank could have a positive fallout. It can actually push One 97 Communications, which runs Paytm, to focus on what it does best — build distribution. It can also focus on...

Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business.

Ecommerce firm Meesho is diversifying revenue streams via two new business lines. Details of this and more in today’s ETtech Morning Dispatch. Multiple people aware of the developments told ET that Meesho wants to restart grocery delivery in a coupl...

Manipal group head Ranjan Pai will soon become the largest shareholder in Aakash—one of the few remaining valuable assets of troubled edtech Byju’s. This and more in today’s ETtech Morning Dispatch.

Family offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TVS group family are among those buying into the company.

Manipal Group’s Ranjan Pai, who has been in the news for bailing out troubled startups such as Byju's and PharmEasy, is putting together a team to capitalise on attractive valuations. This and more in today’s ETtech Morning Dispatch.

In May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Institute.

Manipal Group boss Ranjan Pai has pumped Rs 1,400 crore into Bjyu’s subsidiary Aakash Institute, enabling the embattled edtech major to clear its debt to Davidson Kempner. This and more in today's ETtech Top 5.

Ranjan Pai's investment spree continues as the chairman of the Manipal Education and Medical Group has now invested in omnichannel beauty retailer Purplle. Details on this and other major startup deals in today's ETtech Top 5.