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PRASHANT SACHAN
Spiritual apps find offline a blessingMobile applications such as Vama, Utsav and AppsForBharat, which started out by providing online puja services, are seeking to tap into the...
Lendingkart set to raise Rs 850 crore from Fullerton, existing investorsLendingkart is looking to raise Rs 850 crore in fresh equity infusion from existing investors. The company, which saw Fullerton Financial a...
Diwali, diyas & the digital life: The festival of lights is no more like your childhood daysDiwali celebrations are transforming with technology. E-commerce platforms now offer convenient shopping for everything from outfits to dec...
Quick commerce reshapes festive shopping with idols, sweets, puja essentialsQuick-commerce platforms like Blinkit and Zepto are rapidly dominating festival puja essential sales, with the "spiritual commerce" segment...
AppsForBharat raises $20 million in round led by Susquehanna Asia Venture CapitalNandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partner also participated in the funding for the parent company of the devotio...
Leap of faith: Spiritual apps on global quest target Indian diasporaDevotional apps like AppsForBharat, Vama.App, and Utsav expand globally, targeting the Indian diaspora with digital rituals and ecommerce. ...
Boom time for spiritual apps: Diwali set for surge in user activityOnline devotional platforms see business booming this month amid burgeoning demand for new offerings launched during Navratri.
AppsForBharat raises $18 million funding led by FundamentumSusquehanna Asia VC, and existing investors Elevation Capital, Peak XV Partners, and Mirae Asset VC also participated in the funding round ...
Ram Mandir: Ayodhya puts spiritual apps on a growth curveAhead of the Ram Mandir consecration in Ayodhya, religious and spiritual apps such as Vama, DevDham, UtsavApp, SriMandir are witnessing a m...
Investors buy Trell’s stake in AppsForBharat for $9 million as startup struggles for cashThe secondary transaction saw Mirae Asset and Middle-East based MSA Novo buy shares from Trell, amounting in all to around $9-10 million as...
Trouble-hit Trell gets a lifeline; crypto trading volumes dip amid new tax lawsTrell, which has been under a probe for financial irregularities, has sold around 10% stake in AppsForBharat to one of its existing investo...
Trell cofounder Sachan sold full stake in company last year, says no longer involvedSachan said he first diluted the majority of his equity in Trell by transferring it to the management stock options plan (Msop) in December...
Trell to lay off hundreds of employees amid probeET was the first to report about an ongoing investigation into the company's books of accounts on March 12.
EY India probes finances of influencer-led social commerce startup TrellThe team from the consulting firm is looking into alleged related party transactions by its founders and other financial irregularities, th...
Astrology startups launch apps amid pandemic uncertaintyWhile astrology has been popular in the country for ages, rising online penetration and availability of experts, awareness amongst millenni...
AppsForBharat raises $10 million from Elevation Capital, othersAppsForBharat, a product studio for spiritual and devotional content, will use the funding to create content intellectual property, build t...
Trell in talks to raise $25-30 million funding at $400 million valuationTrell’s valuation for the said fundraising is nearly double from August last year when the social commerce platform raised $11.4 million in...
This lifestyle-video app provides Indians a platform to share their experiences and reviewsTrell enables users to create visual blogs around lifestyle experiences.
Short video app Trell raises $11.4 millionThe new round of investment will be used to further expand and grow the creator's community, to enhance the platform's personalisation and ...
Chinese banks eye early-stage deal in Indian startupsThe access to a country the size of China, the world’s second-largest economy and consumer market is a powerful reason for linking up.