Mansi Verma
Journalist, Tech and Startups at Moneycontrol
Journalist @livemint | Prev @moneycontrolcom
Articles
HT Syndication: Airlearn spin-off may mirror Unacademy shareholding; founder Munjal in funding talks
3 days ago |
htsyndication.com | Rwit Ghosh |Mansi Verma
Bengaluru/Mumbai, June 5 -- Founder Gaurav Munjal is expected to hold a larger stake in Airlearn, Unacademy's artificial intelligence (AI)-powered language learning app, than he currently does in the parent company, as he prepares to spin it off into a separate entity, according to two people familiar with the matter. Apart from Munjal's stake, Airlearn is largely expected to mirror the shareholding structure of its parent company.
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3 days ago |
livemint.com | Rwit Ghosh |Mansi Verma
The move marks a significant pivot for Munjal and co-founder Roman Saini, who are stepping away from Unacademy to lead Airlearn full-time. As part of the ongoing spin-off, Munjal is in discussions with existing investors Peak XV and Nexus Venture Partners for additional capital, the people added.
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1 week ago |
htsyndication.com | Mansi Verma
New Delhi, May 30 -- House of Abhinandan Lodha (HoABL) is launching its vertical real estate business in Mumbai, with a dual focus on luxury and affordable housing. However, the new brand's ambitions extend far beyond the financial capital. "For our vertical business, Bombay (Mumbai) is the focus. That said, growth will come as much from outside Mumbai as from within.
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1 week ago |
livemint.com | Mansi Verma
“For our vertical business, Bombay (Mumbai) is the focus. That said, growth will come as much from outside Mumbai as from within. We can’t rely on just one market, and we will have things to do outside of this market within the next 12 months," Abhinandan Lodha, chairman of HoABL and group entity Abhinandan Ventures (earlier Lodha Ventures). HoABL operates pan-India in cities like Alibaug, Anjarle, Dapoli, Goa, Neral, and Ayodhya, claiming leadership in the branded land business.
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1 week ago |
htsyndication.com | Mansi Verma |Dipti Sharma
New Delhi, May 27 -- Private equity giant Kohlberg Kravis Roberts (KKR) is raising its third and largest-ever Asia infrastructure fund that could top $9 billion, said three people familiar with the matter, with a large share going to India's expanding road and energy to logistics networks.
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