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🚨 RISE AND FALL @UrbanLadder 🚨
On November 14, Reliance Retail announced an all-cash buyout of 96% stake in @UrbanLadder for ₹182 Cr.
A #Thread 🧵
@dmuthuk @SahilBloom @FundamentalGems @FinKrypt @stockskibaat @stocks_in @nifty_baba @FinancialAdda @trdessai @join2manish
On November 14, Reliance Retail announced an all-cash buyout of 96% stake in @UrbanLadder for ₹182 Cr.
A #Thread 🧵
@dmuthuk @SahilBloom @FundamentalGems @FinKrypt @stockskibaat @stocks_in @nifty_baba @FinancialAdda @trdessai @join2manish
Think for a moment, how billion-dollar edtech startup shelled out $300 Mn to acquire a smaller company within 18 months of its launch.(@whitehatjunior)
Urban Ladder, which been since 2012 & built coveted private label, took a 75% cut in paper valuations.
#StockMarket #nifty50
Urban Ladder, which been since 2012 & built coveted private label, took a 75% cut in paper valuations.
#StockMarket #nifty50
The company (@UrbanLadder) focussed on a private business model, which was not bad idea & it also got them a good brand recall.
But the furniture retail space is tough market & everything depends on strategy” says a VC requesting anonymity.
#Share #sharemarket #banknifty
But the furniture retail space is tough market & everything depends on strategy” says a VC requesting anonymity.
#Share #sharemarket #banknifty
