Fairprice

Restructuring · Asia

NoBroker is pivoting from a freemium listings platform to a multi-vertical consumer ecosystem focused on profitability, shifting monetization toward property resales, real estate launches, and ancillary services including fintech, home services, and beauty. The company aims to achieve profitability within 15 months after reporting ₹411 Cr loss in FY24.

Restructuring · Asia

Dream Sports is shutting down Dream Money (fintech/wealth management platform) effective July 30, 2026, less than a year after launch in August 2025. This follows the shutdown of Dream Play (AI sports analytics app) in June 2026. The company is consolidating its diversification strategy after being forced to shutter its core Dream11 fantasy sports offering due to government gaming ban.

Restructuring · Asia

Samsung Biologics unionized workers voted to leave the Samsung Group United Union and form an independent labor union, following months of work-to-rule campaigns and strikes over pay and working conditions.

Restructuring · Asia

JiviAI, an AI healthcare startup founded by former BharatPe CPO Ankur Jain, has shut down operations less than two years after launch. Shutdown driven by unsustainable infrastructure costs for proprietary AI models, failed investor commitments, and collapsed acquisition discussions.

Restructuring · Asia

Pocket FM is shutting down its microdrama vertical (Pocket TV) to refocus on core audio drama content and international market expansion. This strategic pivot prioritizes profitability and precedes a planned public listing, reversing course from short-video format despite its popularity in India.

Restructuring · Asia

Byju's undergoing settlement negotiations between Manipal Education and Medical Group and GLAS Trust (US lender representative) to resolve shareholding dispute over Aakash Educational Services; resolution pending NCLT hearing