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Women Centric Social Community Platform Pankhuri Acquires Palash

The acquisition aims to synergize expertise and technology, fostering continuous innovation for Indian women

Women Centric Social Community Platform Pankhuri Acquires Palash
POSTED ON August 31, 2023 6:07 PM

Pankhuri, a social community platform, acquired Palash, a platform dedicated to the empowerment of Indian women. The edtech is dedicated to empowering women by providing a platform for networking, learning, and shopping through innovative features like live streaming, interactive chat, and cohort-based sessions.

"The acquisition aligns with its vision to lead women's education and skill development in India. The platform will inherit Palash's user base, trainers, and technology infrastructure, enhancing Pankhuri's offerings and further enriching its engagement with Indian women. Palash will be rebranded as the Pankhuri Community and will relaunch the technology and the app for the combined user base and trainers," the company said in a statement.  

Moksha Srivastava, CEO of Pankhuri, expressed her enthusiasm about the acquisition, stating, "We believe that by combining the forces of Pankhuri and Palash, we can yield a more resourceful platform for connecting, engaging, and discovery. This collaboration will allow us to innovate and amplify our efforts, ushering in a new era of possibilities for women across India." 

Pallavi Patil, co-founder of Palash, shared her excitement about the merger, highlighting the shared vision of empowering women. "This collaboration marks a momentous step in our journey towards women's empowerment. The merger of Pankhuri and Palash signifies a commitment to uplift and nurture the potential of women across tier 2+ cities.’’ 

Pankhuri enables women to take an active role in engaging with beauty and lifestyle discussions online, moving beyond the traditional consumer role to become proactive participants in these conversations. In July 2021, the start-up raised $3.2 million in funding led by Surge, a rapid scale-up programme by Sequoia Capital India. 

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