Get All Access for $5/mo

Social Community Platform Pankhuri Acquires Palash With this acquisition, Palash will be rebranded as the Pankhuri Community and will relaunch the technology and the app for the combined user base and trainers

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Pankhuri, a social community platform, has announced the acquisition of Palash, a platform dedicated to the empowerment of Indian women. The strategic move aims to harness the combined strengths of both companies to drive innovation, expand reach, and enhance the lives of millions of Indian women.

According to an official statement, the platform will inherit Palash's user base, trainers, and technology infrastructure, enhancing Pankhuri's offerings and further enriching its engagement with Indian women. It added, Palash will be rebranded as the Pankhuri Community and will relaunch the technology and the app for the combined user base and trainers.

"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," said Moksha Srivastava, CEO, Pankhuri.

With this acquisition, Pankhuri aims to garner 10 Lakh registered users and 2000 experts in the next 2 years, creating a more empowered and prosperous landscape for Indian women, where learning, connecting, and thriving converge seamlessly, the statement noted.

"This collaboration marks a momentous step in our journey towards women empowerment. The merger of Pankhuri and Palash signifies a commitment to uplift and nurture the potential of women across tier 2+ cities," stated Pallavi Patil, co-founder, Palash.

Founded by Pallavi Patil and Jaydeep Pawar, Palash is an innovative platform designed to empower Bharat women through skill development, community engagement, and micro-business opportunities.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Growth Strategies

Learn business by doing business across the Globe: The next revolution in Entrepreneurship

As the startup ecosystem sees an influx of new entrepreneurs, the question arises: Is our current business education sufficiently equipping students for the entrepreneurial challenges they will face?

News and Trends

Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?

This harsh treatment coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India?

Health & Wellness

Get a Year of Unlimited Yoga Class Downloads for Only $23 Through June 17

Regular exercise has been proven to increase energy and focus, both of which are valuable to entrepreneurs and well-known benefits of yoga.

Marketing

6 Cost-Effective Ways to Acquire Brand Ambassadors

Boost your brand's visibility and credibility with budget-friendly strategies for acquiring brand ambassadors.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Making a Change

Mastering Resilience: Learn to Detach Mistakes from Your Self-Worth with Darrell Vesterfelt

A moment of crisis led to his partners asking him to step away from one of the businesses that he co-founded