Nazara acquires Sachin Tendulkar-backed Smaaash for ₹126cr, entering location-based entertainment 

Founded in 2012 by Shripal Morakhia, Smaaash became a leading immersive entertainment chain in India. The company offered a unique blend of virtual reality, bowling, go-karting, cricket simulators, and other services under one roof. Despite its success with over 11 centers across India and backing from high-profile investors such as Sachin Tendulkar and Peak XV…

Vegan full-service chain Planta goes bankrupt

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Planta, a vegan full-service chain with restaurants in six states, as well as Washington, D.C., and Toronto, Canada, has filed for Chapter 11 bankruptcy protections, court records show. The chain’s menu adapts traditional meat dishes,…

Reforms of Small Business Insolvency in Australia and India

On the 24 September 2020, the Australian Government announced changes to Australia’s insolvency framework to better serve Australian small businesses, their creditors and their employees. The changes introduced new processes suitable for small businesses, reducing complexity, time and costs for small businesses. Effective from 1 January 2021, these are the most significant reforms to Australia’s…