Sequoia backed Edtech Startup Pankhuri Acquires Palash: Empowering Bharat Women through EdTech and Social Commerce
This acquisition aims to synergize expertise and technology, fostering continuous innovation for Indian women
Pankhuri, a key player in the edtech community and social commerce market, acquires Palash, an innovative 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.
The acquisition aligns seamlessly with Pankhuri’s vision to lead women 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.
Founded by Pallavi Patil and Jaydeep Pawar, Palash has rapidly emerged as a trailblazer in the edtech space, catering to the aspirations of tier 2+ women across India. The platform provides an avenue for women to learn new skills, connect within a vibrant community, and engage in micro-businesses or reselling. With a focus on personal growth, empowerment, and economic upliftment, Palash has garnered over 100K registered users, 200+ trainers, and an extensive library of video courses spanning 50,000 minutes.
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 empowerment. The merger of Pankhuri and Palash signifies a commitment to uplift and nurture the potential of women across tier 2+ cities.’’
With this acquisition, Pankhuri solidifies its position as the market leader in the women education and social commerce segment. The company 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.
About Pankhuri:
Pankhuri empowers women in India by providing a platform for networking, learning, and shopping through innovative features like live streaming, interactive chat, and cohort-based sessions. This 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, Pankhuri raised $3.2 million funding led by Surge, a rapid scale-up programme by Sequoia Capital India.
About Palash:
Palash is an innovative platform designed to empower Bharat women through skill development, community engagement, and micro-business opportunities. Founded by Pallavi Patil and Jaydeep Pawar, Palash has rapidly gained recognition for its role in enhancing the lives of women across tier 2+ cities and beyond with 100K+ registered users, 200+ trainers, and 50,000+ minutes of video courses.
