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Top News In இந்தியன் அமெரிக்கன் நிறுவப்பட்டது Today - Breaking & Trending Today

Social Marketplace Poshmark Announces Plans to Expand to India

Social Marketplace Poshmark Announces Plans to Expand to India
indiawest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiawest.com Daily Mail and Mail on Sunday newspapers.

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Ramesh & Kalpana Bhatia Family Foundation Provided a Record $8 Million in 2020 to Nonprofits, Community Groups


The Ramesh and Kalpana Bhatia Family Foundation, an Indian American-founded nonprofit, Jan. 21 announced a record annual giving total in 2020 of $8 million to over 40 nonprofits. Throughout the year, the Bhatia Foundation broadened areas of focus in health, education, developmental disabilities, human rights, social justice, and girls’ empowerment. Donations also included organizations and communities affected by the global COVID-19 pandemic, the foundation said in a news release.
The Bhatia Foundation’s major initiative of 2020, and largest gift to date, was a $7 million gift to UT Southwestern Medical Center.
The multi-level donation included a $5 million gift to support the construction of the Neurosciences Tower at William P. Clements Jr. University Hospital, and a $2 million endowment to fund the Ramesh and Kalpana Bhatia Family Foundation Distinguished University Chair in Brain Science. ....

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Manish Chandra-led Poshmark Listed on Nasdaq with Initial Public Offering


Indian American-founded online marketplace Poshmark Jan. 14 officially listed the company on Nasdaq with its Initial Public Offering.
The Redwood City, California-based social marketplace is reimagining the future of shopping by empowering everyday people to make money selling their styles while promoting a more sustainable way to shop.
Led by founder and chief executive officer Manish Chandra, Poshmark combines the human connection of a physical shopping experience with the scale, reach, ease and selection benefits of eCommerce, attracting a large and growing community from across the U.S. and Canada.
Listing on Nasdaq under the ticker symbol POSH, Poshmark is at the forefront of three key trends driving the future of retail: the shift to online, the shift to social, and the shift to secondhand, it said. ....

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E-Commerce Marketplace Poshmark, Founded by Indian American Manish Chandra, Files to Raise $100M in IPO


Indian American-founded online marketplace Poshmark, based in Redwood City, California, recently filed to raise $100 million in an Initial Public Offering of its Class A common stock.
Co-founded and led by president and chief executive officer Manish Chandra, Poshmark is an online marketplace connecting buyers and sellers of clothing and related products.
The firm has developed a popular online marketplace for buying and selling apparel and related products, according to the company’s profile.
Poshmark has grown quickly, and is producing profits and free cash flow, with the IPO anticipated to be in significant demand, according to expert reports.
The site acts as a form of social commerce, encouraging users to connect with each other in a safe manner for the sale of new and used apparel, accessories and other products. ....

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