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IITian Palash Soni sells company to Cvent for Rs 2,890 crore

in5points
  1. Palash Soni, an IIT graduate, founded a company

  2. Soni sold the company for $300 million (approx Rs 2,890 crore) to Blackstone-backed Cvent

  3. The acquisition took place in December 2025

  4. Cvent is a event management software company owned by Blackstone

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Who owns this?

Gautam Adani

Adani Group

Gautam Adani

Acquired by Adani Group in 2022 from the founders.

Wikipedia: Gautam Adani