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Celebrities join OnePlus star Amitabh Bachchan
MUMBAI: Building upon the ‘OnePlus Star’ community initiative, OnePlus, a global mobile technology start-up, welcomed a host of achievers into its fans in India. Joining Amitabh Bachchan (the firstever OnePlus Star) in the ‘OnePlus Star community’ were actor Sushant Singh Rajput, tennis ace Sania Mirza, Michelin star chef Vikas Khanna, fashion designer Sabyasachi Mukherjee, comedian and actor Vir Das, TV host & gadget guru Rajiv Makhni, squash player Dipika Pallikal Karthik and international cricketer Dinesh Karthik.
Each of these personalities are ardent users of OnePlus and have achieved remarkable success by focusing on delivering excellence at every step of their careers and stay ahead of their contemporaries. They pushed the envelope to go one-step ahead in order to achieve success, and perfectly embody the mantra of ‘Never Settle’.
Vikas Agarwal, General Manager, OnePlus India, said “Following the resounding response to OnePlus Star community initiative aims to celebrate and introduce individuals who refuse to compromise and perfectly embody the true spirit of Never Settle in everything they do.”
To make is even more personalized, engaging and memorable, OnePlus has captured stories of their life which will be released through a series of short films on OnePlus Youtube channel, celebrating the remarkable achievements of these personalities and also sharing their unique experiences with the OnePlus smartphone. Starting 16 May, each OnePlus star will share their individual OnePlus video on social media and choose one participant to give away a OnePlus 3T smartphone with their autograph, based on the response of the participant.
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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
