Brands
MK Jewels pays tribute to Lord Ganesha this Ganesha Chaturthi
Mumbai: Mk Jewels, a leading gold and diamond jewelry brand, is excited to announce the launch of their exquisite Ganpati collection in celebration of Ganesha Chaturthi. This auspicious occasion marks the perfect time to introduce a range of stunning jewelry pieces that pay homage to Lord Ganesha.
The Ganpati collection by MK Jewels showcases a harmonious blend of traditional craftsmanship and contemporary design. Each piece has been meticulously crafted to capture the essence of Lord Ganesha’s divine presence. From intricately designed pendants and earrings to beautifully crafted rings and bracelets, this collection offers a wide variety of options for jewelry enthusiasts to choose from. They have also crafted Ganesha idols made in real diamonds, 22KT gold embedded with pearls and corals.
“We are thrilled to present our Ganpati Collection to our valued customers,” said MK Jewels founder Ram Raimalani. “Ganesha Chaturthi holds immense significance in our culture and we wanted to commemorate this festival by creating jewelry that is not only visually appealing but also symbolises prosperity, wisdom and good fortune” he further added.
The Ganpati collection features precious and semi precious gemstones, with 18K and 22K gold and diamond, expertly crafted to enhance the beauty of each piece. With meticulous attention to detail and a commitment to excellence, MK Jewels ensures that every piece in this collection meets the highest standards of quality and craftsmanship.
Brands
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.
