Author: M Haziq Pandit
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PN Gadgil Jewellers’ IPO fully subscribed on first day with 2x subscription
The initial public offering of jewellery retail chain PN Gadgil Jewellers Ltd was fully subscribed within hours of opening for bids on Tuesday, closing...
Burma Burma eyes IPO by 2027, plans to triple footprint and reach INR 300 Crore revenue
Vegetarian Burmese restaurant chain Burma Burma aims to go public with an IPO within the next three years, according to co-founders Chirag Chhajer and...
D2C FMCG startup Mitra raises INR 11 Crore in Pre-Series A round to fuel expansion
D2C FMCG startup Mitra has secured INR 11 crore ($1.3 million) in its Pre-Series A funding round, led by Bestvantage Investments, with participation from...
Reliance Retail and Delta Galil form strategic joint venture to transform India’s apparel market
Reliance Retail Ventures Limited, a major player in the Indian retail industry, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd.,...
Bhakti Modi takes charge as CEO of Reliance Retail’s omni-channel beauty platform Tira
Bhakti Modi, the daughter of Mukesh Ambani's key associate Manoj Modi, took charge as CEO of Reliance Retail's omni-channel beauty platform, Tira, a few...
OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half
IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...
Zomato rolls out developer platform for PoS partners
Marking another move in its series of experiments and product launches, listed foodtech giant Zomato has introduced a developer platform for its point of...
Monster Energy launches Rehab Monster Green Tea for health-conscious consumers
Monster Energy has introduced Rehab Monster Green Tea, its newest addition to the range of non-carbonated drinks designed for health-conscious individuals seeking hydration and...
Mamaearth shares jump 5% to new all-time high of INR 546.5
Shares of Honasa Consumer, the parent company of Mamaearth, surged more than 5% in early trading on Tuesday (September 10), hitting a record high...
Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...
Gifting company Archies bets big on quick commerce platforms, plans global expansion
Archies, a leading gifts and greeting cards company, expects sales of INR 15-18 crore in FY25 through quick-commerce platforms such as Blinkit, Zepto, and...
ONDC appoints RS Sharma as non-executive chairperson
The Open Network for Digital Commerce (ONDC) has appointed Dr. R.S. Sharma as its Non-Executive Chairperson. This appointment is anticipated to drive the growth...