Author: M Haziq Pandit
Breaking News
FirstCry’s Q1 loss narrows by 31% YoY to INR 75.6 Cr, revenue rises 10%
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, saw its consolidated net loss narrow by 31% to INR 75.68 crore in Q1...
Unicommerce shares surge over 12% ahead of Q1 FY25 earnings report
Shares of Unicommerce surged over 12% to INR 232 each on the BSE during Friday's intraday trading. The rally comes ahead of the enterprise...
Raymond Lifestyle to add 900 stores in 3 years, eyes 12-15% sales growth
Raymond Lifestyle is planning to add 900 new stores over the next three years, with expectations of 12-15% annual sales growth and 18-20% operating...
India’s alcobev market sees boost from HNIs as craft spirits gain popularity
India's alcoholic beverages market is seeing a rise in mid-sized funding deals from early-stage institutional investors and high net worth individuals (HNIs). This interest...
Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...
D2C brand Pilgrim raises $9 Million in extended Series B round
Beauty and personal care brand Pilgrim has reportedly secured $9 million (INR 75 crore) in an extended Series B round led by Fireside Ventures...
Zepto secures $340 Mn in follow-on round, valuation hits $5 Bn
Zepto, the quick commerce unicorn, has secured $340 Mn (INR 2,850 Cr) in a 'follow-on financing' round led by General Catalyst, valuing the company...
Centre probes impact of quick commerce growth on kirana shops
Amid growing concerns that the unchecked expansion of quick commerce platforms like Blinkit and Swiggy Instamart is affecting India’s kirana sector, the Centre has...
Zomato completes acquisition of Paytm’s event and movie ticketing subsidiaries
Ahead of its annual general meeting, foodtech giant Zomato announced in an exchange filing that it has finalised the acquisition of Paytm's events and...
Fashion brand Virgio targets growth with house of brands strategy; plans expansion into offline retail
Virgio, the fashion-tech platform founded by former Myntra CEO Amar Nagaram, aims to establish itself as a leading house of brands by expanding into...
Starbucks opens new store in Pune, reaches 60 locations in Central India
US-based coffee chain Starbucks has opened its 24th store in Pune, 11 years after the city's first Starbucks opened, according to a company official...
Fashion sourcing and manufacturing platform PDS raises INR 430 Cr
PDS Ltd., a fashion sourcing and manufacturing platform for global brands and retailers, has secured INR 430 crore through a qualified institutional placement (QIP).PDS...