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Tuesday, April 1, 2025

Business

Goldman Sachs Makes Bold Bet on HAL & Zomato, Snaps Up 6 Million Shares Amid Market Shake-Up

INVESTMENTS
In a significant market move, Goldman Sachs (Singapore) Pte snapped up shares of Hindustan Aeronautics Ltd (HAL) and Zomato in block deals on March 28, as per stock exchange filings. The seller in both transactions was...

Hooters Files for Bankruptcy: Sells 100 Locations, Original Founders Take Back Control

Business
Hooters, the restaurant chain famous for its wings and waitresses in bright orange shorts, has filed for bankruptcy—but it’s not disappearing anytime soon.The company announced Monday that it’s restructuring and plans to sell all 100 of...

Let’s Fix Our Food: UNICEF, WHO, and ICMR Back Crackdown on Junk Food Ads, Demand Health Tax to Combat India’s 17M Obese Kids

Business
A leading national group focused on adolescent nutrition, spearheaded by the country’s top government nutrition body, has called for stricter regulations on advertisements promoting...

From Savings to Splurging: How India’s Rising Workforce and ₹3.3 Lakh Crore Tax Relief Will Double Consumption by 2034

Business
India is on track to become the world’s consumption powerhouse, outpacing major economies as spending surges across households. A new report by Angel One...

Himalayan Wellness Brand My Pahadi Dukan Secures Pre-Seed Funding from Inflection Point Ventures

Business
My Pahadi Dukan, a direct-to-consumer brand specializing in authentic Himalayan health and wellness products, has raised an undisclosed amount in a pre-seed funding round...

Ola Electric Under Fire: 14 Scooters Seized in Jabalpur, 36 in Maharashtra Amid Allegations of Operating Without Trade Certificates

Business
Ola Electric’s challenges seem far from over. After dealing with a series of customer complaints throughout 2024, the electric vehicle (EV) manufacturer is now...

Beautywise’s ₹1,200 Crore Vision: How Anousha & Shreyansh Chauhan Are Disrupting India’s Beauty Supplement Industry

Business
Beauty and wellness brand Beautywise, which recently made waves on Shark Tank India, is setting its sights on crossing ₹1,200 crore in revenue by...

Sanjeev Kapoor’s Wonderchef Bounces Back! Reports ₹1.6 Cr Profit, Sets Sights on ₹800 Cr in FY25

Business
Sanjeev Kapoor’s kitchenware brand Wonderchef has finally turned profitable, posting a net profit of ₹1.6 crore in FY24 after a massive loss of ₹51.8...

Indian Startups Secure $462M This Week, Led by Fintech & Edtech

Business
India’s startup ecosystem saw a sharp rise in funding this week, with 19 startups collectively bagging $462.27 million, a significant jump from the $355.02...

Snapchat Brings Sponsored Snaps to India, Partners with AJIO for Debut Campaign

Business
Snapchat has rolled out a brand-new advertising format in India—Sponsored Snaps, a feature that delivers full-screen vertical video ads straight into users’ Chat inboxes....

Purple Style Labs Secures $40 Million in Series E Funding to Expand Pernia’s Pop-Up Shop Globally

Business
Purple Style Labs (PSL), the powerhouse behind Pernia’s Pop-Up Shop, has raised nearly $40 million in its latest Series E funding round. The investment...

FitFeast’s ₹1 Crore Pitch on Shark Tank India: Aditya Poddar Faces Tough Questions from Kunal Bahl & Anupam Mittal

Business
The latest episode of Shark Tank India Season 4 kicked off with Aditya Poddar, the founder of FitFeast from New Delhi. He started by...

Rapido Gears Up for Food Delivery War: Plans to Take on Swiggy & Zomato with 1,000+ Cities in Sight

Business
Rapido, the Bengaluru-based startup best known for its bike taxi services, is reportedly gearing up to enter the food delivery space, setting the stage...

Skinvest’s Big Plans: How Divya Malpani’s ₹76 Lakh Skincare Brand Aims to Hit ₹12 Crore ARR & Expand to UAE

Business
Launched in 2022 by Divya Malpani, Skinvest is a self-funded skincare brand that’s making waves with its science-backed, affordable, and India-specific formulations. With backing...
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