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Tuesday, October 15, 2024

Fashion

Jewellery startup Bluestone targets INR 2100 cr through IPO by FY25

Fashion
With the ongoing Indian IPO boom, where tech startups like Swiggy, Ather Energy, and BlackBuck are aiming to go public, omnichannel jewellery startup Bluestone is now also preparing to join the trend. Bluestone estimated valuation is $1-1.5...

D2C footwear brand Yoho secures INR 27 Cr in Pre-Series B funding for expansion

Fashion
Delhi-based D2C footwear brand Yoho has secured INR 27 crore ($3.21 million) in its Pre-Series B funding round, led by Gulf Islamic Investments (GII). Notable͏͏ Investors͏͏ Join͏͏ Funding͏͏ Round: The͏͏ funding͏͏ round͏͏ also͏͏ included͏͏ several͏͏ prominent͏͏ investors,͏͏ such͏͏...

Nykaa issues 3.08 Lakh equity shares to employees under ESOP scheme

Fashion
Ahead͏͏ of͏͏ its͏͏ quarterly͏͏ financial͏͏ disclosures,͏͏ beauty͏͏ and͏͏ fashion͏͏ ecommerce͏͏ major͏͏ Nykaa͏͏ has͏͏ allotted͏͏ 3.08͏͏ Lakh͏͏ equity͏͏ shares͏͏ to͏͏ its͏͏ employees͏͏ under͏͏ its͏͏ employee͏͏...

Beauty e-commerce unicorn Purplle completes Series F round, raising INR 1,500 Cr

Fashion
Beauty e-commerce unicorn Purplle has successfully completed its Series F funding round, securing INR 1,500 crore (around $178.5 million). This funding was backed by...

India’s lifestyle brand Kingdom of White Secures Investment from Actor Rana Daggubati

Fashion
Actor Rana Daggubati has invested an unknown amount in Kingdom of White, an all-white lifestyle brand. On Monday, October 14, the digital-first brand announced...

Jewellery brand Kirtilals expands South India footprint with new showroom in Andhra Pradesh

Fashion
Fine diamond jewellery retailer Kirtilals has opened its 14th retail showroom in Rajahmundry, Andhra Pradesh. "We͏͏ are͏͏ excited͏͏ to͏͏ unveil͏͏ our͏͏ 14th͏͏ showroom͏͏ in͏͏ Rajahmundry,"͏͏...

Nykaa expands footprint with two new Luxe stores in Delhi-NCR

Fashion
Beauty and fashion retailer Nykaa has launched two new Luxe stores in the Delhi-NCR region. The͏͏ new͏͏ outlets͏͏ are͏͏ situated͏͏ at͏͏ DLF͏͏ CyberHub͏͏ in͏͏ Gurgaon͏͏...

Senco Gold in talks to acquire struggling online jewellery brand Melorra for INR 40-50 Cr

Fashion
Senco Gold, a listed jewellery retailer, is reportedly in talks to acquire the struggling online jewellery brand Melorra for INR 40 crore to INR...

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Luxury
Kalyan Jewellers reported healthy financial performance in the second quarter of 2024-25. Revenues from Indian operations rose by 39% compared with the same period...

Bluestone’s FY24 revenue up 64%, losses narrow despite rising expenses

Fashion
Jewellery retailer Bluestone has reported a 64% increase in operating revenue for the year ended March 2024, according to data from Tofler. Additionally,͏͏ the͏͏...

Swiss luxury watch brand Norqain eyes 5% revenue contribution from India by FY26

Fashion
Swiss luxury watch brand Norqain, which partnered with Ethos to enter India in 2022, is targeting a 5% revenue contribution from the Indian market...

With gold and diamond prices soaring, Trent and Senco Gold shift focus to lab-grown jewellery

Fashion
As gold and diamond prices reach record highs, major corporations are exploring lab-grown diamond jewellery as a more affordable alternative for consumers. Tata͏͏ Group’s͏͏ fashion͏͏...

Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season

Fashion
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...

Reliance’s Tira unveils luxury skincare brand Augustinus Bader in India

Fashion
Reliance's beauty platform Tira has introduced the global luxury skincare and haircare brand Augustinus Bader in India. Exclusively͏͏ available͏͏ on͏͏ Tira,͏͏ the͏͏ luxury͏͏ brand͏͏ being͏͏...
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