Thursday, January 22, 2026

News

FirstCry’s Q1 FY24 sales hit INR 1,407 Crore, reflecting robust growth

SoftBank-backed omnichannel retail startup FirstCry has formally lodged its draft red herring prospectus (DRHP) with the market regulator SEBI, aiming to secure INR 1,816...

Alibaba to face legal action in U.S. over alleged sale of counterfeit Squishmallows

On Wednesday, a U.S. judge declined Alibaba's attempt to have a lawsuit dismissed concerning the purported sale of counterfeit editions of the popular children's...

US online retailer Zulily faces liquidation, leaving customers and employees in the lurch

The American e-commerce platform Zulily is shutting down, unexpectedly impacting customers and resulting in the termination of hundreds of employees following unsuccessful attempts to...

After a challenging year, consumer goods sector sets sights on robust recovery in 2024

Feeble consumer sentiment and subdued demand dominated the narrative for producers of packaged consumer goods in 2023. However, the forthcoming year presents optimism, anticipating...

IPO-bound FirstCry files DRHP, targets INR 1,816 Crore fundraising in fresh issue

Pune-based BrainBees Solutions Limited, the parent entity of the omnichannel marketplace FirstCry, has filed a draft red herring prospectus (DRHP) with the market regulator...

Zomato unveils PicNic AI, redefining the art of food presentation

Zomato has recently rolled out PicNic AI, an innovative tool set to revolutionize the visual presentation of food images shared by its partnering restaurants....

Zomato receives INR 401.7 Crore show cause notice from GST authority over unpaid taxes

Foodtech giant Zomato has been issued a show cause notice of INR 401.7 Crore by the Directorate General of GST Intelligence, Pune Zonal Unit....

Tech-driven D2C brand Homified raises INR 10 Million for strategic expansion

Homified, an innovative tech-driven Direct-to-Consumer (D2C) brand affiliated with The Teaser Company, has successfully raised INR 10 million in a Pre-Seed funding round. The...

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