Sunday, November 24, 2024

Accel

Jewellery retailer Bluestone has reported a 64% increase in operating revenue for the year ended March 2024, according to data from Tofler. Additionally,͏͏ the͏͏ company͏͏ narrowed͏͏ its͏͏ annual͏͏ losses͏͏ by͏͏ about͏͏ 15%͏͏ to͏͏ INR͏͏ 142.2͏͏ crore.The͏͏...
Universal Sportsbiz Private Limited (USPL), the company behind the Virat Kohli and Accel-backed youth fashion brand WROGN, is facing challenges in boosting its sales. The startup's operating revenue dropped by 29% to INR 243.8 crore in...

Luggage brand Uppercase secures $9 Mn from Accel; valuation doubles to $60 Mn

Venture capital firm Accel has injected $9 million into Uppercase, nearly doubling the new-age luggage maker's valuation to $60 million.The investment will support the...

Swiggy’s early investors Prosus, Accel, and Elevation Capital set to sell shares ahead of IPO

A͏he͏ad of its initial public offering (IPO), f͏oodtech giant Swiggy's early backers are reportedly selling shares,͏ partially͏ diluting͏ ͏their stakes in the company.New Investors...

90% of Indian retail market to stay offline despite digital surge, says Accel’s Prashanth Prakash

Online-first Direct-to-Consumer (D2C) brands have a significant opportunity to extend their presence by expanding into offline stores, as highlighted by Prashanth Prakash, founding partner...

Meesho to upsize next funding round to $500-$650 Million

Meesho, the ecommerce platform, is reportedly considering increasing the size of its upcoming funding round to $500-$650 million from $300 million earlier, given the...

Sustainable packaging startup Fibmold secures $10M funding led by Omnivore and Accel

Fibmold, a startup focused on sustainable packaging, has successfully obtained $10 million in funding from a round spearheaded by Omnivore and Accel.Established in October...

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