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Flipkart explores buyout of cash-strapped Dunzo
Flipkart, a major ecommerce platform backed by Walmart, is reportedly exploring the acquisition of cash-starved hyperlocal delivery startup Dunzo.According to a TechCrunch report, complexities...
Consumer goods giants scale back B2B sales to ensure fair play for distributors
Leading consumer goods companies Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers such as Flipkart Wholesale, Udaan, and Reliance Cash and...
B2B seafood startup Captain Fresh secures $25M in funding Led by UK Govt-backed BII and Nekkanti Seafoods Group, eyes international expansion
B2B seafood startup Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based...
Scandalous Foods successfully completes pre-seed funding, secures INR 3 Crore
Scandalous Foods, a rapidly growing B2B sweets startup, has announced the successful completion of its pre-seed funding round, securing a total of INR 3...
B2B seafood startup Captain Fresh set to secure $7 Mn funding from British International Investment
Captain Fresh, a B2B seafood startup, is in the process of securing nearly $7 million (approximately INR 58 crore) from British International Investment (BII)....
Zomato’s strong Q3 performance spurs brokerage firms to boost price targets; Blinkit expansion drives optimism
Brokerage firms such as Jefferies, Nuvama, and Kotak have increased their price targets (PT) for Zomato stock following the foodtech giant's announcement of a...
Zomato’s B2B vertical Hyperpure sees exponential growth in Q3 FY24, revenue inches closer to INR 1,000 Cr
For years, Zomato has relied heavily on food delivery, with a recent foray into quick commerce. However, alongside these ventures, the company has quietly...
Nykaa’s Q3 results ignite bullish sentiment, shares jump 6%
Nykaa, a prominent beauty and fashion ecommerce platform, witnessed a 6% surge in its shares during Wednesday's trading session following the announcement of its...
B2B SaaS platform Rupyz secures $1.2 Million in seed funding led by Merak Ventures to enhance FMCG distribution and supply chain solutions
Rupyz, a B2B SaaS startup, has secured $1.2 million (INR 9.9 crore) in its seed funding round, with Merak Ventures leading the investment, along...
Blue Tokai reports 70% revenue surge in FY23; net loss soars 3.5 times amidst aggressive expansion
Blue Tokai, the specialty coffee brand backed by A91 Partners and actor Deepika Padukone's Ka Enterprises, reported a noteworthy surge in operating revenue during...
NDFCI unveils MEWA India 2024: India’s first B2B exhibition for nuts and dry fruits industry
MEWA 2024, a first-of-its-kind exposition in India, is set to host a two-day trade meet on the 16th and 17th of February. Organized under...
Flipkart nears profitability amidst cost reduction measures and fintech expansion
Flipkart, the e-commerce giant led by Walmart, is approaching profitability, according to Kalyan Krishnamurthy, the group chief executive. Despite operating at a loss, Krishnamurthy...