Funding
Zomato has allotted 47.75 crore equity shares to its employee welfare trust, Foodie Bay Employees ESOP Trust. The shares were allotted under various employee stock option plans (ESOPs), including Zomato ESOP 2018, ESOP 2021, ESOP 2022, and...
Dabur India announced on Wednesday, October 29 that it will buy a majority stake in Sesa Care Private Limited for INR 12.59 crore. This acquisition of the ayurvedic hair care company is expected to boost Dabur’s...
Breaking News
Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY
Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year.Meesho adjusted losses to INR...
Country Delight secures INR 200 Cr in debt funding from Alteria Capital
Country Delight, a dairy tech startup has closed its INR 200 Cr debt funding round with Alteria Capital. Earlier in August, they raised INR...
Swiggy raises fresh share size to INR 4,499 cr, files RHP
After much anticipation, Swiggy filed its red herring prospectus (RHP) late on Monday, October 28. According to the IPO papers, the public issue will...
Swiggy sets IPO price band at INR 371-390, valuing company at $11.3 Bn
Swiggy has set the price band for its upcoming IPO at INR 371-390. At the upper end, the company will be valued at $11.3...
Arya.ag secures $19.8 Mn from US DFC, aims debt support for Aryatech
Agritech startup Arya.ag has received a $19.8 Mn (INR 166.4 Cr) commitment from US International Development Finance Corporation (DFC) to provide a debt facility...
Lahori to raise INR 400 Cr, tripling Its valuation
Lahori, a Chandigarh-based beverage maker known for its local-flavoured carbonated non-alcoholic drinks, is in talks with several investors to secure INR 400 crore. This...
Bikaji to acquire 53% stake in Lucknow’s Hazelnut Factory, enters QSR segment
Bikaji Foods International Limited, a major Indian ethnic snack brand, is entering the Quick Service Restaurant (QSR) sector. Its subsidiary, Bikaji Foods Retail Limited...
Temasek to acquire 25% stake in IPO-bound Rebel Foods
Temasek Holdings, a Singapore state investor, plans to buy a major stake in Rebel Foods through a mix of new equity and buying existing...
Evenflow secures unspecified bridge round, eyes IPO in 2027
House of Brands Evenflow has secured an unspecified amount from serial entrepreneur Shail Patel and existing investors in a bridge round. This is part...
Jewellery startup Bluestone targets INR 2100 cr through IPO by FY25
With the ongoing Indian IPO boom, where tech startups like Swiggy, Ather Energy, and BlackBuck are aiming to go public, omnichannel jewellery startup Bluestone...
Beauty e-commerce unicorn Purplle completes Series F round, raising INR 1,500 Cr
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...
The Good Bug secures $3.5 Mn in Series A extension round led by Sharrp Ventures
The Good Bug, a Mumbai-based D2C startup, has raised $3.5 Mn (around INR 30 Cr) in its Series A extension round, with funding from...