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Good Glamm Group aims to reduce marketing spend to less than 20%, targets profitability ahead of IPO
Good Glamm Group,͏͏ a content-to-co͏m͏merce platform, is aiming͏ to reduce its mark͏eti͏ng͏ spending͏ to less͏ th͏a͏͏n 20% of it͏s ͏reve͏nu͏es w͏ithin t͏he n͏ex͏t two͏...
India’s consumer boom: Why the next big investment could be in your living room
The consumer investment landscape in India has undergone a remarkable transformation over the past two decades. Chaitanya Rathi, Advisor at Sharrp Ventures, offers an...
Jewellery brand Bluestone in talks to secure INR 830 Cr in pre-IPO funding
Bluestone, the͏ omnichannel jewellery brand, is presently i͏n͏ talks to secure an inve͏stmen͏t of about I͏NR 830 Cr ($100 Mn) from Peak XV Partners,...
Luxury furniture brand Stanley Lifestyles to raise INR 537 Cr via IPO, issue opens June 21
Stanley Lifestyles, the lu͏xury fur͏ni͏t͏ure brand, announced͏ o͏n Friday it͏s pla͏n to ra͏ise INR 537 crore͏ through its͏ in͏i͏tia͏l public offering (IPO), s͏chedu͏led to...
DST Global and Lightspeed Venture Partners likely to join Zepto’s financing round, valuing it at about $3 Billion
Yuri Milner’s DST Global and Lightspeed Venture Partners are expected to participate in the ongoing financing round for Zepto, according to multiple informed sources.This,...
Indian consumers embrace 10-minute grocery apps, squeezing small retailers out of competition
In a suburban neighborhood of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse, hustle to fulfill orders within a 10-minute window. Their efficiency is monitored...
Chef Sanjeev Kapoor backed Wonderchef targets INR 820 Cr revenue in FY25
Wonderchef, the kitchen appliances brand backed by celebrity chef Sanjeev Kapoor, aims to reach a revenue target of INR 820 crore in FY25, as...
Good Glamm Group appoints former Becca Cosmetics CEO Lauren Bloomer to lead international operations
Good Glamm Group, a content-to-commerce platform, has named former Becca Cosmetics CEO Lauren Bloomer as the president of its international division.In her new role,...
Fast-fashion giant Shein to file $63.70 billion London IPO prospectus
Shein, an online fashion retailer, is set to submit a prospectus to Britain's Financial Conduct Authority for approval. This step is in preparation for...
Baron Capital raises IPO-bound Swiggy’s valuation to $15.1 Billion
Baron Capital, a US-based asset manager, has marked up the valuation of Swiggy to $15.1 billion, as indicated in regulatory filings with the US...
Swiggy’s revenue from food delivery, Instamart reaches INR 7,800 Cr in FY24
IPO-bound Swiggy Ltd. saw a 35% increase in revenue from its top two businesses—food delivery and the quick-commerce unit Instamart—in FY24, along with a...
Jewellery retailer Bluestone on track to become unicorn in pre-IPO funding round
Bluestone, an omnichannel jewellery retailer, is in talks to raise around $100 million in a pre-IPO round, likely valuing the company at more than...