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Snapdeal-backed Unicommerce files DRHP for IPO, existing investors set to sell up to 2.98 Cr shares
Snapdeal-backed SaaS startup Unicommerce has submitted its draft red herring prospectus (DRHP) to market regulator SEBI, marking the fifth Indian startup to do so...
Honasa Consumer opens first pan-India multi-brand store in Pune
Honasa Consumer Pvt. Ltd, the beauty and personal care conglomerate, has launched its first multi-brand store pan India at Seasons Mall in Pune, as...
Invesco raises Swiggy’s valuation by 9% to $8.5 Billion, marks second consecutive increase
Invesco has increased the valuation of the food and grocery delivery platform Swiggy by approximately 9% to $8.5 billion in its records as of...
Meesho’s early investors explore new secondary share sales at valuation of $3-3.5 Billion
Angel investors and early institutional shareholders of the e-commerce firm Meesho are in talks with potential investors to sell off their shares, according to...
Snapdeal reports INR 388 Crore revenue in FY23 with 45% reduction in losses
Gurugram-based e-commerce platform Snapdeal has demonstrated a distinctive approach among its peers in the horizontal e-commerce domain by consistently placing a priority on profitability....
Ratan Tata to liquidate entire 77,900 shares in FirstCry IPO
Business tycoon Ratan Tata is poised to liquidate his complete holding of 77,900 shares in the upcoming first public offering (IPO) of the FirstCry...
SoftBank to lead FirstCry IPO sell-off with up to 2 Crore shares; other major stakeholders follow suit
SoftBank is set to offload the highest number of shares in Pune-based omnichannel marketplace FirstCry's initial public offering (IPO). According to the draft red...
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...
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...
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...
Mokobara’s operating revenue soars fourfold to INR 53 Crore in FY23, despite a 78% increase in losses
New-age luggage brand Mokobara reported a notable increase in its operating revenue, surpassing fourfold growth to reach INR 53 crore in the financial year...
IPO-bound FirstCry faces soaring losses, reporting over 500% surge to INR 486 Crores in FY23
IPO-bound omnichannel retailer FirstCry witnessed a fivefold increase in its net loss during the financial year concluding on March 31, 2023. The Mumbai-based startup...