Friday, November 8, 2024

Peak XV Partners

Amid a broader rally in shares of D2C unicorn Honasa Consumer, investors Peak XV Partners, Fireside Ventures, Stellaris Venture Partners, and others sold shares worth INR 1,601.68 crore through bulk deals. Peak XV (formerly Sequoia India) sold...
Omnichannel jewellery brand Bluestone has reportedly closed a funding round of INR 900 crore, boosting its valuation to $970 million. According to ET, the pre-IPO round included contributions from Peak XV Partners, Prosus, Steadview Capital, Think Investments,...

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,...

Springwel Mattresses in advanced talks to acquire D2C brand SleepyCat

Springwel Mattresses is nearing the finalization of acquiring SleepyCat, a direct-to-consumer (D2C) mattress startup, in a bargain deal, according to sources. The deal, primarily...

Mohit Gupta and Mukesh Bansal’s fashion startup Lyskraft raises $26 Million in seed funding

Lyskraft, the omnichannel fashion startup founded by former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal, has raised $26 million in seed...

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...

Agritech startup DeHaat forays into consumer market with Honest Farms brand

Agritech startup DeHaat, backed by investors such as Peak XV Partners and Sofina Ventures, has entered the consumer market by introducing its own brand...

Peak XV Partners and Tiger Global eye stake acquisition in SoftBank-backed Meesho amidst secondary deal talks

According to a report by ET, Peak XV Partners (formerly known as Sequoia Capital India) and Tiger Global, along with several other investors, are...

D2C luggage brand Mokobara secures $12 million in funding from Peak XV Partners, existing investors

D2C luggage brand Mokobara has raised $12 million (INR 100 crore) in its latest round of funding led by Peak XV Partners (formerly Sequoia...

ITC mulls 47% stake acquisition in Prataap Snacks, eyes market share growth

ITC is currently evaluating the acquisition of a 47% stake previously held by Peak XV Partners (formerly Sequoia Capital) in the publicly traded Prataap...

Wingreens Farms reports 50% surge in FY23 revenue, but net loss doubles to INR 180 Crore

Wingreens Farms, a packaged foods brand, saw its net loss nearly double to INR 180 crore in the last financial year, up from INR...

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...

Beauty brand Plum’s FY23 revenue soars 71%, reaching INR 322 Crore

Pureplay Skin Sciences Ltd, the maker of beauty products under the brand name Plum, reported a significant 71.3% year-on-year growth in its total revenue...

Rebel Foods surpasses INR 1,000 Cr operating revenue milestone, reports 39% YoY growth in FY23

Mumbai-based cloud kitchen giant Rebel Foods saw its operating revenue cross the INR 1,000 Cr mark in the financial year ending on March 31,...

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