Friday, November 8, 2024

Startups

Meesho pulls gangster Lawrence Bishnoi t-shirts after public outcry

Retail & Ecommerce
Meesho, a major e-commerce platform, has faced backlash on social media for selling t-shirts with gangster Lawrence Bishnoi. Users are accusing the company of "glorifying" criminals to make money. Bishnoi T-shirts available at INR 166, label as...

Babyshop launches first store at Gaur City Mall

Retail & Ecommerce
Babyshop has opened its first store in India at Gaur City Mall, offering a wide range of products for babies, toddlers, and children to Indian shoppers. Inauguration features owners of Gaur The grand opening featured Sarah Gaur, owner...

Ninjacart’s revenue soars by 74%, hits INR 2000 Cr

E-Commerce
Ninjacart, a B2B agritech startup, saw its operating revenue rise by 74% in FY24, reaching INR 2,002.7 Cr, up from INR 1,153.4 Cr the...

Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY

E-Commerce
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

Dairy
Country Delight, a dairy tech startup has closed its INR 200 Cr debt funding round with Alteria Capital. Earlier in August, they raised INR...

Rare Rabbit Reports Double-Digit Profit Surge, Revenue Soars by 69%

Fashion
Bengaluru's The House of Rare, which runs Rare Rabbit, more than doubled its net profit in the financial year ending March 31, 2024, thanks...

Bodycraft opens 22nd Beauty & Wellness clinic in Dehradun

Skincare
Bodycraft, a beauty and wellness chain, has opened its 22nd clinic and salon in India, located in Dehradun. The new store spans over 5,200...

Curefoods Plans Expansion to 1000 Locations, Opens First International Store

Food & Beverage
Curefoods, the Bengaluru headquartered food and beverages service, which is one of the largest food tech companies in India, intends to grow to 1,000...

Arya.ag secures $19.8 Mn from US DFC, aims debt support for Aryatech

Growth
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...

Tata to introduce “Neu Flash”, targets to expand in Q-commerce sector

E-Commerce
With the rise in demand for instant deliveries in India, Tata Group plans to enter the market, competing with major players like Blinkit, Zepto,...

Lahori to raise INR 400 Cr, tripling Its valuation

Food & Beverage
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...

Evenflow secures unspecified bridge round, eyes IPO in 2027

E-Commerce
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

Fashion
With the ongoing Indian IPO boom, where tech startups like Swiggy, Ather Energy, and BlackBuck are aiming to go public, omnichannel jewellery startup Bluestone...

Daryaganj Restaurants set to launch first International outlet in Bangkok by January 2025

Food & Beverage
Daryaganj Restaurants shared that they will open their first international restaurant in Bangkok, Thailand. Amit Bagga, co-founder and CEO, revealed about the company’s upcoming...
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