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RENEE Cosmetics Mops Up $30 Mn At $200 Mn Valuation

India, Aug. 7 -- Direct-to-consumer beauty brand RENEE Cosmetics has raised $30 Mn (around INR 263 Cr) in its Series C funding round at a valuation of $200 Mn (around INR 1,755 Cr). The round, a mix ... Read More


SuperGaming Mops Up $15 Mn At $100 Mn Valuation: Report

India, Aug. 6 -- Pune-based gaming studio SuperGaming has reportedly raised $15 Mn (around INR 131 Cr) in a fresh funding round at nearly five times the valuation of its Series A funding round in 2021... Read More


Zostel Parent Elevates Aviral Gupta To CEO, Dharamveer Singh Chouhan Moves To Chairman Role

India, Aug. 5 -- In a leadership shuffle, hostel chain Zostel parent Zo World has elevated its long-term executive Aviral Gupta to chief executive officer, while its cofounder and CEO Dharamveer Singh... Read More


Swiggy Launches DeskEats To Tap Office-Goers In 30 Cities

India, Aug. 4 -- Foodtech major Swiggy has rolled out a new offering, DeskEats, specifically designed to cater to working professionals across India. The offering is now available in more than 7,000 ... Read More


Govt Likely To Exempt EVs From 5-Year 'End Of Life' Norm: Report

India, Aug. 4 -- In an effort to boost electric vehicle adoption, the government is likely to exempt them from the 15-year 'end of life' (EoL) regulation. A ToI report said that the power ministry wi... Read More


Lenskart DRHP: A Look At The Shareholding Pattern & Top Leaders

India, July 31 -- Omnichannel eyewear retailer Lenskart has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to INR 2,150 Cr through a fresh issue of shares. ... Read More


W Health Ventures Launches $70 Mn Fund To Back 8-10 Healthtech Startups

India, July 30 -- Healthtech-focussed VC firm W Health Ventures has launched its second fund with a target corpus of $70 Mn (INR 609 Cr). The fund will also have a greenshoe option of $30 Mn (INR 261 ... Read More


HSBC Initiates Coverage On Ather With 'Buy' Rating

India, July 30 -- Shares of Ather Energy jumped almost 4% to INR 358.05 in the morning trade on the BSE after HSBC initiated coverage on the electric two-wheeler manufacturer with a 'Buy' rating. The... Read More


Elcid To Pick Up Stake In Zepto At Reduced Valuation Of $2.2 Bn: Report

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is reportedly picking up a 0.039% stake in quick commerce startup Zepto for INR 7.5 Cr. An Arc report said that the investment w... Read More


Elcid To Raise Stake In Zepto With INR 7.5 Cr Investment

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is increasing its stake in quick commerce giant Zepto by investing up to INR 7.5 Cr. Elcid is making the investment by subscribi... Read More