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Honasa CEO Varun Alagh Buys Shares Worth INR 50 Cr From Fireside Ventures

India, Dec. 29 -- Honasa Consumer's cofounder and CEO Varun Alagh has increased his stake in the beauty and personal care (BPC) major by purchasing shares worth INR 50 Cr from the company's investor F... Read More


Flipkart To Exit Flying Machine Parent In INR 135 Cr Deal

India, Dec. 29 -- Adding to its selling spree in recent months, ecommerce major Flipkart will now be selling its entire stake in clothing brand Flying Machine's parent Arvind Youth Brands Pvt Ltd (AYB... Read More


CarDekho Invests $10 Mn In Edtech Subsidiary CollegeDekho

India, Dec. 26 -- CarDekho Group, the parent company of autoclassifieds startups CarDekho and BikeDeho, has invested $10 Mn (INR 89.9 Cr) in its edtech subsidiary, CollegeDekho, to strengthen its pres... Read More


SBI Mutual Fund Trims Stake in Delhivery To 5.69%

India, Dec. 24 -- SBI Mutual Fund offloaded shares of Delhivery on Monday (December 22) to reduce its stake in the logistics company to 5.69%. In an exchange filing, SBI Mutual Fund said it sold 18.1... Read More


Naxatra Labs Bags $3 Mn To Accelerate EV Motor Production

India, Dec. 23 -- EV motors manufacturer Naxatra Labs has raised $3 Mn (INR 26.86 Cr) in a Pre-Series A round led by Zerodha's Rainmatter. Besides, angel investors like Vijay Shekhar Sharma (CEO, Payt... Read More


PayNearby Gets TPAP Licence To Offer UPI Payments

India, Dec. 23 -- Fintech startup PayNearby has received a third-party application provider (TPAP) licence from the National Payments Corporation of India (NPCI) to offer UPI payments services. In a ... Read More


Swiggy Instamart Experiments With Physical Retail

India, Dec. 22 -- Adding on to its spree of experimentations, consumer services giant Swiggy has now opened an offline Instamart branded mini store in Gurugram. Instamart, which is the company's quick... Read More


Cautio Acquires BYTES To Provide Safety Solutions For Two-Wheelers

India, Dec. 22 -- Visual telematics startup Cautio has acquired BYTES, an AI-powered automotive startup that specialises in building advanced driver assistance systems (ADAS) for two-wheelers, to expa... Read More


[Exclusive] MilkStation Nets $2.5 Mn To Expand Value Added Products

India, Dec. 20 -- D2C dairy startup MilkStation has raised $2.5 Mn (around INR 22.5 Cr) from UK-based family dairy company V-Dairy. This marks the Rajasthan-based startup's first external capital rais... Read More


Exclusive: MilkStation Nets $2.5 Mn To Expand Value Added Products

India, Dec. 20 -- D2C dairy startup MilkStation has raised $2.5 Mn (around INR 22.5 Cr) from UK-based family dairy company V-Dairy. This marks the Rajasthan-based startup's first external capital rais... Read More