India, June 25 -- India's consumer economy is entering a defining new chapter. The era of burning capital for hyper-growth is over, replaced by a renewed focus on profitability, retention, and operat... Read More
India, June 25 -- Honasa Consumer's investor Sofina Ventures has parsed its stake in the BPC major via a bulk deal worth about Rs.177.2 Cr. According to NSE bulk deal data, Sofina, via its holding en... Read More
India, June 25 -- Meesho Chases Kirana High Meesho's first acquisition after its IPO appears to be more than a new experiment. By buying Kirana Club for Rs.202 Cr, Meesho, after years of B2C scale, i... Read More
India, June 25 -- When someone buys car insurance in India, it's generally assumed that most of the premium goes towards insurance coverage. However, this is often not the case. On a Rs.50,000 motor ... Read More
India, June 25 -- Adding to its bid to double down on the Singapore market, listed coworking major Smartworks' board has now approved a complete buyout of a Singapore-based startup, WorkStudio. The a... Read More
India, June 25 -- Meesho's first acquisition announcement after the ecommerce company went public also marked its foray into B2B retail space from the conventional B2C ecommerce landscape. But what wa... Read More
India, June 25 -- The central government may end up acquiring a 1-2% stake in AI unicorn Sarvam once its $300 Mn funding round is closed. According to an ET report, the acquisition pertains to comput... Read More
India, June 25 -- A few years after launching credit on UPI, the RBI has now reiterated the regulatory framework governing credit on UPI, bringing the rules for pre-sanctioned credit lines in line wit... Read More
India, June 25 -- Former Infosys CEO Vishal Sikka's new AI venture Hang Ten Systems has raised $32 Mn (Rs.302 Cr) in its seed funding round led by private equity (PE) giant Mayfield Ventures. The rou... Read More
India, June 25 -- Amazon CEO Andy Jassy, who is on a visit to India, announced the ecommerce giant's plans to invest an additional $13 Bn in India to scale AI and cloud infrastructure by 2030. This i... Read More