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Jewellery brand Giva's valuation soars as PremjiInvest doubles down, early VCs mint money

Consumer

14 October, 2024

Jewellery brand Giva's valuation soars as PremjiInvest doubles down, early VCs mint money

Silver jewellery retailer Giva has raised a new round of funding led by PremjiInvest, with its valuation more than doubling ......

ADIA-backed Purplle closes Series F at $178 mn, Sharrp Ventures joins cap table

Consumer

14 October, 2024

ADIA-backed Purplle closes Series F at $178 mn, Sharrp Ventures joins cap table

Omnichannel beauty platform Purplle Monday said it has closed its Series F funding round, having raised Rs 1,500 crore (around ......

The Good Glamm Group completes Sirona acquisition following legal tussle

Consumer

11 October, 2024

The Good Glamm Group completes Sirona acquisition following legal tussle

Burying their hatchet over payment dues, multi-brand personal care platform The Good Glamm Group has completed the acquisition of feminine ......

Govt orders audit of Ola Electric's service centres after consumer complaints

Consumer

10 October, 2024

Govt orders audit of Ola Electric's service centres after consumer complaints

India's heavy industries ministry has ordered an audit of Ola Electric's service centres, ratcheting up pressure on the e-scooter maker which is ......

Pantomath's Bharat Value Fund strikes fresh bet in local diaper maker

Consumer

10 October, 2024

Pantomath's Bharat Value Fund strikes fresh bet in local diaper maker

Bharat Value Fund, homegrown mid-market investor Pantomath’s category-II alternative investment fund, has invested $14.5 million (Rs 122 crore) in Indore-based ......

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Has Warburg Pincus-backed boAt hit an iceberg?

Consumer

09 October, 2024

Has Warburg Pincus-backed boAt hit an iceberg?

Warburg Pincus and Fireside Ventures-backed audio products and wearables brand boAt’s sales contracted in the financial year through March 2024, ......

D2C Insider hits first close of maiden fund to back consumer startups

Consumer

09 October, 2024

D2C Insider hits first close of maiden fund to back consumer startups

Startup enabler D2C Insider said Wednesday it has marked the first close of its first fund to invest in early-stage ......

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Consumer

09 October, 2024

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Hyundai Motor said on Wednesday it plans to use proceeds from a record $3 billion IPO of its Indian unit ......

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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October, 2024

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

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HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Consumer

08 October, 2024

HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Billionaire Shiv Nadar, founder of IT services company HCL Technologies Ltd, has signed a deal to acquire an education services ......