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Reliance Retail likely to raise $2.5 bn by September end

Consumer

01 September, 2023

Reliance Retail likely to raise $2.5 bn by September end

Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by ......

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Lenskart looking to double overseas revenue, gearing up for acquisitions: CEO

Consumer

29 August, 2023

Lenskart looking to double overseas revenue, gearing up for acquisitions: CEO

Omnichannel eyewear unicorn Lenskart intends to double its international revenue and make several acquisitions after ending the fiscal year through ......

Softbank offloads minor stake in FirstCry ahead of IPO

Consumer

23 August, 2023

Softbank offloads minor stake in FirstCry ahead of IPO

Japan’s SoftBank, a big-ticket private equity investor in India, has sold shares of Brainbees Solutions Pvt. Ltd, which operates kids-focussed ......

Qatar Investment Authority pumps $1 bn into RIL's retail arm

Consumer

23 August, 2023

Qatar Investment Authority pumps $1 bn into RIL's retail arm

Qatar’s sovereign wealth fund, the Qatar Investment Authority has invested Rs 8,278 crore (around $1 billion) for a 0.99% stake ......

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Amazon Smbhav looks to expand lifestyle ambit with fresh beauty, personal care bet

Consumer

22 August, 2023

Amazon Smbhav looks to expand lifestyle ambit with fresh beauty, personal care bet

E-commerce giant Amazon’s SME-focussed fund is in advanced stages of discussion to pick up a minority stake in a direct-to-consumer ......

Bata India mulling strategic partnership with sportswear major Adidas: Report

Consumer

17 August, 2023

Bata India mulling strategic partnership with sportswear major Adidas: Report

Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker's presence ......

Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise

Consumer

11 August, 2023

Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise

Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5% ......

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......

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Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup

Consumer

09 August, 2023

Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup

Mattress maker Springwel Mattresses Pvt. Ltd is evaluating acquisition of majority stake in a new-age startup in the category, which ......

Pepperfry co-founder Ambareesh Murty dies at 51

Consumer

08 August, 2023

Pepperfry co-founder Ambareesh Murty dies at 51

Pepperfry co-founder and chief executive officer Ambareesh Murty died of a cardiac arrest in Leh, Ladakh on the night of ......