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Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

TMT

30 September, 2024

Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

Serial entrepreneur Kunal Shah’s fintech startup Cred managed to narrow its operating loss to Rs 609 crore in the financial ......

Temasek-backed DeHaat acquires Freshtrop's fruit export business

TMT

14 November, 2023

Temasek-backed DeHaat acquires Freshtrop's fruit export business

Temasek-backed agritech startup DeHaat said Tuesday it has acquired the fresh fruit export business of Freshtrop Fruit Ltd to expand ......

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VCs, angels staring at stellar returns as Mamaearth goes public

Consumer

26 October, 2023

VCs, angels staring at stellar returns as Mamaearth goes public

The public listing of direct-to-consumer brand Mamaearth is likely to get blockbuster returns for its investors, with Kunal Bahl and ......

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Mamaearth's VC backers, angel investors tweak IPO exit plan

Consumer

25 October, 2023

Mamaearth's VC backers, angel investors tweak IPO exit plan

Honasa Consumer Ltd, which houses direct-to-consumer brands Mamaearth and The Derma Co, intends to raise lower fresh capital in its ......

9 Unicorn Ventures leads pre-seed round in agritech firm Greenikk

Consumer

09 January, 2023

9 Unicorn Ventures leads pre-seed round in agritech firm Greenikk

Kerala-based agritech startup Greenikk on Monday said it has secured Rs 5.4 crore ($612,841) as a part of its pre-seed ......

Temasek, Sofina lead DeHaat's $60 mn fundraise

Finance

01 December, 2022

Temasek, Sofina lead DeHaat's $60 mn fundraise

DeHaat has raised $60 million in a Series E funding round co-led by existing investors Singapore’s Temasek Holdings and Belgium’s ......

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GIC plans to invest in  Paper  Boat  maker Hector Beverages

Consumer

18 August, 2022

GIC plans to invest in  Paper  Boat  maker Hector Beverages

Singapore’s sovereign fund GIC Pte. Ltd is looking to invest $70 million in Hector Beverages, the maker of Paper Boat ......

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

General

17 August, 2020

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......