Goldman Sachs
Beauty & Wellness
Purplle opens its doors at Laxmi Nagar Delhi
Founded by Manish Taneja and Rahul Dash in 2012, Purplle specializes in beauty and grooming & salons and spa.New Delhi: Mumbai-based online personal care and beauty platform Purplle.com has opened a new store in Laxmi Nagar, Delhi a social...
E-Commerce
Livspace India business becomes ‘cash flow positive’
PTI -
Livspace is expecting around 30% growth in its revenue during the 2023-24 financial year from around Rs 1,100 crore in the preceding fiscalNew Delhi: Home renovation platform Livspace has become "cash-flow positive" in India business on the back of...
Fashion & Lifestyle
Technology has been a true differentiator for Myntra: Raghu Krishnananda, CPTO
Raghu Krishnananda, Chief Product and Technology Officer, Myntra on how the leading online fashion destination uses technology to operate, differentiate and innovateNew Delhi: With almost three decades of experience, Raghu Krishnananda is a technology leader with experience in driving...
Food & Beverage
Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore
PTI -
Devyani International, the Quick Service Restaurant (QSR) operator, is the franchisee for Yum Brands, which operates KFC, Pizza Hut and Taco Bell in IndiaNew Delhi: Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for...
Fashion & Lifestyle
Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore
PTI -
The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on NSE and the BSENew Delhi: Private equity major Warburg Pincus on Thursday divested an 8.4 per cent stake in Kalyan Jewellers India...
Food
Flipkart starts hyperlocal service 'Flipkart Quick', to expand to 6 cities by year-end
Walmart-owned Flipkart on Tuesday announced the launch of its hyperlocal delivery service 'Flipkart Quick' that will enable customers to receive grocery, fresh vegetables, meat and mobile phones in 90 minutes.
“The service will be available in select locations in Bengaluru...
Retail
India e-commerce to grow 27 pc, Reliance to capture half of online grocery sales: Goldman
India's e-commerce business is expected to grow at a compound annual growth rate (CAGR) of 27 percent to reach US$99 billion by 2024, Goldman Sachs said projecting that Reliance Industries would capture half of the online grocery sales through...
Fashion & Lifestyle
Victoria Beckham's fashion biz raises £30m private equity investment
Victoria Beckham’s fashion business has received a cash injection of £30m from an investment firm spearheaded by the man behind the rise of French bakery Paul in the UK.
The injection by Neo Investment Partners, which is led by David...
Latest News
Pepperfry raises Rs 210 crore in new round of funding
Pepperfry.com, India’s largest furniture and home marketplace, has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund.
This is the largest investment...
Food
We are not looking to exit India, says Foodpanda CEO
Mobile and online food ordering marketplace Foodpanda on Tuesday refuted reports in a leading daily, which stated that the company may be up for sale.
According to a report in The Economic Times: "The company (Foodpanda) recently mandated Mumbai-based mid-market investment bank...
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Latest News
Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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