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Finance & Funding

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Competition Comm approves ADIA’s stake buy in Lenskart under green channel route

Under the green channel route, wherein a transaction, which does not raise any risk of an appreciable adverse effect on competition, is deemed to be approved on being intimated to the competition watchdog New Delhi: Fair-trade regulator Competition Commission of...

Warburg Pincus sells 2.49% stake in PVR for Rs 380 crore

Warburg Pincus sold the shares in PVR through its affiliate Berry Creek Investment Ltd New Delhi: Private equity company Warburg Pincus on Monday divested a 2.49 per cent stake in multiplex-chain company PVR for Rs 380 crore through the open market...

PhonePe raises $200 million in additional funding from Walmart

With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investors New Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...

Influencer marketing platform One Impression raises $10 million from Krafton, others

The company will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets, the startup said in a statement Mumbai: Influencer marketing platform One Impression on Wednesday said it raised $10 million in...

Ayurveda product brand The Ayurveda Company raises Rs 100 crore

The Ayurveda Company will use the funds to expand its offline presence, improve product manufacturing and expand research and development New Delhi: Omni-channel ayurvedic lifestyle brand The Ayurveda Co. (T.A.C) raised Rs 100 crore in its Series A funding round led...

Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr

Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the company New Delhi: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...

FreshToHome raises USD 104 million from Amazon Smbhav Venture, others

With the fundraising, the company aims to expand business including opening up of 100 physical retail stores New Delhi: Startup FreshToHome, which sells fish meat and poultry products, has raised USD 104 million from Amazon Smbhav Venture Fund and other investors...

Panasonic India aims 14% revenue growth in FY24; to expand product portfolio

The company is expecting this current financial year to end with a revenue of Rs 11,000 crore with double-digit growth New Delhi: Appliance and consumer electronics maker Panasonic Life Solutions aims to achieve a 14 per cent revenue growth in FY24,...

PhonePe raises $100 million in additional funding at $12 billion valuation

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger Global New Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...

Cloud kitchen chain edabba’ plans to raise funds for expansion

The bootstrap start-up is in talks with investment bankers to value its net worth as the first step towards raising funds Kolkata: Kolkata-based cloud kitchen chain edabba' is in talks with investment bankers to value its net worth as the...

Reliance to invest Rs 75,000 crore in UP in 4 yrs: Ambani

Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony services, expanding retail network and setting up renewable energy capacity in UP Lucknow: Reliance Industries Ltd will invest Rs 75,000 crore in rolling out 5G mobile telephony...

Fashion brand Snitch raised Rs 15 million from all 5 sharks of Shark Tank India

Snitch also launched buy now pay later (BNPL) services through its new partner BharatX New Delhi: Snitch, a fast fashion brand for men, raised Rs 15 million from investors at the Shark Tank India Season 2. All five sharks made an...

Fashion brand D’chica raises Rs 1.6 crores from Velocity

The brand will use the financing to scale its marketing and hiring efforts and to achieve a revenue of Rs 45 crores in FY 2023-24 Bengaluru: Apparel and fashion brand D’chica has raised Rs 1.62 crore from an Indian revenue-based financier...

Latest News

Pantaloons opens outlets in Kumbakonam and Jabalpur

Pantaloons operates over 344 stores across more than 170 towns and cities in India New Delhi: Aditya Birla Group-owned department store...
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