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Finance & Funding

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Colgate Palmolive gets Rs 170 crore Transfer Pricing Order from Income Tax authorities

The Transfer Pricing Order is for the financial year 2021-22New Delhi: Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions.The Transfer Pricing Order is...

Shoemaker AKI India plans to raise Rs 80 cr to fund growth

NPS, which owns the Solovair range of leather shoes, intends to introduce it in India through this JVNew Delhi: Kanpur-based leather goods maker AKI India plans to raise Rs 80 crore from the market and announced a new 25:75 joint...

Jaipur-based Motisons Jewellers raises Rs 33 cr in pre-IPO round

The pre-IPO placement was undertaken after the approval of the board and shareholders in their meetings on September 2 and September 11, respectivelyNew Delhi: Motisons Jewellers, a Jaipur-based retail jeweller company, has garnered Rs 33 crore in its pre-IPO (initial...

E-commerce platform Meolaa raises $2 Million in Seed Funding

Founded by 23-year-old Ishita Sawant. Meolaa has a portfolio of over 2500 brands and 125,000 products across six different categories New Delhi: Digital consumer products e-commerce platform Meolaa has bagged $2 million in its latest seed funding round, the company announced...

Abu Dhabi Investment Authority to invest Rs 4,966.80 crore in Reliance Retail

This investment by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) "will translate into an equity stake of 0.59 per cent" in Reliance Retail Ventures Limited (RRVL) on a fully diluted basisNew Delhi: Abu Dhabi Investment Authority (ADIA)...

Dressfolk raises Rs3.3 crore in seed funding

The company plans to use the fund to strengthen its product portfolio, expand distribution channels, and expand its team and operationsNew Delhi: Indian handloom ethical clothing brand Dressfolk announced today that it has raised Rs 3.3 crore in...

Beauty brand Pilgrim raises $20 million series B funding

The brand is planning to deploy the funds in brand building, research and development and bolstering offline expansion within India Bengaluru: Beauty and personal care brand Pilgrim has raised $20 million in Series B funding led by Vertex Ventures Southeast Asia...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

Flash.co raises Rs 55 crore in funding led by Blume Ventures, Peer Capital

White Venture Capital and Emphasis Ventures also participated in the funding roundNew Delhi: Shopping platform Flash.co on Tuesday said it has raised $6.7 million (around Rs 55 crore) in a funding round led by Blume Ventures and PeerCapital.White Venture...

Reliance Retail funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest

About 20 global funds and major investment firms are making a beeline to invest billions of dollars into Reliance Retail as it is widely viewed by international investors as a de facto play on India’s torrid future consumption story New...

Aditya Birla Fashion to raise Rs 750 crore

The company will raise funds on a private placement basisNew Delhi: Aditya Birla Fashion and Retail plans to raise Rs 750 crore on or after September 4 through debt bonds, the company said on Thursday.The company will raise funds...

Softbank sells 1.16% stake in Zomato for Rs 947 crore

Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...

D2C Wellness Brand What’s Up Wellness raises seed funding of Rs 14.40 crore led by Unilever Ventures

What’s Up Wellness will utilize the funds to ramp up its team, scale its operations and develop an array of new products Mumbai: Gurugram-headquartered digital-first wellness brand What’s Up Wellness has raised equity funding of Rs 14.40 crore in its...

Ice cream brand Go Zero raises $1 million in pre-series A funding

The funding round was led by DSG Consumer Partners, Saama, V3 Ventures and other angel investors Bengaluru: Mumbai-based Ice cream brand Go Zero has secured $1 million in its pre-Series A funding round, the company said in a press release on...

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Bhima Jewellers: Shining Bright Since 1925

From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy...
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