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TVS Supply Chain Solutions gets Sebi nod to float IPO

The IPO comprises a fresh issue of equity shares aggregating up to Rs 750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders, according to the draft red herring prospectus New...

Unicommerce records 50% revenue growth in FY’23

The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise valueNew Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...

Investment in Indian startups in H1 2023 lowest in last four years: PwC India

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity

The funding will be utilised to expand French Crown’s international presence Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...

Drools raises $60 million from L Catterton

Drools, which makes food for cats and dogs, has almost quadrupled its revenue over the past three years by building an omnichannel pan-India pet food businessMumbai: Drools Pet Food on Tuesday said it has received funding of around $60...

DPIIT takes up startup taxation issue with FinMin: Secretary

The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministryNew Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of...

Supply chain tech firm Pando raises $30 million in Series B funding

The funds will be used to drive Pando’s growth across geographies and industriesBengaluru: Supply chain software startup Pando has raised $30 million in a Series B funding round bringing total capital raised so far to $45 million, the company said...

E-commerce start-up Direct2U raises Rs. 1.8 crore in seed round led by IPV

The fund raised will be used for technology development, hiring, marketing and expansion plans Bengaluru: E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....

Proost Beer raises Rs 8.5 crore in a funding round

The funding round was led by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finnvolve and other prominent angel investors, including existing investors Dauble PTE and Dev Punj New Delhi: Beer brand Proost raised Rs 8.5 crore in a funding round led...

Fashinza raises $30 million from Mars Growth Capital

The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...
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Lab-grown diamond brand Solitario enters Chennai

The new 600 sq. ft. boutique is located at  Phoenix Market City Mall’s luxury arena named Palladium Bengaluru: Lab-grown diamond...
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