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ETtech Deals Digest: Startups raise $158 million this week; up 72% on-yearIndian startups secured $157.7 million between May 10 and 16, marking a significant increase from the previous year but a decline from the ...- Investors have committed Rs 450 crore for second fund: Carpediem CapitalThe home-grown private equity player has invested in two companies — Fornax and Sindhuja Microcredit — from the second fund, while Rs 380 c...
- Crypto crashes, sparks panic; Dream Capital chases cricket NFTsThe digital asset has now lost almost half its value from an all-time high of $68,990 in November, owing to geopolitical tensions and the p...
- Data wiper hits Ukraine computers; edtech firms guarantee jobsHours before Russian President Vladimir Putin launched an invasion of Ukraine on Thursday morning, a destructive piece of software had alre...
- 1-India Family Mart raises Rs 50 crore in funding from Dubai-based Gulf Islamic InvestmentsThe “fresh funding round from GII will significantly boost our expansion plans, strengthen our retail presence and drive growth trajectory ...
- Developments at Tata Digital; ride-hailing firms optimisticOur top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions Bi...
- Suumaya Industries picks up minority stake in Nysaa RetailThe deal offers Suumaya access to 1-India Family Mart’s more than 100 outlets, mostly in tier-3 and tier-4 cities. Suumaya has purchased a ...
- Local authorities seen ‘harassing’ retailers in small cities & towns“There should be detailed guidelines so as to avoid harassment at hands of the local administration,” said Ram Chander Agarwal, CMD, V2 Ret...
- Work from home boosting India's comfort-wear sector as hosiery market sees a spike in demand“With the lockdown being eased and restrictions being lifted across various parts of the country, we have witnessed a spike in demand for u...
- 1-India Family Mart CEO loves reading TS Eliot, feels his poems are complex, disruptiveThe retail chain boss finds TS Eliot's works to be the most appealing.
- 1-IndiaFamilyMart appoints new COOIndiaFamilyMart presently has 92 stores across East and North India, said the company.
- Nysaa in talks with private equity funds to raise Rs 350 croreThe Carpedium Capital-backed company has appointed investment bank Avener Capital to look for investors.
- Nysaa hires former ShopClues, V-Mart CFO to head group financeCarpediem Capital-backed Nysaa Retail has bolstered its top deck as the value retail chain starts preparing for an initial public offering.
- Nysaa Retail to invest Rs 100 cr to add 80 storesThe company, which operates 80 stores in tier-II and -III cities in eastern and northern India, is expected to close the current fiscal wit...
- Carpediem Capital-backed 1-India Family Mart registered Rs 245 crore net revenueThe start-up attributes the growth to its expansion to newer states mainly from Tier-3 & 4 cities in the north and East India, which led to...
- Carpediem capital PE invests Rs 41.5 crore in 1-India Family MartThe national consumer market is reportedly growing at 12-18%, with smaller cities and towns growing at a faster rate than the rest of the c...
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