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Warburg eyes 10% stake in Kalyan Jewellers’ Candere brand for Rs 850 croreThe New York-based private equity firm is in talks to buy 10% in Kalyan's lifestyle brand for Rs 850 crore. It will buy part of the stake f...- Warburg rejoins Kalyan gold rush; Fintechs hit insurance wallHappy Wednesday! Warburg Pincus is in talks to invest in Kalyan Jewellers’ Candere. This and more in today's ETtech Morning Dispatch.
- Quick-fashion delivery startups attract fresh VC capitalFunding is surging in quick-fashion delivery, with startups like Knot and Zulu Club attracting early-stage investment. As shopping habits s...
- ETtech Deals Digest: Startups raise $221 million this week, down 45% on-yearThe funds were raised through 19 deals, compared to 48 in the year-ago period.
- Lab-grown diamond jewellery company Aukera raises $15 million in round led by Peak XV PartnersExisting investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital participated in the round. With this, the compan...
- Lab grown diamond startup Jewelbox raises $3.2 million from V3 Ventures, othersKolkata-based lab-grown diamond jewellery brand Jewelbox plans to use the funds to expand its retail footprint across India, strengthen bra...
- Lab grown diamond startup Firefly raises $3 million from WestBridge Capital, othersFirefly, a lab-grown diamond startup, operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, and aims to scale up to more than 20 locat...
- Priyanka Gill quits Kalaari Capital to launch lab-grown diamond brandThe new venture, named Coluxe, has secured early-stage funding from investors and plans to launch digitally in mid-2025, with retail expans...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Unacademy-Allen deal; Swiggy Q2 earningsHappy Wednesday! Unacademy and Allen Career Institute have been in talks to strike a deal but the terms are yet unclear. We have details of...
- New-age firms say lab-grown diamonds are not 'synthetic'New-age jewelry brands are opposing the term 'synthetic' for lab-grown diamonds (LGDs), citing incorrect equivalence with diamond simulants...
- Jewellery brand Giva raises additional Rs 255 crore from Premji Invest, Epiq Capital, othersGiva plans to use the funds to expand its offline presence across India and enhance its lab-grown diamond offerings. In July, the company r...
- Online merchants under GST scanner; Infosys bonus payoutHappy Wednesday! The rapid growth of digital payments has also increased the scrutiny of online merchants due to surge in cases of tax evas...
- Are lab-grown diamonds forever? Examining their impact on the natural gems businessIt’s 2024, and that carefully crafted chain of the diamond business is now being disrupted. Enter lab-grown diamonds (LGD). A lab-grown dia...
- Specialty coffee chain AbCoffee raises $3.4 million funding led by Nexus Venture PartnersMumbai-based AbCoffee has raised $3.4 million funding led by Nexus Venture Partners to accelerate supply chain and technology stack for aff...
- New-age consumer brands pulling in funds, tech no bar; and other top stories this weekAt the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature...
- Tech-first VCs line up for new-age consumer brands, offline businessesTech-first VC Nexus Venture Partners will lead a $5 million funding round in specialty coffee brand AbCoffee and it will also invest in lab...
- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
- Romancing the stone, and not breaking the bank: Why diamonds are a good deal this festive seasonSix months ago, a 1-carat LGD ring at the retail level was priced at ₹2 lakh. But now it costs ₹80,000-₹1 lakh. Similarly, a 1-carat natura...
- Lab-grown diamonds set to catch festive sparkleEven high-net-worth individuals (HNIs) have taken a shine to lab-grown diamonds, which earlier attracted mainly the 18-35 age group that co...
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