Blinkit to freeze new product launches amid festive rushBlinkit’s decision to pause new products launched on its platform comes as quick commerce and ecommerce platforms prepare for the festive s...
D2C skincare brand Asaya raises Rs 88 crore funding at Rs 400 crore valuationDirect-to-consumer (D2C) skincare brand Asaya has raised Rs 88 crore at a post-money valuation of Rs 400 crore from RPSG Capital and other ...
Brands unwrap premium gifting packs on quick commerce for festive seasonBrands are launching festive, event-specific products on quick commerce platforms as shoppers increasingly turn to rapid delivery for gifti...
New-age firms cushion Q1 raw material, diesel cost shock with price hikes, efficienciesNew-age consumer and logistics firms managed cost increases during the April-June quarter. Strong sales growth and selective price hikes he...
Mamaearth parent Honasa Consumer's net profit doubles to Rs 90 crore in Q1The beauty and personal care (BPC) brand reported a 27% year-on-year increase in operating revenue to Rs 756 crore for the first quarter of...
- The Derma Co crosses Rs 1,000 crore annualised in net sales
With this milestone Honasa Consumer now has two brands with Rs 1,000 crore in annualised sales, founder and chief executive Varun Alagh sai...
From discovery to purchase: How creators shape Gen Z's festive shoppingAbout 34% of Gen Z turn to social platforms for inspiration and ideas, and 28% use them to coordinate plans or gifting, per a study conduct...
ETtech Explainer: Can premium beauty, quick commerce drive Nykaa's next phase of growth?In the June quarter, the company outlined plans to strengthen its premium beauty portfolio through acquisitions like Aminul, a D2C (direct-...
Construction qcomm outfit HomeRun raises $12 million from Nexus Venture Partners, othersHomeRun, the Bengaluru-based startup that specializes in quick delivery of construction and renovation materials, has successfully raised t...
Nykaa shares dip 3% despite multifold jump in Q1 profit; analysts weigh inNykaa operator FSN E-Commerce Ventures saw its shares fall despite a strong Q1 FY27 performance. Consolidated net profit more than tripled ...
They are Gen Z too: Sridhar Vembu praises two employees for working hard, saving money amid ongoing debate over youth protestsZoho founder Sridhar Vembu finds timeless values like hard work in Gen-Z employees. He notes these attitudes are not limited to any specifi...
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
India's beauty, personal care market seen at $39 billion by 2030: FlipkartIndia's beauty and personal care market is set for a significant surge, projected to hit $39 billion by 2030. Flipkart's report reveals a s...
Nykaa Q3 Results Preview: PAT to more than double on strong BPC growthNykaa Q3 Results Preview: Nykaa's Q3FY25 update forecasts 27% YoY revenue growth, driven by a strong performance in the BPC segment, with e...
Pure play brands to drive India's $30 billion beauty and personal care market opportunity: ReportIn comparison, China's BPC will grow 7% while Indonesia's market will expand 8%. India, that will account for nearly 5% of the global growt...
Premium beauty products’ demand to outpace mass segment: NykaaNykaa said that it has recorded $80 (about Rs 6,500) per customer spend in the BPC category in the past 12 months, which is significantly h...
Nykaa expects over 30% growth in FY23 revenue on better conversion ratesThe BPC business saw higher year-on-year growth rates in the March quarter compared to the year-on-year growth seen in the December quarter.