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BPC TECHNOLOGIES
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...- The rise of AI in financial services; analysts split on IT’s futureHappy Thursday! Financial services firms are increasingly adopting AI. This and more in today's ETtech Morning Dispatch.
- New brands arrive in style, give older peers a scareInsurgent brands, launched in the last decade, now control 6% of the consumer goods and lifestyle market, growing fivefold in five years to...
- Beauty tech startup Kult raises $20 million from M3M Family Office, other investorsBeauty-tech platform Kult has raised Rs 170 crore in Series A funding led by the M3M Family Office. Founded by Karishma Singh and Ruchika P...
- Cosmetics to get a quality brushup for importsThe Indian government is considering implementing stricter quality norms to curb the import of substandard beauty products. Consultations a...
- Mamaearth parent ropes in Lokesh Chhaparwal to lead tech and engineeringChhaparwal joins Honasa with over 13 years of experience in product engineering, data strategy, and innovation. Prior to this role, Lokesh ...
- Beauty secrets: Inside India's booming beauty industry that relies on hundreds of contract manufacturersNishit Dedhia, the MD and cofounder of Kain Cosmeceuticals, is leading a tour of his cosmetics manufacturing facility in Khopoli, Maharasht...
- Nykaa appoints Santosh Desai as independent directorSantosh Desai previously served as the CEO of business consulting company Future Brands for nearly 17 years, and also as president of adver...
- Agri-focussed fintech Ayekart secures $6.5 million in equity funding from Omnivore, othersAgritech financing startup Ayekart raised $6.5M in series A round led by Omnivore, Siana Capital, and Unleash Capital Partners. Ayekart aim...
- Cracking the code: Charting the consumer landscape of IndiaIndia’s consumer tech sector stood at $100 billion in FY-22, something that is expected to go up to $300 billion by 2027, growing at an ann...
- HUL ropes in former Revenue secretary Tarun Bajaj as independent director; rejigs management committeeHUL also announced key changes and appointments to its management committee (MC), deepening the focus in the Beauty and Personal Care (BPC)...
- Nykaa Q2FY24 updates: Net sales seen in mid twenties, revenue in early twenties. Stock up 3%Both the net profit and revenue for the reporting quarter are expected to remain same on the sequential basis, the filing said.
- Nykaa AGM: CEO Falguni Nayar sees India's rise as third largest consumer market globally by 2030India's entrepreneurial spirit, as well as young and aspirational population makes it the "best place" to build consumer focused businesses...
- Nykaa AGM: CEO Falguni Nayar sees India's rise as third largest consumer market globally by 2030India's entrepreneurial spirit, as well as young and aspirational population makes it the "best place" to build consumer focused businesses...
- Nykaa Q1 profit up 8%, revenue jumps 24%; Backing Rahul Yadav's 4B Networks a mistake: Info EdgeOnline fashion retailer Nykaa’s parent firm posted a 8% jump in net profit to Rs 5.4 crore for the April-June quarter, while operating reve...
- Nykaa positioned for festive cheer; 31% upside likely, says this brokerNykaa Fashion is only gaining market share slowly, it said, adding that Nykaa BPC will continue dominating the competitive landscape and di...
- Singapore FMCG major Believe invests $8 million in ecommerce startup OhsogoThe ecommerce platform aims to disrupt the online beauty and skincare space in Bangladesh.
- Smart city payment system O-CITY joins Visa Ready for transit programVisa Ready is a technology program designed to facilitate automated fare collection in transit systems.
- AppViewX plans to hire 300 people in India, expand operationsAppViewX’s focus on product innovation will help speed up its global expansion plans and help “establish the company as the most advanced c...
- BPC Technologies launches Safal Fasal, digital platform for farmersFintech service provider BPC Banking Technologies on Wednesday launched Safal Faisal, a digital platform with an aim to give small and marg...
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