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L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.- Dhan parent Raise Securities posts Rs 905 crore revenue, profit down 20% in FY26The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in FY25. The rating agency attributed ...
- Dhan parent enters insurance broking with GreenLife Insurance acquisitionRaise Financial, parent of stock trading platform Dhan, has acquired GreenLife Insurance for approximately $15 million in a cash and stock ...
- M2P Fintech appoints Vivek Seshadri as CFO, begins IPO groundworkFintech startup M2P Fintech has appointed Vivek Seshadri as its group chief financial officer to drive capital discipline and strengthen in...
- BharatPe cofounder Shashvat Nakrani steps down as COO, to remain a directorNakrani said he will move from a day-to-day role to a strategic advisor and board director from May 1, continuing to guide fundraising, IPO...
- Specialty coffee brand First Coffee raises $1.2 million funding led by BeenextThe funds will be used to support the company’s expansion to more locations across the country, along with investments in hiring and market...
- Payment solutions provider PhiCommerce raises $10 million in round led by BeenextHero Choudhary, managing partner at Beenext, says the fintech is aiming to replicate its success on a global scale
- TReDS platform M1xchange gets Rs 38 crore funding from IndiaMART, BEENEXTTReDS came alive under the Reserve Bank of India's guidance with the intent to remove constraints MSMEs face in obtaining adequate finance,...
- Crypto tracking startup Binocs raises $4 million in funding led by BeenextBinocs, which is planning to launch its platform in the US, UK, South Africa, and Australia, will use the funds towards the expansion of it...
- VC fund Beenext tells startup founders how to adapt to the funding winterBeenext has asked all founders to work together with their existing shareholders, revise budgets across marketing and headcount, while chec...
- IndiaFilings closes $4.3 million in secondary share sale to BeeNext, Udtara VenturesThe bootstrapped company saw its promoters and early angels partially sell shares to the incoming investors.
- ShopSe raises Rs 40 crore led by Chiratae Ventures, BeeNextThe PoS startup specialises in providing a common digital platform between lenders and retailers for customers making point purchases at st...
- BEENEXT appoints Hero Choudhary as Managing PartnerThe Singapore-based firm has also appointed Faiz Rahman as its new partner for Indonesia Investments.
- Phi Commerce raises $4 million in Series-A funding roundPhi Commerce, a digital payments firm, will use the funding from investors Beenext and Yatra Angel Network to bolster its product offering ...
- Beenext closes of two new VC funds; Indian startups to get one-third from $160 million corpusBeenos has backed a number of high-profile ventures like online auto marketplace and services firm Droom, realty portal NoBroker and fashio...
- Fintech company YAP raises $ 4.5 millionThe funds will be used to strengthen the team, build technology and offer enhanced API products to financial services companies with a spec...
- Open raises $5 million in Series A fundingOpen, which caters to SMEs in the B2B space and in the trading sector, helps automate business payments.
- Revv raises Rs 100 crore in fresh funding, Hyundai among investorsRevv's existing investors Edelweiss and Beenext also participated in the Series B round, along with new investors Dream Incubator, Sunjay K...
- Voonik hopes to be EBITDA profitable by year endThe company has also claimed that it has already achieved a GMV of $90 million for FY17 and has clocked revenue of Rs 116 crore so far whic...
- Thailand-based e-commerce startup Zilingo bags $8-million in Series-A fundingApart from Sequoia, Venturra and SIG, others such as Beenext, Wavemaker Partners, Beenos and Digital Garage also participated in Zilingo’s ...
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