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BIGBASKET FOUNDERS EXIT
Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...- India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
- BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
- Founder exits loom over BigBasket, 1mg as Tata Digital reset continuesBigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and G...
- Tata Digital readies for major job cuts at ecommerce platform Neu under new CEOTata Digital is undergoing its third major strategy overhaul, led by new CEO Sajith Sivanandan, who is shifting the company from a “do-ever...
- Change of Cart: Tata plans CEO change at BigBasketBigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know tell us. Going forward, he may ta...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- BigBasket founders plan to step back; CEO Hari Menon prepares succession amid Tata Group’s quick commerce pushBigBasket founders, including CEO Hari Menon, are preparing to transition into mentoring roles as Tata Group seeks a new leader to sharpen ...
- Tata Digital rolls out Esops for its senior execs to push performanceTata Digital has launched a new employee stock option plan (Esop) for the top deck under chief executive Naveen Tahilyani amid significant ...
- After Tata acquisition, BigBasket wants to go big on express deliveriesAccording to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few mon...
- BigBasket gets first tranche of Tata cash at $2 billion valuationAdditionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online grocery, whose largest shareholders...
- Grocery warsFrom Tata-BigBasket deal, to Facebook blocking anti-Modi hashtag 'by mistake' and Udaan announcing a share buyback, here's a quick look at ...
- Deal with itIn today's ETtech Morning Dispatch: Tata-BigBasket deal; Byju's may land new funds; and GreyOrange eyes US listing.
- Tata Group inks $1.2 billion deal to buy majority stake in BigBasketThe Tata-BigBasket deal will see a $200-250 million primary cash infusion in India's largest online grocery. Tata plans to take BigBasket p...
- Tata closes in on BigBasket, 1mg to power super app planThe cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery fi...
- Alibaba all set to put $300 million in BigBasketThe deal price was expected to be about $200 mn. This has since increased as BigBasket looks to build a bigger war chest to compete with US...
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