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CUREFOODS FINANCIAL PERFORMANCE
Snapdeal parent AceVector gets Sebi nod for IPOAceVector had filed its draft red herring prospectus under Sebi's confidential route in July. Besides Snapdeal, the company also owns ecomm...- Mid-sized consumer brands like Wingreens, Wow! Momo, Curefoods eye PE funding amid revival in investor interestAmidst a flourishing economy, numerous Indian consumer brands are on the hunt for capital, showcasing a notable uptick in fundraising effor...
- Trump’s dual shocks thwart bets on Indian stock market reboundDonald Trump's recent actions, including H-1B visa changes and pharmaceutical tariffs, have dealt a significant blow to Indian stock market...
- Rebel Foods explores stake sale in premium chocolate brand SmoorRebel Foods is reportedly considering selling its stake in Smoor due to underperformance, particularly in key markets. This move comes as R...
- Nykaa block deal; VC funding reportOne of Nykaa’s early investors is offloading a part of his stake through a $150-million block deal. This and more in today's ETtech Top 5.
- Gujarat-based German Green Steel and Power files DRHP with Sebi for Rs 450 crore IPOGerman Green Steel and Power filed for a Rs 450 crore IPO to fund expansion, repay debt, and support operations. The Gujarat-based firm foc...
- Swiggy’s stock slump; SoftBank’s first profit in 4 yearsSwiggy shares are in for a volatile run on the bourses as the lock-in period for pre-IPO investors expired on Monday. This and more in toda...
- Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
- Cloud kitchen firms cut losses to cook up healthy numbersIndia's cloud kitchen startups achieved revenue growth and reduced losses in FY24 by managing expenses. However, high inflation may impact ...
- Byju’s rights issue at $500 million valuation; what’s hurting cloud kitchens?Happy Wednesday! Beleaguered edtech major Byju’s finally filed its much-delayed audited FY22 results with the Registrar of Companies. It’s ...
- Wary VCs go slow on startup deals, step up diligenceAggregate venture funding fell to $2.19 billion during January-March 2023 dropping from the $11.34 billion invested in the same quarter las...
- Byju’s lenders seek $200 million loan prepayment; government notifies online gaming rulesEdtech major Byju's lenders have sought up to $200 million in prepayment along with a higher interest rate to restructure its $1.2 billion ...
- AM Scoop: Binny Bansal eyes $100 -150 million stake in PhonePe; draft Digital India Bill to be ready by JulyIt’s Friday and we are breaking a big story as we roll into the weekend. Flipkart cofounder Binny Bansal is eyeing an over $100 million sta...
- Ola to sack 1,000 workers; Aarogya Setu data protocols were discontinued in MayThe restructuring exercise – which is expected to last a few more weeks – is aimed at increasing Ola’s focus on its electric mobility busin...
- Another crypto firm freezes withdrawals; Byju’s says Aakash payments doneThe Singapore-based crypto platform Vauld said earlier today it has frozen withdrawals and trading
- Can Bitcoin save Russia from sanctions?Crucially, though, Biden said the measures would not extend to cutting Russia off from the SWIFT network — a payments system used across th...
- Do reconsider, Amazon tells FRL directors; data bill waivers worry IT firmsAmazon India has shot off another letter to Future Retail’s independent directors after they rejected the US-based etailer’s bailout offer ...
- When startup founders lose the plotToday on Unwrapped we look back at a few startup founders whose words and actions came back to haunt them — Ashneer Grover of BharatPe, Vis...
- Latest Flipkart financials; SBI puts $20M in Pine LabsTwo key units of Flipkart's India business reported strong revenue growth in FY21, according to regulatory filings sourced from Tofler.
- Bollywood & cricket kindle NFT fire; IT firms go all out to retain talentNon-fungible tokens have been all the rage this year, but sales have been slow in India.
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