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KIRANA CLUB ACQUISITION
Meesho block deal: SoftBank-backed entity likely to sell 1% stake worth Rs 1,174 croreSoftBank-backed SVF II Meerkat may sell a 1% stake in Meesho through a Rs 1,174 crore block deal. The development comes as Meesho reports n...- Gen Z brands are breaching the last citadel of legacy consumer firmsIndia's Gen Z and D2C brands are challenging FMCG giants like Hindustan Unilever, ITC and Marico by expanding into kirana stores. New-age b...
- Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
- Meesho CHRO Ashish Singh quits in second senior-level exitIn an internal note to employees, CEO Vidit Aatrey said Singh will remain through the transition period and help in finding his successor. ...
- Dealmaking stays strong as startup M&A momentum carries into 2026Indian startups are experiencing a surge in M&A exits, particularly in consumer, fintech, and ecommerce sectors, signalling a robust recove...
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...
- India presents a tough battleground for US consumer giant WalmartWalmart's Flipkart IPO faces delays amidst India's complex e-commerce regulations, potentially pushing it to 2026. Regulatory scrutiny targ...
- PhysicsWallah's mega funding; Kiranas vs quick commerceEdtech firm PhysicsWallah has raised $210 million at a $2.8-billion valuation. Details on this and more in today’s ETtech Top 5.
- Exclusive: Prosus CEO on Byju’s & more; Zepto's valuation popHappy Monday! The newly appointed CEO of tech investor Prosus and parent company Naspers, Fabricio Bloisi spoke to us about its Byju’s writ...
- Delhivery CEO on q-commerce & more; Rapido’s rising GMVHappy Friday! Delhivery’s CEO Sahil Barua spoke exclusively to ETtech about quick commerce and more. This and other big stories in today’s ...
- Paytm Money KYC process under review; Satya Nadella on India’s AI potentialThe customer verification process of Paytm Money, the wealth management entity run by Paytm’s parent One 97 Communications, is being audite...
- Delhivery net loss more than triples in Q1, Microsoft joins ONDCDelhivery, which went public in May, has reported a net loss of Rs 399 crore for the quarter ending June 30, more than tripling the Rs 130 ...
- Dubious loan apps are back; Reliance’s Grab.in joins ONDCThe recovery agents, having got hold of his contact list, also called his aunt and demanded that she coerce him to pay up. She was abused a...
- Digital rupee must be anonymous: Nilekani; why Polygon tapped top investorsDigital rupee must be anonymous to prevent the possibility of state surveillance, Nandan Nilekani says. Institutional heft and firepower we...
- Lawyer boards BharatPe; Livspace is 7th unicorn of 2022Ashneer Grover has already called current chief executive Suhail Sameer “spineless” and accused him of dancing to the board’s tunes. Now wi...
- Indian startups raised $36B in 2021; Reliance's epharma pushNew-age companies went public for the first time, nearly 40 unicorns were minted, and by the end, startups had raised a whopping $36 billio...
- Reliance recalibrating business across oil to retail chainTelecom tariff hikes, new product launches (eg non-grocery e-commerce) and a potential energy business stake sale can reverse the pullback ...
- Reliance almost doubles retail footprint with acquisition of Future GroupReliance Retail has also proposed to invest Rs 1,200 crore in FEL preferential equity (6.09% of post-merger equity of FEL) and Rs 1,600 cr ...
- Wal-e-Mart: How the world's largest retailer is shaping up its e-commerce strategy in IndiaA store, not open to the public, sheds light on how serious Walmart is about India. The decision to set it up was taken long before it boug...
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