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MEDIKABAZAAR FOUNDER
L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
Medikabazaar made full turnaround by Q2, on right track now: CEOMedikabazaar has achieved a significant turnaround, becoming EBITDA-positive in Q2 FY25 with a top line of Rs 580 crore, marking a shift fr...
Delhi Police register FIR against Medikabazaar’s co-founder Vivek TiwariDelhi Police's Economic Offences Wing has filed an FIR against Medikabazaar's co-founder, Vivek Tiwari, for alleged financial irregularitie...
BluSmart bust makes investors rewrite the fine printFollowing financial irregularities at Gensol Engineering and BluSmart, investors are tightening investment contract terms. Lawyers indicate...
UPI market share cap hurdle for PhonePe; Small is big for BlinkitPhonePe CEO Sameer Nigam said the 30% market share cap on Unified Payment Interface is a hurdle for its IPO plans. This and more in today’s...
Medikabazaar appoints Dinesh Lodha as new CEO amid leadership changesDinesh Lodha comes in place of Vivek Tiwari, the company’s cofounder who stepped down from the CEO’s position in the backdrop of the compan...
Top startup and tech stories this weekETtech Unwrapped is packed with the most important stories that we covered this week. Here’s a quick recap.
Financial audit, top-deck rejig at Medikabazaar; GCCs woo more techiesA financial audit and top-level reshuffle are in the works at business-to-business (B2B) startup for medical supplies Medikabazaar. Details...
CTOs in limelight as India Inc scrambles to navigate rapid digitalisationCompanies across sectors, from startups and banking, financial services and insurance to technology, conglomerates, manufacturing and healt...
Medikabazaar looks to raise up to $200 mn for expansionIf the proposed fundraise materialises, Medikabazaar will possibly enter unicorn club, or $1-billion valuation. Medikabazaar in April 2022 ...
Creaegis closes maiden fund at $426 millionFounded by former Premji Invest managing partner and chief investment officer (CIO) Prakash Parthasarathy, the fund is expected to be large...
Pharma companies are now busy adding capacities and seeing a surge in demand for non-Covid drugsIndian drug manufacturers launch 300-350 new brands (mostly repurposed or combinations of two earlier drugs) every year. This had slowed do...
Exclusive: Medikabazaar raises $65 million in funding led by Lighthouse India FundLighthouse, an investor in Nykaa, Bikaji Foods and Duroflex, has brought in $30 million, with the rest coming from existing investors such ...
Rapid digitalisation drives B2B ecommerce during pandemicAs traditional supply chains that served Indian businesses dried up amid Covid-imposed restrictions, well-capitalised B2B ecommerce players...
Medikabazaar gets $75 million funding from Creaegis, CDC Group, othersThe company will use the funds to strengthen its digital capabilities, deepen the supply ecosystem and technology driven distribution chann...
Startup crowd finds its mojo back in officeMany said the brainstorming and collaborative culture typical to a startup can only flourish in person.
Coronavirus terror in India: Sanitisers, masks sold out, prices peakAs Covid-19 patients continue to rise in India, some retailers and mask manufacturers are cashing in on the virus terror by jacking up pric...
Regular archery sessions help Medikabazaar founder keep track of his goalsFollowing strict diet and doing yoga helps Vivek Tiwari keep body, mind, soul together.
Never too late: Senior crop of founders tastes successVeteran IT professional Anjani Mandal, who is in his fifties, went through numerous industry cycles before co-founding logistics tech platf...
Startups: The latest story of India's new economy and its key playersIndia's startup domain is beginning to moult. Risks are better understood, founders focus on unit economics. The men are finally being sepa...