ETtech Explainer: Why is Meesho building a low-cost logistics network for grocery?Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard to scale and incurred high cash b...
- D2C activewear brand BlissClub raises Rs 160 crore funding led by Singularity
Founded in 2020, BlissClub started as a women's activewear brand before expanding into a broader omnichannel athleisure business. The compa...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
Meta apologises over lapses; Ola Electric shares surgeMeta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5.
Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock fallsFollowing the stake sale, Meesho's shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (...
Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake salePeak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its...
Nifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top betsNifty companies have posted a stronger-than-expected start to Q1 earnings, with profits of 39 reporting constituents rising 11% YoY, beatin...
Gig workers welfare law: Karnataka HC issues notice to centre, state; extends relief to UberThe court also extended to Uber the protection granted under its July 3 interim order, which restrained the state government from initiatin...
Meesho shares can rally to Rs 240? Why Motilal Oswal initiated coverage on the platform stockMotilal Oswal has begun coverage on Meesho, awarding it a buy rating along with a target price indicating strong potential. The brokerage b...
Buy, Sell or Hold? Citi maintains buy on Meesho; Elara Capital recommends buy on Vishal Mega MartBrokerages issued fresh post-earnings calls on three stocks. Citi raised its Meesho target to Rs 220 (17% upside) based on strong pricing p...
Meesho cracks 5% as weak Q2 outlook spooks Street; Citi, Morgan Stanley reactMeesho shares fell after the company warned of slower NMV growth in the September quarter due to the rescheduling of its flagship festive s...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Smaller stocks gain ground as largecaps lose market shareLarge-cap stocks have seen their market share decline over six years. Mid, small, and micro-cap stocks have gained significant ground durin...
Stocks in news: Infosys, Cipla, Meesho, Suzlon Energy, IndiGo, NTPCMarkets extended their losing streak for a fourth consecutive session. Infosys reported a 12% year-on-year profit growth in its first quart...
Meesho expects slower Q2 growth, to raise festive marketing spendMeesho anticipates slower net merchandise value growth this quarter. The company plans increased spending to acquire new users before the f...
Meesho Q1 Results: Loss narrows to Rs 133 crore; marketplace revenue rises 48%Meesho narrowed its June-quarter loss to Rs 133 crore as marketplace revenue surged 48% and user engagement strengthened. Better delivery c...
Stocks in news: Infosys, IndusInd Bank, Eternal, Adani Green, Dr Reddy'sIndian markets experienced a decline on Wednesday due to global and geopolitical concerns. IndusInd Bank reported a significant profit incr...