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MYNTRA FUNDING NEWS
Flipkart’s fast lane frenzy; Zomato’s going EternalHappy Friday! Flipkart is doubling down on its quick commerce play ahead of its flagship Big Billion Days event. This and more in today’s E...
Bluestone IPO update; India’s GCC expansionHappy Friday! Jewellery retailer Bluestone’s board has approved its initial public offering plan. This and more in today’s ETtech Morning D...
Food delivery cos bet on existing users; Infosys CEO interviewHappy Tuesday! With user growth stagnating, Zomato and Swiggy are prodding existing customers to order more. This and more in today’s ETtec...
Footwear brand Inc.5 raises maiden institutional funding of $10 millionLegacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based ventu...
Nikhil Kamath starts ‘WTF Fund’ for young entrepreneurs in beauty, fashion sectorsThrough this initiative, Kamath aims to support students with entrepreneurial ambitions through funding and mentorship.
Credit card rule change: Axis Bank cuts cashback, rewards on Flipkart Axis Bank credit card from this dateStarting from August 12, 2023 the Axis Bank has reduced select cashback and reward points on Flipkart Axis Bank credit cards. Here is all y...
Nykaa Q4 net profit plunges 72%; Centre to regulate high-risk data fiduciaries closelyFSN E-commerce Ventures, the parent entity of omnichannel fashion platform Nykaa, has reported a major decline in its fourth-quarter (Q4) n...
Chasm grows between Indian startups & internet body IAMAI; IT firms look to boost utilisation levels for better marginsIndian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. Th...
Zomato and Blinkit will soon be one; Myntra plans live-commerce blitzkriegZomato, which owns about 10% of Blinkit, would look to get a foothold in India's buzzy quick commerce segment post the acquisition.
Text Mercato raises $2.6 million in pre-Series A funding roundThe company, which offers content writing and cataloguing services through a suite of AI products, previously raised over $1 million.
Former Myntra CFO Ramesh Bafna frontrunner to be new Zilingo CEOThis comes at a time when the Zilingo's board is thinking about removing cofounder and CEO Ankiti Bose, who is presently suspended from the...
GlobalBees, a Thrasio-style investment platform, raises $150 millionGlobalBees’ funding round, the biggest for a Thrasio-style startup in India, was led by FirstCry and some of its investors and included Lig...
Valuation seesaw at Flipkart; one investor prices share higher, while other marks it downThe repeated markdown of Flipkart shares by its investors has put the valuation tag of $15.2 billion for India’s largest online retailer in...
Shopalyst gets Rs 13 crore in venture capital funding from Kalaari CapitalShopalyst, a 16-month-old startup founded by four veterans from Infosys and currently in beta testing phase, has raised $2 million from Kal...
Freshdesk plans for IPO, readies for mobile eraWhile ecommerce firms like Flipkart and Snapdeal have been talking IPOs since last year, enterprise startups, the ones that sell technology...
Better India raises Rs 1 crore fundingBangalore-based The Better India, a news startup, today said it has raised Rs 1 crore from Intellecap Impact Investment Network (I3N or I-c...
Ecommerce venture Myntra acquires SherSingh and ExclusivelyOnline fashion retailer Myntra has acquired online private label retailer Sher Singh and Exclusively.in, which target the non-resident Indi...