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MyFitness forays into UAE's Rs 2,000 crore peanut butter marketBRND.ME has launched its popular Indian peanut butter brand MyFitness in the UAE. The brand has already seen significant initial sales. BRN...- SaaS startup Increff raises $12 million led by TVS Capital FundsThe capital raised will also be invested in adding visionary products, and services, to Increff's portfolio for supply chain optimization, ...
- YC backed Better Opinions raises over $1 million in pre-seed round from Java Capital and Soma CapitalBetter Opinions is an event trading platform that allows users to trade their opinions on events in several categories such as cricket, foo...
- Japan’s TechnoPro buys Robosoft for ₹805 croreJapanese technology-focused staffing and services firm TechnoPro Holdings has bought Udupi-based digital transformation solutions provider ...
- Japan’s TechnoPro acquires Udupi-based Robosoft for Rs 805 croreStarted in 1996 in the coastal town of Udupi, Robosoft counts Apple Inc. as its first customer and has built mobile apps for a slew of top ...
- High Street Essentials raises Rs 25.5 crore led by existing investorsThe deal values the omnichannel women’s fashion retailer at around $75 million
- Startups Look At Dubai As Its E-Commerce Platform Balloons
- Myntra enters Middle East market to cater to matching need for WFH wear amid Covid pandemicThis move comes a year after Myntra conducted a short-term pilot with Walmart Canada to test the international waters.
- Rocket's GFG raises $33 million amid Jabong sale talksExisting investors Kinnevik, Rocket Internet and Rocket Internet Capital Partners have participated in this round, the company said in asta...
- Jabong parent secures 300 mn euro fundingGlobal Fashion Group (GFG), parent company of online fashion portal Jabong, has secured a funding of 300 million euros (about Rs 2,282 cror...
- Jabong parent, GFG, raises EUR 300 million in fresh funding; Valuation plummetsPost the July 2015 round of funding, Kinnevik had increased its ownership in GFG to over 25%, while Rocket Internet's stake had come down t...
- Jabong gets $20 million to stay afloat for one more yearAccording to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...
- Major fire breaks out at Jabong’s largest warehouseSources said about 20 fire vans and water tankers were pressed into service to douse the flames in the warehouse located in Pataudi outside...
- GMV concept makes no sense & is used by ecommerce players like Flipkart, Amazon to justify valuations: Jabong's CFOWhile India’s brick-and-mortar retailers have criticised the GMV methodology, this is the first time that an online peer has questioned the...
- Nils Chrestin to run the show at Jabong as founders Arun Mohan and Praveen Sinha move outNils Chrestin, of Global Fashion Group, is running the show at Jabong as its CEO Arun Chandra Mohan has quit and MD Praveen Sinha is on his...
- Startups pin hope on Middle East's potential to foster cross-border operationsIndians, who make up about 30% of the 50 million population in the Gulf region, are at the forefront of this.
- In search of fresh leadership at its Indian firms, Rocket Internet now shifting Jabong CEO and MD to new rolesRocket Internet is shaking things up yet again at its Indian companies as it looks for fresh leadership to lift performance.
- Jabong Sees Global Fashion Group clearing its path to profitability"We are focussing on improving our company’s growth year after year, and GFG is a strong strategic move in this direction," he told ETRetai...
- Jabong will not switch to app-only mode, website will remain openJabong. com will not opt for the app-only mode even as rival Myntra abandons its website to sell everything only through apps starting this...
- Rocket Internet to merge Jabong with four global e-Commerce firmsThe deal is expected to close later in the year. GFG will focus on growth markets, covering 23 countries with a EUR 330 billion fashion mar...
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