This funding comes after the company raised $48 million in February at a valuation of around $500 million. That round was led by Japan-base...

Bengaluru-based Licious attributed the revenue drop to the closure of distribution channels, especially Dunzo, along with a reduction in ex...

D2C (direct-to-consumer) companies in Bengaluru are increasing their offline presence and hiring talent to support their brick-and-mortar e...

Licious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy....

Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in...

Startup funding in the third week of February 2024 rose by about 77% from the same week a year ago, totaling $143.6 million across 21 diffe...

Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Ca...

The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...

Investments in startups in the first week of 2024 dropped by about 88% from the same period a year ago, totalling $35.8 million across eigh...

The funding was done through an issue of 1,102 convertible preference shares at a price of over Rs 9 lakh each, the firm said in a filing w...

The potential from low online penetration and lack of organisation has seen marquee investors such as Temasek, Prosus, Tiger Global, 3one4 ...

Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials...

Investcorp aims to more than double its private equity investments in India over the next few years and is currently looking to raise new c...

In this week’s ETtech Deals Digest: Online meat vendor Licious raises $19 million in a Series F round; Green grocer Fraazo receives $15 mil...

The Temasek-backed SE Asia and India-focused fund is targeting a hard cap of $280 million for its latest fund.

The startup plans to have 8-10 delivery hubs in Bengaluru, up from two now, before expanding its operations to Delhi and Mumbai next year, ...

The online site and app will come with an integrated online payment component capability, fitting in with the brand’s larger expansion plan...