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PICKRR FUNDING
Ananta Capital acquires majority stake in Rubans, one of India’s fastest-growing fashion jewellery brandAnanta Capital has invested in Fonte Fashions India, the parent company of Rubans. Rubans is a fast-growing fashion jewellery brand. Chinu ...- Zomato and Temasek-backed Shiprocket pre-files DRHP with Sebi for IPOShiprocket IPO: The proposed IPO is anticipated to be in the range of Rs 2,000 to Rs 2,500 crore, according to an earlier report by ET. It ...
- Ananta Capital Significant strategic investment in D2C sneaker brand, Bacca BucciAnanta Capital, backed by Mumbai's Taparia family, has invested in Bacca Bucci, a fast-growing Indian sneaker brand founded in 2013. This s...
- Japan's MUFG Bank, Koch Group seek CCI nod to acquire minority stakes in ShiprocketAccording to a notice, MUFG Bank, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc, has sought CCI nod for acquisition of a...
- Logistics company Shadowfax eyes Rs 3,000 crore IPOShadowfax Technologies, supported by Flipkart, prepared for an IPO aiming to raise Rs2,500-3,000 crore, seeking a valuation of Rs5,000-8,00...
- Tribe Capital’s new India investment vehicle to pump another $75 million in ShiprocketWill back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arj...
- Retail, fintech hit as startup funding dips 35% this year: Tracxn reportRetail and fintech sectors witnessed a fall of 57% and 41%, respectively, in amounts of funds raised in 2022, according to Tracxn’s India T...
- ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
- Shiprocket turns unicorn with $32 million fundingThis takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion ...
- Japan's Daiwa Securities-owned DC Advisory bolsters senior leadershipChiripal, who until recently was Spark Capital’s head of investment banking, will also be head of financial services and sponsor coverage, ...
- Avendus Future Leaders Fund buys stake in Xpressbees for Rs 195 croreThis is the sixth deal from the new Rs 1,500-crore fund II raised by Avendus in August 2021. So far, it has invested in companies such as S...
- RBI’s new mandate sparks confusion among fintechs; Foxconn may make EVs in IndiaThe regulator’s directive quickly sparked confusion and frustrations among fintech startups, which told us the RBI appears to be giving ban...
- Shiprocket takes majority stake in Pickrr in a $200 million deal, closing Shyplite buy tooZomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite...
- Logistics cos Delhivery, Ecom Express in tussle with aggregators over shipment ratesLast month, Delhivery, Ecom Express and Xpressbees simultaneously increased shipment prices for the aggregators for trying to poach their c...
- Ecommerce logistics firms Delhivery, Ecom Express, Xpressbees give aggregators a price shockCountry’s three largest ecommerce-focused delivery firms hike rates for aggregators by 35-40%.
- Instamojo partners with Shiprocket, iThink Logistics, others to assist SMEsThrough the partnership with logistic service providers, the company aims to bring various facilities such as shipping, inventory managemen...
- Pickrr gets $12-million funding from IIFL, Amicus Capital and othersFounded in 2015 by Ankit Kaushik, Rhitiman Majumder and Gaurav Mangla, Pickrr provides logistics and warehousing solutions to small and med...
- Swiss PE Firm Partners buys into Ecom ExpressWarburg Pincus, which currently has a controlling 75% stake in Ecom Express, will part-exit the company by selling half its holding
- Pickrr lands $4 million funding led by Guild Capital and Omidyar Network IndiaPickrr is an end-to-end plug-n-play logistics solution for ecommerce sellers and direct to consumer brands.
- TheBagTalk raises first round of institutional funding from Chinese investors, to set up shop in ChinaThe fund raise is a strategic exercise with the move opening up the Chinese as well as European markets for the company through an export c...
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