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Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.- Lifestyle accessories brand DailyObjects in talks to close Rs 300 crore fundingLifestyle accessories brand DailyObjects is in advanced talks to secure Rs 300 crore in a funding round led by Xponentia Capital, valuing t...
- Insolvency plea filed against FirstCry subsidiary GlobalBeesIn an exchange filing, BrainBees Solutions, parent company of FirstCry, said that Ashutosh Garg, Paritosh Garg and Manju Agarwal have petit...
- GlobalBees CEO Nitin Agarwal resigns; Anuj Jain to take overNitin Agarwal, CEO of FirstCry’s house of brands arm GlobalBees, has resigned citing personal reasons, according to a stock exchange filing...
- House of cards: Roll-up ecommerce model stumbles as founders reclaim brands amid funding strugglesOvervalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original ...
- Roll-up brands firm Goat Brand Labs raises $21 million in a mix of debt and equityBlackRock, Mayfield, and NB Ventures, among others, chipped in, while some existing investors like Flipkart’s venture arm stayed away. Foun...
- Ecommerce roll-up companies pause brand buyouts, seek funds for survivalSmaller startups in the ecommerce roll-up space like 10club and Upscalio have either pivoted or are looking to be acquired while bigger riv...
- D2C startup 10club appoints Kavitha Rao as COO & cofounderKavitha Rao would spearhead its retail operations across both online and physical channels, while also shaping the firm’s category roadmap ...
- Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 timesRoll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total ...
- Thrasio gives up control in India’s Lifelong, founders take 60% stakeThis move comes after the ecommerce rollup firm faced headwinds in the US.
- Mensa buys MensXP, iDiva and Hypp from Times Internet for undisclosed sumMensa Brands has acquired online lifestyle publications MensXP and iDiva, and influencer marketing management firm Hypp from Times Internet...
- SaaS-Major Unicommerce signs up India’s Top 7 Roll-up firms
- Shake-up looms as funding party ends for roll-up ecommerce modelWill a duopoly with two of the players, Mensa and GlobalBees, taking a disproportionate share of capital lead to a major consolidation in t...
- Ecommerce rollup platform Evenflow Brands closes four acquisitionsEvenflow has acquired all these brands at an upfront amount basis EBITDA multiple valuations and performance earn-outs spread over three ye...
- Evenflow partners logistics startup Shiprocket for supply chain at scaleEvenflow aggregates third-party sellers on e-commerce platforms like Amazon and Flipkart. It acquires online marketplace sellers in the ran...
- Mensa turns unicorn in six months; rollup ecommerce explainedMensa Brands, the brand aggregator and rollup firm founded by former Myntra CEO and Medlife cofounder Ananth Narayanan, is the latest start...
- Rollup ecommerce: an idea whose time has comeThe largest acquirer of Amazon businesses and one of the top 25 sellers on Amazon, three-year-old Thrasio is credited with creating a whole...
- Evenflow acquires Chennai-based online sustainable brand RusablFounded by former Uber executive Utsav Agarwal in 2021, Evenflow aggregates third-party sellers on e-commerce platforms like Flipkart and A...
- Thrasio-style e-com company, Powerhouse91 raises undisclosed funding from marquee global investorsThe funding also included participation from Maninder Gulati, the Global Chief Strategy Officer of OYO, and Haresh Chawla, Partner at True ...
- How can roll-up e-commerce companies help create the next wave of growth in e-commerce?E-commerce roll-up companies acquire, consolidate and operate multiple e-commerce brands simultaneously.
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