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SECRET ALCHEMIST FUNDING
Fragrance cos attract funds; fintechs up marketing gameHappy Monday! Several early-stage fragrance companies are in talks for fresh funding. This and more in today’s ETtech Morning Dispatch.- Investors catch a big whiff of money in D2C fragrance firmsIndia’s direct-to-consumer (D2C) fragrance and deodorant sector is seeing early signs of a funding boom, with venture capital firms negotia...
- End of Q-Comm's 10-min era; Google meets SiriBlinkit drops “10-minute delivery” claim after labour ministry intervention. This and more in today's ETtech Top 5.
- Actress Samantha Prabhu’s perfume brand Secret Alchemist secures $3 million from Unilever Ventures, othersThe round was a mix of primary and secondary capital. Of the total amount, $2.5 million was primary capital and the remainder was secondary...
- Alchemy in the time of Covid: How a potential cure is the latter-day ‘elixir of life’There are reportedly over 140 formulations currently undergoing trials at various levels. Governments and foundations have ploughed in bill...
- The trashing of quant funds may not be temporary“Quant” funds now have over $1.5 trillion under management.
- Bernanke's decision on QE a short-term good for India, but steps to shield economy still requiredWhat countries such as India must bear in mind is that Fed's announcement may just delay the day of reckoning, not prevent it.
- Raghuram Rajan in a position to do a lot of good for Indian economy: Neil Irwin, author of The AlchemistsNeil Irwin notes that there is great interest in what Raghuram Rajan does to try to guide the Indian economy out of trouble.
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