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This Indian craft beer maker is betting on a $70 million beer factory to take on global brewsB9 Beverages Ltd, supported by Kirin Holdings, aims to surpass global beer brands by building India’s largest beer factory for $70 million....
Didn’t want my legacy to be defined by one company: Instacart founder Apoorva MehtaApoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the company’s board, still owns the largest stake in the fir...
Revlon to double business in current fiscal in India; to open 300 more outletsRevlon, the renowned beauty and cosmetics brand operating in India through its local partner Modi-Mundipharma Beauty Products, is set to do...
Arvind Fashions to sell Sephora retail division to Ambani's RelianceArvind Fashions will sell its beauty brands division, which includes Sephora products, to Reliance Retail for Rs 99 crore ($11.89 million)....
Sam Bankman-Fried's wild rise and abrupt crashAfter a speedy trial in Manhattan federal court, the onetime crypto king, now 31, was convicted on Thursday of seven counts of fraud and co...
Revenue-based financing platform Klub closes Rs 200 crore maiden fundSequoia Capital-backed Klub is a Sebi-registered Category II Alternative Investment Fund, it aims to accelerate disbursements across growth...
Deepinder Goyal interview; Ant Group may sell Rs 5,000 cr of Paytm stakeToday we bring you the last in the series of interviews we've been publishing over the past month with all the winners of The Economic Time...
Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
Sequoia-backed beer maker Bira 91 plans fifth brewery before IPOKnown for its cartoon punk monkey mascot and backed by Sequoia Capital and Japanese beverage firm Kirin Holdings Co., B9 has tapped investo...
Lightspeed Venture Partners expands to Southeast Asia, sets up regional office in SingaporeLightspeed, which manages over $10 billion of committed capital, is also setting up a dedicated investment team for the region, which inclu...
VC investors make a beeline to SingaporeIndia continues to be the core focus area for most of these fund managers, but they do not want to lose out on opportunities in SE Asia, pa...
Rs 20 insurance to help Indian payment firm double revenueMobiKwik offers personal loans of Rs 2,000- Rs 100,000 at interest rates of 20-28% over three to 12 months.
Zilingo raises $226 million in latest funding round; On the cusp of Unicorn statusZilingo is to use part of the proceeds to further build out its brand, and push its software play across the supply chain.
How SoftBank woos and wins Indian startups with big bucksThis is the first time Ola’s early investors would be selling their shares to other entities and Aggarwal wants to own the highest voting r...
Zilingo raises $54 million for Southeast Asia battleZilingo, which has about 10,000 small fashion sellers selling through its platform, will use the funds to expand into new markets such as M...
Advent International picks up minority shares of unlisted financial services group ASK FinancialsAdvent International has pipped other buyout funds such as KKR, Apax and Blackstone to enter exclusivity, said the third person with direct...
PepperTap close to raising $50 million; Snapdeal to investThe decision to invest also comes at a time when Snapdeal is making an ambitious bid to build a complete ecommerce-focused ecosystem.
Why edtech startups like Vedantu will be the next to top the classEducation technology companies like Vedantu seem to have graduated to the next level, and are using new technologies to disrupt the way.
Punj Lloyd set to exit Medanta Medicity, in talks to sell 17% to TemasekTemasek is negotiating with Atul Punj’s flagship Punj Lloyd to buy its minority stake in super specialty hospital Medanta Medicity
Druva: Startup by IITians sells data security software to NASA, Pfizer and Louis VuittonWorking out of Pune, the three engineers have since successfully built a data security and retrieval software company.