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THRASIO HOLDINGS
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...- Thrasio files for Chapter 11 in bid to restructure its debtThe company, a Amazon.com Inc. seller, initiated the process in New Jersey, according to a filing dated Feb. 28. It is seeking to pay emplo...
- Amazon aggregator Thrasio prepares for bankruptcy: reportThrasio has been advised by New York-based consulting firm AlixPartners in recent years and their retail turnaround professional Holly Etli...
- Sales grow quickest via q-commerce for packaged goods, RBI may regulate PoS playersHappy Friday. Packaged goods brands are riding the ultrafast delivery boom despite an overall slowdown in the sector due to the ongoing fun...
- Thrasio gives up control in India’s Lifelong, founders take 60% stakeThis move comes after the ecommerce rollup firm faced headwinds in the US.
- FirstCry subsidiary Globalbees signs pact to sell overseas brands in IndiaNitin Agarwal, cofounder and CEO of Globalbees, told ET in an interaction that the firm has signed up around 10 such brands, including Aust...
- Ashni Biyani's company to attempt Thrasio modelThink9 Consumer, a multi-brand platform promoted by Ashni Biyani, daughter of Future Group chairman Kishore Biyani, is in talks with close ...
- Marico to build Thrasio-style model to scale up D2C brandsThis is also part of a wider strategy by the consumer goods company to enter new segments, especially in the online space, and have higher ...
- Exclusive: NPCI to pick up stake in ONDC; gaming firms want ‘light touch’ rulesThe National Payments Corporation of India, which operates UPI, is set to acquire a 9-10% stake in ONDC in the next 10 days or so.
- Lenskart all set to close $250m roundValuation may hit $4.5-5b after financing that will include secondary share sale
- Thrasio set to rework India plans amid global rejigTharsio, which buys and scales brands which sell on Amazon, announced on Wednesday that its chief executive Carlos Cashman was being replac...
- Ecommerce startup Evenflow raises $5 million in funding from Village Global and othersEvenflow aims to develop over 20 such Indian brands over the next 12-18 months. The startup will use the funds raised in this fresh round t...
- Tesla reassigns India team; Thrasio may revisit India planWith its India employees in limbo, Tesla has now reassigned them to Asia-Pacific and other markets.
- GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
- Thrasio raises $1 billion in funding led by Silver LakeSilver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Managemen...
- Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
- 10club buys Skudgear, its second acquisition in less than a fortnightSkudgear is 10club's second acquisition after My NewBorn, a brand selling baby products on Amazon India. The Thrasio-style venture recently...
- 10club makes first acquisition with baby care brandBhavna Suresh, cofounder of 10club, told ET that as part of the acquisition, My NewBorn’s founders Rakesh and Abhishek Jain will join 10clu...
- Check, mateFrom Nikhil Kamath's Chess controversy to Glance buying Shop101 and Bitcoin jumps on another Musk tweet, here's a quick look at the top tec...
- Lucky 13From Moglix becoming India's latest startup unicorn to Flipkart eyeing a stake in former exec's venture and Clubhouse coming soon to India,...
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