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THRASIO INDIA
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...
- 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...
- 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.
- Amazon brand aggregator Thrasio replaces Carlos Cashman with new CEO, may fire 20% staff: reportThrasio entered India in January through the acquisition of Lifelong India, it had announced plans to invest $500 million here
- Ecommerce roll-up firm Goat Brand Labs finalising $50 million financing through convertible debtSources said Goat is raising this round through convertible share warrants. This means incoming investors will be able to convert these war...
- Thrasio CEO calls India a big long-term bet, to invest $500 millionThrasio has made its first acquisition in India by purchasing a majority stake in consumer durables brand Lifelong. Lifelong cofounder Bhar...
- Exclusive: Thrasio’s $500M India bet; Pepperfry assembling IPOThrasio, which pioneered the house of brands model of ecommerce, plans to invest $500 million in India, and that’s just for starters. Peppe...
- GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
- 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...
- 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...
- Mensa Brands takes majority stake in 10 consumer brandsFive-month-old Mensa, which is trying to build a 'tech-led house of brands' has acquired anywhere between 51% and 75% in these brands and w...
- 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...
- UpScalio raises $42.5 million in fundingA consortium of lenders, including freshly minted unicorn OfBusiness, Innoven Capital, and Alteria Capital, have also committed capital to ...
- GlobalBees, a Thrasio-style investment platform, raises $150 millionGlobalBees’ funding round, the biggest for a Thrasio-style startup in India, was led by FirstCry and some of its investors and included Lig...
- Tiger Global, Flipkart to back Rishi Vasudev’s new Thrasio-style ventureGoat Brands Labs, a Thrasio-style venture of former Flipkart executive Rishi Vasudev for online fashion retail, plans to raise about $20 mi...
- ETtech Exclusive: FirstCry to launch $75-million Thrasio-style investment ventureThe country's largest venture will have capital committed by SoftBank , TPG and Premji Invest
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