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THRASIO BUSINESS MODEL
Lenskart all set to close $250m roundValuation may hit $4.5-5b after financing that will include secondary share sale30 Jun, 2022, 10.25 PM IST- 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 here03 May, 2022, 11.36 AM IST
- Buying brands is the easy part, running and growing them is relatively complex: Powerhouse91The multiple to buy the brands has been increasing constantly, thereby, making the buy approach financially unfeasible in some cases.30 Apr, 2022, 01.56 PM IST
- 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...14 Jan, 2022, 09.41 AM IST
- 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...14 Jan, 2022, 06.46 AM IST
- Curefoods gets $62 million funding to double down on multi-brand playCurefoods The wants to create a multi-brand, Thrasio-like play by acquiring, incubating and licensing other food brands. It already has 20 ...13 Jan, 2022, 04.30 AM IST
- GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.28 Dec, 2021, 11.29 PM IST
- 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...16 Nov, 2021, 06.25 PM IST
- GlobalBees acquires homegrown millennial skincare brand ProlixrWith this acquisition, GlobalBees has entered the personal care segment, which is expected to reach $37.2 billion in India by the year 2025.25 Oct, 2021, 10.43 PM IST
- 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...06 Oct, 2021, 07.30 PM IST
- China's Fosun may exit Delhivery, Thrasio eyes India forayFosun International, a Chinese conglomerate that invested in Delhivery in 2017, has sold a part of its stake for $50 million, and could exi...05 Oct, 2021, 08.56 PM IST
- Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market04 Oct, 2021, 03.22 PM IST
- 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...21 Sep, 2021, 06.00 AM IST
- 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 ...17 Aug, 2021, 06.00 AM IST
- 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...19 Jul, 2021, 05.05 PM IST
- 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...14 Jun, 2021, 08.22 PM IST
- ETtech Exclusive: FirstCry to launch $75-million Thrasio-style investment ventureThe country's largest venture will have capital committed by SoftBank , TPG and Premji Invest29 Apr, 2021, 04.40 PM IST
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