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AI jitters continue to hit IT; USV Pharma buys Wellbeing stakeIT stocks slid sharply Thursday on rising fears of AI-led disruption. Here’s more in today’s ETtech Top 5:- Marico to acquire majority stake in protein supplement brand Cosmix valuing it at Rs 375 croreMarico will acquire a 60% stake in plant-based nutrition brand Cosmix, valuing the startup at Rs 375 crore. Founded in 2019, Cosmix is boot...
- Emami tightens hold on pet care associate Cannis LupusEmami Ltd will convert existing loans and invest fresh capital into Cannis Lupus Services, an associate company in the pet care sector oper...
- Zerodha’s Rainmatter invested Rs 275 crore in 2024 across climate, health startups: Nithin KamathRainmatter, backed by Zerodha, invested Rs 275 crore in 47 startups last year, focusing heavily on climate and health sectors. The firm pla...
- Rainmatter’s new bets; IT firms cut subcontracting costsHappy Wednesday! Zerodha-backed Rainmatter Capital has funded multiple startups in the last two months. This and more in today’s ETtech Mor...
- Zerodha’s Rainmatter invests Rs 10 crore each in Boson Whitewater, TruNativRainmatter, which invests in startups across fintech, clean energy, climate tech and healthtech, has pumped in Rs 30 crore into multiple co...
- Zerodha’s Rainmatter pumps in $3.5 million in fitness startup FittrJitendra Chouksey, founder of Fittr, told ET that the startup will get access to the entire ecosystem of health and wellness startups backe...
- Emami Group appoints McKinsey & Co to identify 2-3 categories to foray intoThere are plans to undertake an initial public offering for the group’s edible oil and packaged food business, Emami Agrotech, once the bus...
- ETtech In-depth: Zerodha's Rainmatter gets into heart of investing via road not takenZerodha is trying to change the way Indians manage their wealth. With Rainmatter, the startup is trying to change the way Indians eat, stay...
- Trunativ partners with Frozen Bottle to create healthy milkshake optionsTrunativ, a wellness brand has collaborated with Frozen Bottle, a milkshake brand, to create a healthy milkshake offering. The collaboratio...
- FMCG industry hopeful of rural market bouncing back in coming quarters: Emami MDMoreover, after the pandemic, the fundamentals of the retail landscape have changed and companies have invested in digital transformation t...
- Online D2C brands go offline as sales recoverWith e-commerce doubling its contribution over the past two years, several mainstream companies either launched online-only brands or acqui...
- Stocks in the news: SBI, Voda Idea, RIL, Info Edge, PVR and EmamiVodafone plans to infuse up to Rs 3,375 crore into Vodafone Idea as part of the company's proposed raising of funds worth Rs 14,200 crore. ...
- Emami acquires 19 pc stake in D2C nutrition firm Tru Native F&BCommenting on the acquisition, Emami Ltd Director Harsha V Agarwal said, "With health and wellness being the buzzword for consumers today, ...
- 9Unicorns leads seed investment round in nutrition company TruNativThe company is inspired by the Government’s vision of providing holistic nutrition to Indians under its POSHAN Abhiyaan.
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