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VIPUL PAREKH
BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
Founder exits loom over BigBasket, 1mg as Tata Digital reset continuesBigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and G...
BigBasket to launch 10-minute food delivery across India by March 2026, executive saysThe Tata-backed grocery giant will take on established players such as Swiggy's Snacc, Blinkit's Bistro and Zepto Cafe, which already deliv...
Gem Aromatics files IPO papers with Sebi to mobilise fundsMumbai-based Gem Aromatics, a manufacturer of specialty ingredients, has filled its draft papers with Sebi to raise funds through an initia...
Gem Aromatics, Ajay Poly files DRHP to raise funds via IPOGem Aromatics and Ajay Poly have filed DRHPs for IPOs, with Gem Aromatics raising up to Rs 175 crore and Ajay Poly up to Rs 238 crore. Proc...
Tata’s Bigbasket eyes IPO by 2025 after $200 million fundraisingThe Bengaluru-based e-commerce firm, which is focusing on expanding its pan-India reach, may choose to launch an initial public offering in...
Commercial EV Startup Turno raises $3.1 million in funding from Stellaris Venture PartnersTurno plans to use the capital to expand across Maharashtra, the NCR, Tamil Nadu, and Gujarat, among others.
YantraLive raises $1 million in seed round from GrowthStory, othersYantraLive, which began operations in 2018, primarily caters to infrastructure firms, fleet owners and servicing workshops. It is backed by...
After Tata acquisition, BigBasket wants to go big on express deliveriesAccording to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few mon...
Saveo Healthtech gets $4 million led by Matrix Partners, RTP GlobalThe company said it would utilise the capital to expand deeper into geographies where it is already present and into newer regions within t...
MyGubbi raises $2.7 million in pre-series A round nowSet up in 2015, the company had raised a seed round of $2.3 million last year.
Create your dream home with mygubbimyGubbi is an online portal where users can browse through the listed home decor products in various categories like living & dining, kitch...
Big dreams for Big Basket: Aiming to double turnover to Rs 1,200 cr in 2016"Grocery is not an easy category to work with. Delivering perishable items, managing same-day delivery targets for a wide range of products...
Online grocery store BigBasket ropes in Shah Rukh Khan as brand ambassadorBigBasket.com has roped in Shah Rukh Khan as brand ambassador for an undisclosed fee. The company announced it through a series of tweets.
Online grocers like LocalBanya foray into Pune; challenge supermarkets like Big BazaarAfter BigBasket entered Pune in Dec, LocalBanya has now also forayed into Pune last month. This set the stage for startups to enter multipl...
- BigBasket.com raise USD 10 mn from Ascent Capital
Online grocery store BigBasket.com today said it has raised USD 10 million (about Rs 50 crore) from private equity firm Ascent Capital.
- Parekh, others sent on 14 year exile
The Securities and Exchange Board of India (SEBI) has restrained the tainted trader from accessing the stock market for 14 years.