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ACE TURTLE FUNDING
Tech-led retailer Ace Turtle raises $5 million in round led by existing investor Vertex HoldingsCo-founders Berry Singh and Nitin Chhabra participated in the bridge round. The company, which operates denim brands Lee, Wrangler, and G-S...- Vertex Ventures makes final close of Fund V at $541 millionThe firm, backed by Temasek, said the latest fund is 80% larger than Fund IV, which it closed at $305 million in 2019.
- ace turtle makes appointments to senior leadership teamWith extensive global experience in fashion, retail, luxury and online marketplaces spanning over two decades, he is a creative strategist ...
- Weak sector dynamics to keep IT stocks volatile: Should you invest?Macro headwinds, high costs, slowdown in BFSI segment and high valuations keep stocks out of favour.
- Vertex, SBI Investment lead $34-million funding in Ace TurtleThe investment round was led by new investors Vertex Growth, SBI Investment, Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Tr...
- Lee, Wrangler retailer ace turtle raises $34 million in Series B fundingThe Series B round was led by new investors Vertex Growth, SBI Investment Co. Ltd., Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures...
- ET India Inc Boardroom: A platform to learn, share and gain deeper insights on what worked in 2020, what did not, and how the future can be shaped from here onThe ET India Inc Boardroom brings tales of how businesses braved the odds in a tough environment, the resilience they showed and the optimi...
- As Covid drives buyers to ecommerce portals, brands upgrade own websitesMany consumers had complained of initial hiccups in the services of some top brands that launched their webstores this year. Companies also...
- Pandemic brings webstores into limelight“Brands have also started investing in customer acquisitions,” said Nitin Chhabra, chief executive of omni-channel enabler Ace Turtle that ...
- 7 common money myths that are still doing the roundsInvestors harbour several misconceptions about financial matters. ET Wealth unravels the truth behind them.
- Can companies sustain cashbacks and deep discounts?The battle for mindshare and, eventually, your wallet, has meant aggressive pricing strategy across consumer-facing sectors.
- Ace Turtle launches new AI product for global brandsAce Turtle will look to offer analytics for dynamic last mile allocation to optimize cost and speed, which CEO Nitin Chhabra said will go l...
- Vertex Ventures makes final close of South-East Asia & India-focused Fund-III at $210 millionTemasek, through Vertex Venture Holdings, has been the sole backer in both of Vertex’s investment vehicles for the region.
- Ecommerce consultancy Ace Turtle receives Series-A fundingTemasek's Vertex led the round with CapitaLand's C31 as co-investor
- Ecommerce firms like Urban Ladder, Yepme and others plan to turn into single-brand retailersIndia allows 100 per cent foreign investment in ecommerce marketplaces but such marketplaces cannot stock or sell on their own.
- Merchandise sellers like Bluegape & Collectabillia fast attracting investors' attentionThe global fan merchandise market is estimated at about $184 billion (Rs 11.1 lakh crore). Compared to that, the Indian market is at just $...
- Global biggies eye stake in deal site MydalaMydala has held talks with Russian billionaire Yuri Milner's DST Global and Sweden's Kinnevik as it looks to raise $40 mn of fresh funds.
- As India’s digital commerce companies go head-to-head, all eyes are on Snapdeal nowIn the fund-raising stakes, Snapdeal, which, till date, has garnered over $330 million across rounds, is now a distant third, lagging behin...
- Mobile commerce company Paytm to soon launch Rs 100-crore ad campaignExperts estimate that e-commerce companies will spend about $150 million (Rs900 crore) on advertising over the next 12 months.
- Paytm in for Rs 100-crore advertising blitz this weekExperts estimate that e-comm cos will spend about Rs 900 cr on advertising over the next 12 months, nearly trebling the amount spent last y...
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