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Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy marketsCloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore ...
Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in AprilQuant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund...
BJP sweeps Haryana municipal corporation polls, tastes victory in Hooda bastionThe Bharatiya Janata Party has achieved a significant victory in Haryana's municipal corporation elections. The party secured wins in Ambal...
Pine Labs acquires ecommerce enabler Shopflo for Rs 88 croreDigital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merch...
Cultfit raises $47 million from Singapore’s TemasekFitness startup Cultfit raised $47 million (Rs 440 crore) from Singapore-based Temasek, its first major funding in two years. The Bengaluru...
Binny Bansal eyes big game again post Flipkart exitFlipkart cofounder Binny Bansal exited the Flipkart board in January, but he’s been busy making investments and giving shape to his new sta...
Tata Digital to invest in Curefit, appoints Mukesh Bansal as presidentThe Tata-Curefit deal comes close on the heels of Tata Digital completing the acquisition of BigBasket and making a play for online pharmac...
Navi's aim is to simplify financial services, improve affordability for billion users: Sachin BansalAfter moving out of Flipkart, Bansal - along with Ankit Agarwal - founded Navi in 2018. Currently, Navi offers unsecured loans of up to Rs ...
Sachin Bansal and others put Rs 3,000 crore in Navi TechAs per a valuation report filed by the company, the financial securities, worth Rs 1,636.1 crore, and which could include, pass through cer...
Sachin Bansal invests Rs 888 cr more in his venture Navi TechNavi Technologies has made a profit after tax of Rs 1.9 crore on revenue of Rs 16 crore for the financial year ending March 31, the filings...
Sachin Bansal invests Rs 25 cr in Chaitanya India FinanceAs per filings, Bansal has been allotted 250 shares of the company, each with a face value of Rs 10 lakh, as unrated non-convertible debent...
Flipkart founder Sachin Bansal in talks to buy out Essel Mutual FundFormer BofA banker and Bansal’s friend Ankit Agarwal is leading the talks on behalf of Essel MF.
CureFit acquires majority stake in Tribe FitnessLike Cult, the Bengaluru-based company's first acquisition, Tribe Fitness is a chain of fitness centres that provides training without usin...
Former Flipkart executive Mukesh Bansal invests in fitness startup CultThe investment in Cult comes within days of Bansal announcing a new venture in the healthcare and fitness space along with former Flipkart ...
One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive Ankit Nagori to also leaveMukesh Bansal has resigned as head of commerce & advertising biz at Flipkart, just weeks after a restructuring that resulted in Binny Bansa...
How Flipkart's Bansals splashed out on the IIT-Delhi networkThe Bansal brothers are known to support many startups, whose founders are alumni of IIT Delhi.
Employee movement to startups rising from big organisations: ExpertsIndustry is witnessing employee movement, especially in mid- to senior-level, from established organisations to new age ventures.
Flipkart reduces dependence on WS Retail, aims to more than triple third-party sellers by year-endWhile the share of WS Retail’s sales is falling, Flipkart is aiming to more than triple the number of its third-party sellers by the end of...
Flipkart rejigs top management, hands over more responsibility to Myntra founder Mukesh BansalThe reshuffle will also result in a higher profile for Ankit Nagori, the marketplace head who will also now oversee general merchandise and...