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D2C beauty brand Pilgrim raises Rs 200 crore in a mix of primary, secondary fundingOthers who participated in the funding round were Vertex Ventures SEA, Sattva Family Office, Mirabilis Investment Trust, Vertex Growth Fund...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
Pilgrim reports four-fold jump in revenues in FY23 but losses soarIn the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soarin...
Beauty brand Pilgrim’s revenue grows four-fold, losses tripleThe D2C personal care brand’s net loss tripled as expenses almost touched Rs 100 crore.
Govt notifies Angel Tax rules for startups; Zerodha’s FY23 revenues & profits soarThe government notified the new Angel Tax rules on Tuesday, retaining the five valuation methodologies suggested in the draft rules. The ru...
Pilgrim raises $20 million in funding round led by Vertex VenturesPilgrim founder Anurag Kedia said around $14 million of the total round came from a primary share sale, while the rest was in a secondary t...
For startups, customer is king and consultantIn competitive ecommerce, founders and execs directly connect with users for mkt insight
Pilgrim accelerates its offline expansion plans; onboards senior hiresWith an aim of becoming a Rs 1000 crore brand in the next 5 years, Pilgrim will be entering the offline market in this year. By December 20...
Pilgrim announces first ESOP schemeAbout 30 employees who have spent a year in the company will be able to benefit from this scheme. With this announcement, Pilgrim aims to a...