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MOKOBARA LOSSES
PE fund Multiples, Sachetis to acquire majority stake in VIP IndustriesA consortium led by Multiples Alternate Asset Management and Samvibhag Securities is set to acquire a 32% stake in VIP Industries from the ...
14 Jul, 2025, 09.48 AM IST
Nasher Miles to open 20–25 offline stores, eyes quick commerce growthNasher Miles plans to open 20 to 25 exclusive brand outlets across India this year, aiming for 100 in two years. The D2C luggage brand is a...
12 Jul, 2025, 09.32 PM IST
Cricketer Jasprit Bumrah backs luggage startup Uppercase as an investorThe partnership includes co-developing a product line for sportspersons. This reflects a wider trend of cricketers turning investors. Upper...
14 Apr, 2025, 10.50 AM IST
Samsonite cites discounting by rivals as India sales fallSamsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its...
15 Mar, 2025, 12.16 AM IST
Direct-to-consumer brands keep deal street busy with new funding roundsVenture funds are sitting on ample dry powder and will accelerate deal-making in early-stage startups. Funds like Accel, 3One4 Capital, Pea...
15 Jan, 2025, 09.54 AM IST
Level of discounting in India is not sustainable, says Samsonite CEODiscounting levels in India's luggage market are unsustainable, affecting profitability, says Samsonite CEO. Samsonite surpassed VIP Indust...
03 Jan, 2025, 02.36 PM IST
Bluestone bags Rs 900 crore in pre-IPO round, to file draft papers this yearBluestone, a jewellery retailer, completed a Rs 900-crore funding round, boosting its valuation to $970 million. Key investors included Pro...
22 Aug, 2024, 09.20 AM IST
Peak XV, Steadview, and Think Investments line up to fund jewellery retailer Bluestone in pre-IPO roundJewellery retailer Bluestone is in talks with Peak XV Partners, Steadview Capital, and Think Investments for a $100 million pre-IPO round. ...
18 Jun, 2024, 09.36 AM IST
Ecommerce in slow lane; PhonePe-BharatPe truceHappy Monday! Online sales haven’t picked up during the final quarter of FY24, industry officials said. This and more in today’s ETtech Mor...
27 May, 2024, 07.16 AM IST
Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
08 Mar, 2024, 08.06 AM IST
D2C skincare brand Foxtale raises $14 million funding led by Panthera Growth PartnersFoxtale Consumer last raised $4 million in 2022 from Matrix Partners and Kae Capital.
07 Mar, 2024, 02.06 PM IST
D2C luggage brand Mokobara raises $12 million in funding from Peak XV Partners, existing investorsMokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 m...
26 Feb, 2024, 11.42 AM IST
New-age luggage brand Mokobara's operating revenue grows four-fold in FY23, losses widen 78%Mokobara’s total expenses of about Rs 61 crore in FY23 is nearly three times higher than the Rs 16 crore it spent in FY22. The purchase of ...
27 Dec, 2023, 05.48 PM IST