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Razorpay confidentially files IPO papers with SebiFintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpa...- Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 croreFintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Everyone talks about layoffs; few talk about the survivors: 25-year tech veteran lifts the lid on a silent struggle inside Big TechA former Big Tech software engineer with 25 years of experience has gone viral after sharing how surviving mass layoffs pushed him into sev...
- Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Mamaearth parent Honasa Consumer's Q4 revenue up 13% at Rs 533 crore, net profit falls 16%The double-digit growth in Q4, which comes in a quarter when FMCG companies typically report single-digit expansion, indicates the beauty a...
- Honasa Consumer’s chief business officer Zairus Master resigns adding to top-level exits: sourcesZairus Master has decided to step down from his role as chief business officer at Honasa Consumer, the parent company of beauty brand Mamae...
- Mamaearth CEO Varun Alagh buys 1.8 lakh shares in firm for Rs 4.6 croreThis move follows Mamaearth parent company Honasa Consumer's poor Q2 results. The company is facing difficulties with its offline distribut...
- Honasa Consumer shares plummet to 52-week low on Q2 lossFor the July-September period, Mamaearth parent Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 cro...
- Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue takes a hit tooThe restructuring entailed the parent company of beauty and personal care brand Mamaearth shedding the super stockist model in favour of di...
- Homebound startups restructure; offline push by D2C brandsHappy Wednesday! Homegrown startups are stepping on the pedal for their move back home. This and more in today's ETtech Morning Dispatch.
- Edtech startup Udayy shuts down, lays off entire staffUdayy raised around $10 million from US-based Norwest Venture Partners in February. It raised $2.5 million in seed funding a year ago. “We ...
- COVID surge: Kerala government to suspend offline classes for 2 weeksThe classes would be suspended for two weeks as a precaution and it was applicable to all educational institutions in the southern state, h...
- Suguna Foods announces its new click-and-mortar brand, DelfrezThe move comes as part of Suguna’s strategic brand restructuring at a group level. The newly launched brand Delfrez will be in both online ...
- Amazon to appoint independent sellers to take over Cloudtail businessAmazon will also not hold any stake directly or indirectly in these mid-sized sellers.
- Xiaomi, Realme says potential of offline sales post Covid-19 intact; consumers may change buying habitBoth Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.
- Realty portal PropTiger sacks 200 employees to integrate operations post Housing.com mergerElara Technologies Pte, which now owns Housing.com, PropTiger.com and Makaan.com, today announced a strategic restructuring aligned with it...
- Huawei to make India the battleground in its war against Samsung, Apple to become No. 1 smartphone maker globallyChinese co restructuring mobile business in India for greater focus; to increase offline presence and apply for a single-brand retail licen...
- Religare Commodities becomes wholly-owned arm of Religare SecuritiesThe move will help bring together the company's commodities and equity broking businesses under one roof.
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