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D2C brands feel the pinch as consumers cut spendingRising input costs and shrinking demand are squeezing smaller brands, with consumer spending projected to drop 5-6% next quarter. D2C brand...
India’s beauty and personal care market set to grow to $39 billion in FY30: ReportIndia’s beauty and personal care market is accelerating rapidly, thanks to rising personal care spending by young consumers. E-commerce and...
Gifting, wellness brands find love on qcomm this Valentine’s weekValentine’s Day is becoming a major sales event for the quick commerce and D2C brands, spanning fashion, jewellery, beauty, and sexual well...
Ecommerce festive sales temper down after big September 22 surgeAfter kicking off their flagship festive sales with a bang, etailers are now seeing demand cool off, according to industry executives, bran...
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.
Brands ride ‘quick’ sleigh as quick commerce dons the Santa hatThe Christmas gifting season saw a 20-30% sales boost for D2C brands in categories such as personal care, desserts, eatables, and activewea...
Black Friday weekend sales grow 17-18% on year for ecommerce playersDirect-to-consumer brands and ecommerce marketplaces saw a 17-18% rise in Black Friday order volumes compared to last year, with beauty, we...
Ecommerce in competition with quick commerceMany prominent ecommerce firms like Flipkart, Nykaa, Myntra and FirstCry have increased their offering of same-day deliveries in metros and...
Beauty companies in dull phase find quick fix to glow upAmidst declining growth, beauty and personal care brands like Plum, Wow Skin Science, and Mamaearth-parent Honasa Consumer are pivoting to ...
Beauty and personal care brands in dull phase find quick fix to glow upFacing slowing growth in traditional e-commerce, beauty and personal care brands in India are turning to quick commerce channels. Brands li...
Festive season begins with a bang: quick commerce sees jump in salesBlinkit and Zepto saw increased sales and expanded their product ranges for the festive season, targeting doubled SKUs for Diwali. With sig...
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.
After a long day at work, Pilgrim co-founder Anurag Kedia finds solace in Chopin & Hariprasad ChaurasiaAnurag Kedia, co-founder of Pilgrim, is a devoted fan of classical music, appreciating compositions from Chopin to Hariprasad Chaurasia. Hi...
Ecommerce festive sales off to a bright start on deep discountsBrands and ecommerce platform executives said they have seen a better-than-expected start to festive season sales at the end of the first w...
Ecomm festive sales off to a bright start on deep discountsThe first week of flagship sales in India's ecommerce sector has seen a strong start, with brands and ecommerce platforms reporting better-...
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...
D2C beauty startup Pilgrim gets funding from Fireside Ventures, othersD2C beauty startup Pilgrim, operated by Heavenly Secrets, will use the capital raised from Fireside Ventures and others to enhance R&D capa...
- Rs 2.35 crore compensation for family of J&K crash victims
The J&K State Consumer Disputes Redressal Commission has awarded damages to the tune of Rs 2.35 crore to the legal heirs of two Amarnath pi...