Thrasio gives up control in India’s Lifelong, founders take 60% stakeThis move comes after the ecommerce rollup firm faced headwinds in the US.
18 May, 2023, 05.40 PM IST
FirstCry subsidiary Globalbees signs pact to sell overseas brands in IndiaNitin Agarwal, cofounder and CEO of Globalbees, told ET in an interaction that the firm has signed up around 10 such brands, including Aust...
12 Apr, 2023, 06.01 AM IST
Lenskart all set to close $250m roundValuation may hit $4.5-5b after financing that will include secondary share sale
30 Jun, 2022, 10.25 PM IST
Thrasio set to rework India plans amid global rejigTharsio, which buys and scales brands which sell on Amazon, announced on Wednesday that its chief executive Carlos Cashman was being replac...
06 May, 2022, 12.22 PM IST
Amazon brand aggregator Thrasio replaces Carlos Cashman with new CEO, may fire 20% staff: reportThrasio entered India in January through the acquisition of Lifelong India, it had announced plans to invest $500 million here
03 May, 2022, 11.36 AM IST
Ecommerce roll-up firm Goat Brand Labs finalising $50 million financing through convertible debtSources said Goat is raising this round through convertible share warrants. This means incoming investors will be able to convert these war...
20 Apr, 2022, 06.00 AM IST
Thrasio CEO calls India a big long-term bet, to invest $500 millionThrasio has made its first acquisition in India by purchasing a majority stake in consumer durables brand Lifelong. Lifelong cofounder Bhar...
14 Jan, 2022, 09.41 AM IST
Exclusive: Thrasio’s $500M India bet; Pepperfry assembling IPOThrasio, which pioneered the house of brands model of ecommerce, plans to invest $500 million in India, and that’s just for starters. Peppe...
14 Jan, 2022, 06.46 AM IST
GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
28 Dec, 2021, 11.29 PM IST
Rollup ecommerce: an idea whose time has comeThe largest acquirer of Amazon businesses and one of the top 25 sellers on Amazon, three-year-old Thrasio is credited with creating a whole...
16 Nov, 2021, 06.25 PM IST
Thrasio raises $1 billion in funding led by Silver LakeSilver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Managemen...
25 Oct, 2021, 06.21 PM IST
Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
04 Oct, 2021, 03.22 PM IST
10club buys Skudgear, its second acquisition in less than a fortnightSkudgear is 10club's second acquisition after My NewBorn, a brand selling baby products on Amazon India. The Thrasio-style venture recently...
30 Sep, 2021, 08.39 PM IST
UpScalio raises $42.5 million in fundingA consortium of lenders, including freshly minted unicorn OfBusiness, Innoven Capital, and Alteria Capital, have also committed capital to ...
17 Aug, 2021, 06.00 AM IST
GlobalBees, a Thrasio-style investment platform, raises $150 millionGlobalBees’ funding round, the biggest for a Thrasio-style startup in India, was led by FirstCry and some of its investors and included Lig...
19 Jul, 2021, 05.05 PM IST
Check, mateFrom Nikhil Kamath's Chess controversy to Glance buying Shop101 and Bitcoin jumps on another Musk tweet, here's a quick look at the top tec...
14 Jun, 2021, 08.22 PM IST
Tiger Global, Flipkart to back Rishi Vasudev’s new Thrasio-style ventureGoat Brands Labs, a Thrasio-style venture of former Flipkart executive Rishi Vasudev for online fashion retail, plans to raise about $20 mi...
19 May, 2021, 04.59 PM IST