Amazon ecommerce business acquirer Benitago files for bankruptcyAmazon e-commerce business acquirer Benitago Group has filed for bankruptcy in the US, listing both assets and liabilities ranging from $50...
02 Sep, 2023, 06.22 PM IST
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
Ashni Biyani's company to attempt Thrasio modelThink9 Consumer, a multi-brand platform promoted by Ashni Biyani, daughter of Future Group chairman Kishore Biyani, is in talks with close ...
23 Jan, 2023, 06.01 AM 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
Tesla reassigns India team; Thrasio may revisit India planWith its India employees in limbo, Tesla has now reassigned them to Asia-Pacific and other markets.
05 May, 2022, 06.38 AM 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
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
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
Mensa Brands takes majority stake in 10 consumer brandsFive-month-old Mensa, which is trying to build a 'tech-led house of brands' has acquired anywhere between 51% and 75% in these brands and w...
06 Oct, 2021, 07.30 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
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
ETtech Exclusive: FirstCry to launch $75-million Thrasio-style investment ventureThe country's largest venture will have capital committed by SoftBank , TPG and Premji Invest
29 Apr, 2021, 04.40 PM IST