Actor-entrepreneur Ranbir Kapoor invests in Prozo to support scalable supply chain innovationActor Ranbir Kapoor invests in Prozo, a tech-driven supply chain platform. Prozo integrates warehousing, freight, and fulfillment. Their te...
Rohit Sharma backs logistics startup Prozo amid India’s supply chain boomIndian cricket star Rohit Sharma has invested in Prozo, a full-stack supply chain company, highlighting the significance of technology-driv...
HUL buys Minimalist at Rs 2,995 crore valuationHindustan Unilever acquired a 90.5% stake in D2C beauty brand Minimalist, valuing it at Rs 2955 crore. The transaction will complete by Jun...
Healthcare platform Raaz App raises $1 million in round led by Fireside VenturesThe funds will be used to enhance the platform and expand its services and reach. Additionally, it will invest in clinical trials, developm...
D2C beauty company Wow Skin Science seeks strategic buyer at a lower $250 million valuationWow Skin Science, valued at around $400 million, is seeking a strategic buyer at a reduced valuation of $250 million as investors look to e...
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 ...
Wow Skin Science cuts losses despite revenue dip, eyes profitability by 2025The reduction in losses follows the Bengaluru-based company’s efforts to curb overall expenses. In 2023-24, the company cut its expenses by...
Isha, Akash Ambani, Alakh Pandey in Hurun's under-35 list of entrepreneurs shaping India's economic futureReliance Retail's Isha Ambani and Parita Parekh from Toddle are the youngest women in the inaugural 2024 Hurun India Under35s list. The lis...
D2C haircare brand Moxie Beauty raises $2.1 million in funding led by Fireside VenturesMoxie Beauty, a haircare brand catering to Indian hair textures, has raised Rs 17.3 crore in funding from Fireside Ventures. The company wi...
Purplle closes Rs 1,000 crore funding deal led by Abu Dhabi Investment AuthorityPurplle has also announced a Employee Stock Ownership Plan (Esop) liquidity programme and will offer liquidity of Rs 50 crore to its employ...
Funds make a beeline for beauty platforms; Purplle raises $100 millionADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, ...
ETtech Deals Digest: Startup funding down 41% to $53 million this week, volume stays flatAccordingly, deal density in the latest week went down to about $3 million per deal. During March 30 to April 5, 2023, startups had raised ...
Hair products startup Traya raises Rs 75 crore in funding from Xponentia CapitalTraya has a range of products to treat issues like hair loss. Before this, the startup has raised about $3 million from investors like Fire...
Byju’s fires 500 employees; India Inc and influencer marketingTroubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.
Alteria Capital logs final close of Fund-III at $195 millionAlteria Capital will back startups that have raised venture capital funding of up to Rs 200 crore each through the venture debt fund. The f...
Healthtech startup Traya mops up $2.2 million in fresh fundingTraya said it will use the funds to strengthen research and development, build technology to personalise the hair growth experience and acq...
Making business easy: A template to ramp-up state capacityAfter the economy dipped as a result of stringent lockdowns, both the central and state governments in their deliberations to kickstart and...