Regulatory actions prompt rethink among fintechs; and other top startup stories this weekFintech industry faces regulatory challenges, affecting players like Paytm Payments Bank. Market dynamics shift with increasing regulatory ...
16 Mar, 2024, 10.55 AM IST
A91 Partners plans $750m fund; Fashinza, Virgio to return investor capitalHappy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the k...
11 Mar, 2024, 09.18 AM IST
Fashion startups Fashinza, Virgio to return investor capital after failed pivotsFashinza and Virgio failed to attract customers in the original business plans for which they had raised the funds. They are now returning ...
11 Mar, 2024, 09.12 AM IST
Snitch raises Rs 110 crore in funding from SWC Global, IvyCap Ventures, othersThe direct-to-consumer (D2C) firm did not disclose the valuation at which the fundraise took place. Snitch had earlier raised a much smalle...
13 Dec, 2023, 10.52 PM IST
Debit cards' downward spiral; OTTs on inclusivity quotientOnline shoppers are increasingly swiping credit cards or using digital payments over debit cards, data shows. Numbers on this trend and mor...
26 Oct, 2023, 08.04 AM IST
Amid pivot from fast fashion, Virgio fires 30% of staffPositions across the business, tech, design, and manufacturing verticals were hit, while the finance and HR departments were “relatively un...
25 Oct, 2023, 05.56 PM IST
Zepto CEO's big sales target; sustainable ventures in focus for public markets at ET Startup Awards 2023India's newest unicorn Zepto has set its sights on an ambitious sales target, CEO Aadit Palicha said during The Economic Times Startup Awar...
09 Oct, 2023, 08.22 PM IST
Virgio shuts fast fashion business, goes for a pivot after raising $37 millionWith about $25 million left in the bank, the firm has been eyeing a pivot for the past few months as the venture failed to gain much tracti...
09 Oct, 2023, 12.59 PM IST
Don't miss these ETtech exclusives from this weekHere’s a list of our scoops, exclusives and news that matters from across the startup and technology sector.
15 Apr, 2023, 05.48 PM IST
Building India's Shein: why investors are backing a new wave of fashion ecommerce startupsThe big action is taking place in the online fast-fashion space, with companies looking to build an ecosystem in India from scratch. The ne...
15 Apr, 2023, 11.35 AM IST
Wary VCs step up diligence; new-age ecommerce firms get investor attentionAmid the overall decline in venture capital funding, investors are taking more time to scrutinise startup business models before closing de...
10 Apr, 2023, 10.02 AM IST
Zyod raises $3.5 million in funding round led by Lightspeed Venture PartnersZyod plans to use the funds to improve technology and hire more people. From adding more manufacturers and suppliers to introducing new fea...
04 Apr, 2023, 01.50 PM IST
ETtech Deals Digest | Uptick in early-stage investingHere are all the startups that got funded this week.
17 Dec, 2022, 07.25 PM IST
Former Myntra CEO’s startup Virgio raises $37 million in fundingCatering to Gen Z and late millennial audience, fashion startup Virgio is building a fashion tech platform that will allow designers to acc...
16 Dec, 2022, 09.32 PM IST
Razorpay, Cashfree in RBI’s crosshairs; Meta takes down Indian firm’s spyware networkEarlier this year, the RBI gave an in-principle nod to Razorpay and Cashfree for their payment aggregator (PA) licence applications. Five m...
16 Dec, 2022, 08.58 PM IST
Shadowfax looks to raise $75-100M; Tata Digital tweaking Neu after glitchesCanada Pension Plan Investment Board (CPPIB) and NewQuest Capital Partners, a fund that specialises in buying secondary stakes, have held t...
05 Sep, 2022, 01.38 PM IST
Prosus Ventures may join funding round of ex Myntra CEO’s new fashion startupYet to be launched, Virgio, maybe valued at over $150 million, launch likely later in Sept.
05 Sep, 2022, 06.00 AM IST