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Mamaearth to change offline distribution strategy to increase revenue growth
The parent business of popular brands like Mamaearth, Aqualogica, and Bblunt, Honasa Consumer, is drastically altering its distribution plan. The business is moving away from mega stockists and toward...
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Reliance seeks CCI nod for Viacom 18 and Star India mega-merger
NEW DELHI: Under the direction of billionaire Mukesh Ambani, Reliance Industries has made a significant move by applying to the Competition Commission of India (CCI) for permission to merge Viacom18...
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Megha Engineering to sell gas distribution business, reaches out to Indian...
According to reports, Megha Engineering and Infrastructures Limited (MEIL), a significant participant in the Indian infrastructure market with headquarters in Hyderabad, intends to sell Megha City Gas...
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Gurgaon-based Zypp Electric raised $15 Mn funding in Series C round led by...
Recently, Zypp Electric, a cutting-edge platform for electric vehicles (EVs) as-a-service, raised INR 116 crore (about USD 14 million) in its Series C1 fundraising round. Zypp Electric is celebrating a...
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Ecom Express to begin drone deliveries in Delhi NCR region with Skye Air
In a strategic move poised to transform the logistics landscape in India, Ecom Express, a Delhi NCR-based company, is launching a pilot project to deliver packages using drones. Partnering with the...
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Honasa Consumers, the parent company of Mamaearth, acquires CosmoGenesis Labs...
The parent business of well-known personal care brands including Dr. Sheth’s, Mamaearth, The Derma Co., and Aqualogica, Honasa Consumer Ltd., recently announced the strategic acquisition of...
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BCG to make a three-year roadmap to help BSNL compete with private telecom...
In an effort to revitalize the business and regain its competitive edge in the telecom sector, Bharat Sanchar Nigam Limited (BSNL) and Boston Consulting Group (BCG) have formed a strategic partnership....
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Google leases 6,49,000 sqft office space in Whitefield, Bengaluru for a...
Google has leased 649,000 square feet of premier real estate in Alembic City, Whitefield, Bengaluru, expanding its office space footprint in the nation. This is a significant move that highlights the...
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Adani to buy stock in Paytm, founder Vijay Shekhar meets Adani in Ahmedabad...
According to a recent media report, the Adani Group, headed by Gautam Adani, is thinking about investing in Paytm, the top financial services and digital payments company in India. The article claims...
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Byju Raveendran gets further relief as Karnataka HC extends protection from...
Bengaluru, May 28, 2024 – The Karnataka High Court has extended its interim order, preventing Byju’s shareholders from enacting any resolutions expected to be passed during the February 23...
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Zomato eyes entry into lending business, in talks with NBFCs to start...
After a brief break, Zomato, one of the top meal delivery services in India, plans to resume lending. The business is currently in negotiations with a number of non-banking financial companies (NBFCs)...
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Three-wheeler EV maker Euler Motors raises another Rs 200 Cr in Series C...
In its Series C investment round, Euler Motors, an emerging electric three-wheeler company in India, has successfully raised an extra Rs 200 crore. With this, the overall money raised in this round is...
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Amazon to acquire MX Player for over $100 Mn in a deal with Times Internet
The Times Internet-owned video streaming company MX Player is reportedly on the verge of being acquired by the US-based e-commerce giant Amazon, a development that might significantly impact the Indian...
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CEO Sidhant Keshwani’s ethnic wear brand Libas raises Rs 150 Cr funding from...
Indian ethnic clothing company Libas has successfully raised INR 150 Crore from ICICI Ventures, the bank’s alternative investment division, in a strategic capital round. The possible effects of this...
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Ather Energy raises Rs 286 Cr in debt and equity funding
With a carefully considered combination of debt and equity financing, Ather Energy, a well-known EV producer in India, has raised a total of Rs 286 crore, or about $34 million. Ather’s grand intentions...
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Zerodha Co-founder Nikhil Kamath led a $20 Mn funding round in Infra.Market’s...
Recently, Infra.Market, a well-known online marketplace for building supplies, raised almost $20 million by selling a small portion of its subsidiary, RDC Concrete. The strategic move was spearheaded...
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Online visa platform, Atlys eyes to raise over $15 Mn in funding led by Peak...
According to reports, Atlys, an inventive online platform for applying for visas with offices in San Francisco and Mumbai, is in talks to earn a sizeable $15–18 million in a Series B fundraising round....
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Indian AI startup JiviAI outperforms Google, OpenAI in medical categories,...
The healthcare firm JiviAI, based in Gurugram, has made a significant announcement stating that their language-learning AI, Jivi MedX, has surpassed well-known models such as Google’s Med-PaLM 2 and...
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Fintech Unicorn Oxyzo’s revenue over INR 900 Cr, profit rises 47% to INR 290...
The loan division of OfBusiness, Oxyzo, has announced significant financial growth for the fiscal year 2024. In line with the company’s disclosures to the Bombay Stock Exchange (BSE), consolidated...
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Indian Startup News: Indian startups raised $218 Mn this week; from...
The Indian startup ecosystem saw a surprising upsurge in investment activity between May 27 and June 1, following two weeks of sluggish fundraising trends. In comparison to the previous week’s $58.36...
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