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With the current round of funding, the Delhi-based startup plans to establish more 'fulfilment centres' or warehouses for processing orders for its vendors.
Restaurant search and discovery app Zomato has raised $60 mn in funding led by Singapore based Temasek with participation from existing investor Vy Capital.
Online shopping major Snapdeal is all set to invest $ 100 million in Shopo as it looks to build up the recently launched venture into a one million seller-strong platform.
Online lingerie retailer Zivame today said it has raised Rs 250 crore from Zodius Technology Fund, Khazanah Nasional Berhad and other existing investors.
Suiting fabric producer Raymond Ltd today said it plans to invest USD 5 million to launch its products in the West Asian and African markets through its subsidiaries.
Global consumer healthcare, medical devices and pharmaceuticals giant Johnson & Johnson (J&J) is looking at investing another $100 million to more than double its annual production capacity at its upcoming India's largest facility near Hyderabad in Telang
Online eyewear retailer Lenskart will invest about Rs 60 crore to set up a manufacturing facility in the country in the next three to six months, according to a top executive of the company.
BedBathMore.com, an online home furnishing retailer, plans to invest about $20 million, or Rs 128 crore, in the next 18 months to ramp up its technology capabilities, workforce and marketing spends, a part of which will be raised from investors.
Fashion discovery startup Roposo has raised another $15 million (Rs 95 crore) from Tiger Global just a few months after having drawn a $5-million series A cheque from the New York-based investor.
Leading cycle manufacturer, Hero Cycles has recently picked up majority stake in UK-based Avocet Sports, its first overseas acquisition, to mark entry into high-end bicycle market in Europe for an undisclosed sum.
Bangalore-headquartered,Online grocer BigBasket has recently raised $50 million (Rs 315 crore) from its existing investors led by Bessemer Venture Partners...
Pay Point India Network, a fast moving consumer services, company, is planning to add 25,000 more retailers to its network and increasing its presence across India by end of this financial year.
Emami Ltd has raised Rs 950 crore debt to partially fund the acquisition of Kesh King brand of hair products which was touted as one of the biggest deal in recent times in the Indian FMCG industry.