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TR Capital, Steadview make second investment in Lenskart

The total transactions in Lenskart has reached to five, which also counts International Finance Corp (IFC), the private sector investment arm of the World Bank, and

August 06, 2018  |  comments ( 0 )  | 

Swiggy seeks investors attention to raise up to $500 mn Fund

Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.

August 03, 2018  |  comments ( 0 )  | 

Khazanah may invest in Pepe’s India arm

Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.

July 24, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet

Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from Paper.vc.

July 17, 2018  |  comments ( 0 )  | 

Singapore based CCube Angels Network Invests in Inner Being

Inner Being plans to use the funds raised in the current round for new product development, expansion in top tier citiesin India and few other countries, marketing

July 16, 2018  |  comments ( 0 )  | 

Kalyan Jewellers to invest Rs 1,000 to open 20 stores in FY19

The funds for this expansion will be raised through internal accruals, Kalyanaraman said, adding that all the stores are company-owned.

July 06, 2018  |  comments ( 0 )  | 

Walmart Foundation invests nearly US$2 mn in 'Farmer Market Readiness Program' in India

At a meeting in New Delhi, senior representatives from Walmart and the International Crops Research Institute for the Semi-Arid Tropic (ICRISAT) launched ICRISAT's

June 27, 2018  |  comments ( 0 )  | 

Reliance Brands in talks to buy Genesis Luxury

According to industry experts the acquisition is in line of the company's objective of achieving strong foothold in the booming luxury market.

June 18, 2018  |  comments ( 0 )  | 

ED attaches Rs 177 crore assets in Rotomac case

As per the bank, conspirators had cheated a consortium of banks to the tune of Rs 3,695 crore, including the interest component. The principal amount involved is Rs 2,919

May 30, 2018  |  comments ( 0 )  | 

Online Grocery Startup Milkbasket Raise $7 Mn Series A Round

In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.

May 22, 2018  |  comments ( 0 )  | 

Paytm Targets Rs 60,000 Cr From Interbank Transactions

Paytm, which already facilitates the funds transfer between their mobile wallets, opened up bank transfers using UPI (Unified Payments Interface) and IMPS (Immediate

May 14, 2018  |  comments ( 0 )  | 

Flipkart Won't Change Into Walkart: Doug McMillon

This time around, Walmart's choice in India is starkly different. While Flipkart has absorbed billions of dollars of investor money to rapidly grow its business, its main

May 10, 2018  |  comments ( 0 )  | 

Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart

Walmart's investment includes $2 billion of new equity funding that would help Flipkart to accelerate its growth pace amid stiff competition from Amazon, which is also

May 10, 2018  |  comments ( 0 )  | 

Trent posts Q4 net profit at Rs 11.66 cr

The company had posted a net profit of Rs 25.26 crore for the corresponding quarter of the previous fiscal, Trent Ltd said in a filing to the BSE.

May 04, 2018  |  comments ( 0 )  | 

Ist ShopClues' Offline Store To Open In Lucknow Next Month

The company received funding of about $10 million from some existing investors recently. Ghai confirmed that $10 million was the ballpark figure and declined to specify

April 27, 2018  |  comments ( 0 )  |