SHOPX, India’s fastest growing digital offline platform, fueling retailers in India, has received ₹12.99 Cr of fresh capital from existing investor, Nandan Mohan Nilekani. ShopX has so far raised a total of ₹122 Crore of which Mr Nilekani‘s contribution has been almost all of it. The former UDAI Chairman and Infosys co-founder, Nandan Nilekani has been […]
The attraction for Indian consumer market has been on the rise. Jefferies India Pvt Ltd. has now joined in the chorus for showing a successful growth as a producer of staples and branded goods. It has picked up in a sector that comprises V-Mart Retail Ltd, a company whose stock market has performed outstandingly making […]
Titan, Tata Group’s daughter company announced that it is targeting a gross revenue of Rs 50,000 crore by FY 22-23 and is forecasting its jewelry business to keep driving the sales of the company. “Titan now aspires to touch 50 million customers across all its businesses and achieve the UCP (Uniform Consumer Price) revenue of […]
US based Digital marketing firm Punchh has raised USD 20 million funding in a Series B round led by Sapphire Ventures. Cervin Ventures also participated in this round bringing the total funding close to USD 31 million till date. Company’s R&D and development center are based out of Jaipur, India. With the fresh funding round, the […]
Walmart, the American retail guru is keen to buy stakes in Indian e-commerce company, Flipkart and the rumors circulating suggest that the Indian firm would boast a valuation of $20 billion once the deal is completed. Anonymous sources close to the company suggested that Walmart is set to buy out the shares of Flipkart and […]
Happy Loans, the platform that connects borrowers from the MSME sector to lenders announced on Thursday that it made the acquisition of Non-Banking Financial Company (NBFC) IFMR Mezzanine Finance Private Limited in order to use the funds of the firm to provide loans to its customers. Consequently to the deal, the NBFC company’s name will […]
The person behind GBMiners, the firm credited for introducing bitcoin mining in India, has been arrested for swindling over 8000 investors of INR 2,000 crores in the state of Maharashtra alone. Amit Bhardwaj, one of most well-known person in the digital currency world, and his brother Vivek Bharadwaj were arrested after evading the police for […]
Saudi Aramco, an alliance of India state refineries has agreed to build a mega refinery based petrochemical project on India’s west coast for an estimated $44 billion, as per the sources involved in the oil deal. The move will grant 50 percent stake to Saudi Aramco, in a planned 1.2 billion barrel per day amount […]
BeatO, a platform dedicated in catering and facilitating the lives of diabetes patients recently raised an institutional round of funding worth $1.3 million led by Leo Capital in partnership with Blume Ventures. “We are extremely excited to associate with partners like Leo and Blume. India is expected to have 100M diabetics by 2030. This puts […]
MakeMyTrip, the online travel company and Flipkart, the e-commerce marketplace announced on Thursday that it would begin a partnership intended for the travel services market. MakeMyTrip owns several branches such as Goibibo and redBus, and will use the large client base of over 100 Million registered users of Flipkart to increase the its online travel […]
Zappfresh, the company ran by DSM Fresh Foods Pvt. Ltd which specializes in providing high-quality fresh meat announced on Thursday that it appointed Vinod Sawhny as senior advisor to the company. Sawnhy possesses over ten years of experience in the retail industry, and previously held the post of CEO at Reliance Communications Ltd. In addition, […]
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” Entrepreneurship is surely not an easy task and comes with its own set of challenges and hardships, yet time and again successful entrepreneurs from around the world proved that […]