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D2C brand Zouk secures $10 million to expand offline footprint

The Mumbai-based startup intends to grow its offline presence from 5 to 75 stores pan-India, strengthen brand awareness and enhance its supply chainBengaluru: Direct-to-consumer (D2C) lifestyle brand Zouk has raised $10 million (approximately Rs 84 crore) in its series...

Lulu Retail announces IPO in ADX

The IPO timeline began on 21st October 2024 intending to Float announcement, followed by the Price Range announcement. New Delhi: UAE-based retail conglomerate Lulu Group International announced its plans to list the Middle East-based group's retail arm Lulu Retail on...

Vishal Mega Mart files updated IPO papers with Sebi; eyes Rs 8,000-cr

The proposed IPO will be entirely an offer-for-sale (OFS) of shares by promoter Samayat Services LLP, with no fresh issue of equity shares, according to the Updated Draft Red Herring Prospectus (UDRHP)New Delhi: Supermart major Vishal Mega Mart on...

Fashion tech brand Anny raises seed funding 

In the past 15 months, Anny has experienced growth, expanding nearly 8x over the last 6 months. New Delhi: Fashion tech company Anny has closed its seed funding round, led by Faad Capital with additional backing from prominent high-net individuals (HNIs)...

Evenflow raises undisclosed bridge round, readying for IPO in 2027

The new funds will be used to expand operations and grow all seven acquired homegrown brands. New Delhi: House of Brands Evenflow has raised an undisclosed amount in a bridge round from serial entrepreneur Shail Patel and some existing investors...

Pvt equity investment in real estate down 4% to $2.3 bn in Apr-Sep: Anarock

Real estate consultant Anarock noted that the total number of deals declined to 17 in April-September this year from 24 in the corresponding period of the preceding year.New Delhi: Private equity investments in the Indian real estate sector declined...

M3M Group cuts debt by 65% in one year to Rs 1,302 cr on better sales

Gurugram-based M3M Group said in a statement on Friday that it has repaid around Rs 2,400 crore of debt from April 1, 2023 till August 31, 2024New Delhi: Realty firm M3M Group has reduced its debt by 65% since...

Swiggy gets Sebi approval to raise funds via IPO

The company's annual revenue stood at $1.09 billion as of March 31, 2023, and has more than 4,700 employees, according to Tracxn, a global startup data platformNew Delhi: Food and grocery delivery major Swiggy has received capital markets regulator...

Agilitas Sports secures strategic investment from Spring Marketing Capital

Since its launch in 2023, Agilitas has raised more than Rs 530 crore across two funding rounds led by Convergent Finance LLP, Nexus Venture Partners, and several individual investors Bengaluru: Bengaluru-based athleisure sportswear start-up Agilitas Sports has secured an undisclosed...

Peak XV Partners, 4 others sell 10% stake in Honasa Consumer worth Rs 1,601 crore

The shares were sold in the price range varying from Rs 495.01-496.12 apiece, taking the combined transaction value to Rs 1,601.71 croreNew Delhi: Peak XV Partners (formerly Sequoia Capital India & SEA), and four others on Thursday divested a...

Baazar Style Retail shares make flat market debut; list at par with issue price

The initial public offering (IPO) of Baazar Style Retail garnered 40.63 times subscriptions on the closing day of bidding on TuesdayNew Delhi: Shares of Rekha Jhunjhunwala-backed value fashion retailer Baazar Style Retail Ltd made a flat market debut on Friday...

Aamir Khan, Ranbir Kapoor invest in Xolopak’s pre-IPO round

Xolopak India is a manufacturer of organic disposable cutlery, ice cream sticks and spoon productsNew Delhi: Sustainable disposable packaging maker Xolopak India on Thursday said it has secured investments from Bollywood celebrities -- Aamir Khan, Ranbir Kapoor and Karan...

Fashion brand Theater raises $1.5 mn in pre-series A funding

The funding round was led by Mumbai-based venture capital firm Prath Ventures New Delhi: Chandigarh-based fashion brand Theater has raised around 12.5 crore ($1.5 million) in a pre-series A funding round led by Prath Ventures with additional participation from existing angel investors,...

Rekha Jhunjhunwala-backed Baazar Style Retail raises Rs 250 cr from anchor investors

The company has allotted 64.29 lakh equity shares to 28 funds at Rs 389 apiece, aggregating the transaction size to Rs 250.1 croreNew Delhi: Value fashion retailer Baazar Style Retail Ltd. on Thursday said it has collected Rs 250...

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Zepto achieves 120% revenue growth in FY24, reports strong financial performance

Zepto reduced its absolute losses, with PAT as a percentage of revenue improving significantly from -63% in FY23 to...
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