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Wooden Street raises Rs 354 cr in series C funding from Premji Invest

Founded in 2015, the brand operates on a company-owned company (COCO) model, with over 100 experienced stores nationwideNew Delhi: Furniture and home-decor brand Wooden Street has raised a Series C funding round of Rs 354 crore led by global...

Jewellery retailer Giva raises Rs 255 cr in funding round

Giva plans to use the funds for expansion across India and to enable strategic investor exits, the company said in a statementNew Delhi: Jewellery retailer Giva on Monday said it has raised Rs 255 crore in a funding round,...

Nisara Beauty partners with Purplle Stores for offline expansion

The brand will now be available in around 16 Purplle stores nationwide New Delhi: City-based luxury perfume brand Nisara plans offline expansion through a strategic partnership with Purplle stores across India, the company said in a release on Friday.With this launch, the brand...

Purplle opens its doors at Laxmi Nagar Delhi

Founded by Manish Taneja and Rahul Dash in 2012, Purplle specializes in beauty and grooming & salons and spa.New Delhi: Mumbai-based online personal care and beauty platform Purplle.com has opened a new store in Laxmi Nagar, Delhi a social...

iD Fresh Food ready to take the coffee market by storm

iD Fresh Food, one of India’s largest fresh food brands, has announced the launch of three unique blends of first-of-its-kind Instant Filter Coffee Liquid. A treat for true connoisseurs, iD Instant Filter Coffee Liquid has been steadily disrupting the non-alcoholic...

Blackstone invests in Future Lifestyle Fashions and its Holding Company

Blackstone and Future Lifestyle Fashions Limited announced that funds managed by Blackstone have invested Rs 1,750 crore (including by way of debentures) in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone...

L Catterton Asia to acquire 10 pc stake in Future Lifestyle Fashions

Future Lifestyle Fashions announced that L Catterton Asia, the Asian unit of the largest and most global consumer focused private equity firm in the world, will make a significant investment in Future Lifestyle Fashions.L Catterton Asia will acquire an...

Lenskart invests US $1 million in US start-up Ditto

Online eyewear firm Lenskart said it has invested US $1 million in Ditto to pick up a minority stake in the US-based start-up. Lenskart already uses Ditto's 3D try-on services on its website and app. Further integration will help Lenskart enhance...

Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
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Latest News

DLF Q3 net profit jumps 61% to Rs 1,059 cr, revenue rises to Rs 1,737 cr

Total income rose to Rs 1,737.47 crore in the third quarter of this fiscal from Rs 1,643.51 crore in...
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