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Skincare brand Skininspired raises $1.5mn

The funding was led by Unilever Ventures and supported by notable angel investors such as Dr Vaidya’s co-founder Arjun Vaidya. New Delhi: Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...

Footwear brand Egoss to build a new manufacturing unit

With the new unit, the company aims to triple the production capacity to 3 million units a year. New Delhi: New Delhi-based footwear brand Egoss has acquired a new production unit at Agra, a release by the company said on...

Zomato hikes platform fee in select cities

The two companies introduced platform fees last year, initially at Rs 2 per order, which has been increased graduallyNew Delhi: Food delivery firm Zomato has hiked the platform fee to Rs 6 from Rs 5 per order in Delhi,...

How will tech investments in retail turnout for 2024?

60% of industry professionals say investments in tech will increase in the remainder of the calendar year 2024 IndiaRetailing Insights: Technology investments in the retail sector will increase in the coming months according to a poll conducted by IndiaRetailing. About...

Zepto faces backlash over Rs 131 pricetag for coriander leaves; says issue resolved

Zepto drew flak when a user from Gurugram found that 100 grams of coriander leaves were listed at Rs 131 on ZeptoNew Delhi: Zepto faced social media ire after a user called out the quick commerce platform for listing...

Govt may relax 45-day payment rule for MSMEs in budget

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm, others

Founded in 2012, Purplle has granted ESOPs to 320 employees up to dateNew Delhi: Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment...

Sportking expands into e-commerce

The company has more than 100 stores in Punjab, Jammu & Kashmir and HaryanaNew Delhi: Vertically integrated textile brand Sportking has expanded its online presence pan India, the company announced on Monday. The retailer, which has more than 100 stores...

Sony India MD says country expected to overtake Japan to become 3rd largest global market in two years

At present, the US, China and Japan are the top three markets for Sony globally, followed by IndiaNew Delhi: Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in...

Accel bullish on non-urban markets; sees large cos emerging in e-comm

Accel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well as content platforms and consumer companiesNew Delhi: Several large, $1 billion-plus companies will be built over the coming decade, serving promising domains such as...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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