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Flipkart Bags 7.8% Stake in Aditya Birla Fashion for 203M USD
On Friday, Aditya Birla Fashion and Retail Limited, or ABFRL, announced that it had scooped 1,500 Crore INR or approximately 203 million USD from...
LimeRoad Secures 11 Crore INR from Willmind Holdings
LimeRoad (1), an ecommerce platform, has secured 11 Crore INR from MA Willmind Holdings, a Mauritius based firm.
According to the MCA, Ministry of Corporate...
Virat Kohli Bets on Universal Sportsbiz, Backed by Sachin Tendulkar
Universal Sportsbiz Pvt Ltd, USPL (1), a Bengaluru-based fashion startup, has secured 26 million USD or about 19.3 crore INR from Virat the Indian's...
Myntra Secures 103 Million USD, Plans for International Expansion
Myntra, the fashion and retail platform (1), has secured 1,604 Crore INR or 103 million USD fundings from FK Myntra Holdings Private Limited, its...
Katrina Kaif Invests in Nykaa, a Year After Launching Kay Beauty on the Platform
The latest investment of Katrina Kaif came via a secondary transaction. Notably, earlier in 2019, the Bollywood star had launched her beauty line on...
Rare Planet Secures Undisclosed Funds in Pre-Series A Round
A Retail startup that focused on an innovative handmade lifestyle, Rare Planet (1) received undisclosed funding from Venture Catalysts, India's first and largest incubator,...
Reliance Retail Bags 5,550 Crore INR from KKR for 1.28% Stake
Earlier today, Reliance Industries Ltd. (1) has announced that it has received 5,550 Crore INR from KKR, a global investment firm. With the latest...
Avataar Secures 7 Million USD in Series A Funding Round
Avataar.me (1), a 3D AR, an augmented reality platform that offers large customers create an immersive shopping experience for its end-users, has secured 7...
Tata Group to Acquire 20% Stake in BigBasket
Tata Group (1) is looking to acquire a 20% stake in online grocery startup BigBasket. The aim behind the move is to catch up...
Myntra Secures 103 Million USD Capital Infusion
Myntra (1), the ecommerce fashion market place has received 103 million USD capital infusions ahead of the festive season sale. It received the resh...
JioMart to Start Subscription Based Commerce Service
As per reports, JioMart (1) is testing a new model based on subscription similar to its competitive players such as Super Daily, MilkBasket, and...
FreshToHome Aiming to Secure 100 Million USD
The Bangalore-based company, FreshToHome (1), talks to its existing investor, Ascent Capital, and other potential investors from the Middle East, as per the sources....
Amazon India Rolls Out Credit Card Bill Payments
The new feature of Amazon India allows users to make payment for any credit card bill using UPI or internet banking. As per reports,...
Reliance Retail Bags Investment from Mubadala, Silver Lake and General Atlantics
On Thursday, Reliance announced that Mubadala Investment Co, based in Abu Dhabi, the sovereign wealth fund would invest 6,247.5 Crore INR in Reliance Retail...
Flipkart Bags Additional 560 Million USD From Walmart
On Friday, Flipkart (1), a Bengaluru-based e-commerce giant, received 560.45 million more from Walmart as part of its 1.2 billion USD round stated in...
Hopscotch Bags 25M USD From Facebook Co-founders and Others
Hopscotch (1), a Mumbai-based online retailer, has secured 25 million USD from marquee investors. It offers kids apparel for up to 10 year age...