Nykaa, affiliated with the internet fashion and beauty retail platform, is raising 125 crore rupees (nearly 15 million dollars) through non-convertible debentures. The Nykaa board has approved issuing around 12,500 non-convertible debentures at an issue price of 100,000 rupees each to raise 125 crore rupees on a private placement basis in dematerialized form, as…
The Qatar Investment Authority, one of the largest foreign investors in India, has filed a petition in an Indian court seeking to require Byju Raveendran to disclose details of his personal assets. This represents a new challenge for the education technology entrepreneur who oversaw his high-growth startup raise funds just last year. QIA, which first…
According to a report in The Economic Times, food delivery services such as Swiggy, Zomato, and BigBasket may start offering low-alcohol beverages like wine and beer in more states. Currently, only two states, West Bengal and Odisha, allow alcohol delivery to homes. However, the article suggests that six state authorities are considering a trial project…
