FMCG giant Emami is all set to acquire men’s grooming brand The Mann Company. This will be the company’s first full-fledged acquisition in the D2C sector. The deal is valued at around Rs 400 crore and is in the final stages.Emami already holds over 50% stake in The Mann Company, while the remaining stake is…
A Japanese marketing startup, Piala, found a clever way to boost employee health and productivity! Smokers were taking breaks throughout the day, but everyone clocked out at the same time. This meant non-smokers were basically working a little extra. To keep things fair and encourage a healthy lifestyle, Piala decided to offer non-smokers up to…
A high flying fintech Unicorn, Slice has emerged a winner yet again, as the Nation Company Law Tribunal(NCLT) okays the merger between the company and the North East Small Finance Bank(NESFB). This partnership that was announced back in October fits in well in the company’s plan to revolutionize banking services. The tie up of Slice’s…
PhonePe, a Bengaluru based fintech start-up has introduced a credit line feature on the unified payments interface or UPI. This new function enables the consumers to avail the small ticket credit facilities right through the UPI payments. Also, the merchants can now allow the customers to make payment through credit on the payment gateway of…
Bluestone A Retail jewellery chain has raised $970 million in pre-initial public offering funding. Such a huge funding from other elite investors such as Peak XV Partners, Prosus, and Steadview Capital puts Bluestone in a good stead in its market entry. It intends to submit the paperwork for its IPO in the next few months….
The valuation of PharmEasy’s parent, API Holdings, has taken a serious beating. From being valued at $5.6 billion, it came down to $458 million, which is a drop of 92%. It was due to a number of factors, including some really unfavorable market conditions and investor concern. Janus Henderson, one of PharmEasy’s investors, cut the…
UPI platforms PhonePe and Google Pay saw a marginal decline in their total volume while the third largest player Paytm recorded a stagnant growth in the last month.Overall, UPI saw a marginal dip of approximately 1% in total transaction volume to 13.9 billion in June from 14 billion in May. Moreover ,the transaction value also…
’Zoff Spices founder, Srijan has recently stepped into a new journey with a seed capital of Rs 40 crore to help the Indian food processing industry. This funding will help to accelerate the company’s future plans to diversify its product portfolio, improve its sales and distribution network, and increase the awareness of the brand. As…
Uppercase, A startup from Mumbai, focused on sustainable travel accessories, has recently closed a large round of funding in the amount of $ 9 million in a B series, the leader of which became Accel. This injection of capital takes the total funding of the company to a significant $17. 9 million customers since the…
