Retail
Consumer
Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise
Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5......
Consumer
SoftBank-backed Ola Electric's FY22 loss spirals 4x
Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the ......
Consumer
Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup
Mattress maker Springwel Mattresses Pvt. Ltd is evaluating acquisition of majority stake in a new-age startup in the ......
Consumer
Pepperfry co-founder Ambareesh Murty dies at 51
Pepperfry co-founder and chief executive officer (CEO) Ambareesh Murty died of a cardiac arrest in Leh on the night of ......
Consumer
Temasek to invest $145 mn in Mahindra & Mahindra's passenger EV unit
Singapore’s sovereign wealth fund Temasek has agreed to invest up to Rs 1,200 crore (around $145 million) in Mahindra......
Consumer
Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco
Sheela Foam, owner of Sleepwell brand, has agreed to acquire rival mattress maker Kurlon and a 35% stake in furniture ......
Consumer
Swiggy enters retail distribution market with Lynk acquisition
Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company......
Consumer
Reliance Retail eligible to bid for debt-ridden Future Enterprises
The retail arm of Reliance Industries is among three companies eligible to submit a plan for the debt-ridden Future ......
Consumer
SmartDukaan and D2C platform Clensta raise early-stage funding
Smartphone retailer SmartDukaan and direct-to-consumer (D2C) home care products startup Clensta secured early-stage ......
Consumer
EY, BDO value Reliance Retail at minimum $92 bn
India's Reliance Retail, run by Asia's richest man Mukesh Ambani, has been valued at $92-96 billion by two ......
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