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VC-backed D2C brands resist Thrasio-style ventures, cite low valuations

Consumer

14 June, 2021

VC-backed D2C brands resist Thrasio-style ventures, cite low valuations

Many Direct-To-Customer (D2C) brands, which are heavily funded by institutional investors, are choosing to grow on their own as opposed ......

India court deals blow to Amazon, Walmart's Flipkart in antitrust case

TMT

11 June, 2021

India court deals blow to Amazon, Walmart's Flipkart in antitrust case

An Indian court dismissed pleas on Friday by Amazon.com Inc and Walmart's Flipkart to quash an antitrust investigation into the ......

Tata group picks up majority stake in e-grocer Bigbasket

TMT

28 May, 2021

Tata group picks up majority stake in e-grocer Bigbasket

Tata Sons' subsidiary Tata Digital on Friday said it has acquired a majority stake in Supermarket Grocery Supplies (SGS), the ......

US defended Amazon after article showed company bypassed Indian law

TMT

21 May, 2021

US defended Amazon after article showed company bypassed Indian law

US officials rushed to defend Amazon's business practices in India after Reuters reported in February that the company had favoured ......

Firms and founders band together against virus variant rampaging through India

Healthcare

05 May, 2021

Firms and founders band together against virus variant rampaging through India

Many firms and founders have stepped up global and local efforts in providing relief and support as India grapples with ......

Amazon leads funding for SME finance platform M1xchange

TMT

16 April, 2021

Amazon leads funding for SME finance platform M1xchange

Ecommerce giant Amazon has led a $10 million (Rs 74.4 crore) round for Gurugram-based M1xchange, which is operated by Mynd ......

Amazon floats $250 mn venture fund focused on India

TMT

15 April, 2021

Amazon floats $250 mn venture fund focused on India

Ecommerce giant Amazon on Thursday launched its India-focused venture fund of $250 million (Rs 1,877 crore), joining rival Flipkart that ......

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

General

05 April, 2021

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

Homegrown private equity fund ChrysCapital is looking to grab a 30% stake in drug manufacturer Corona Remedies for about Rs ......

Antitrust body says Reuters story corroborates evidence in probe of Amazon

TMT

22 March, 2021

Antitrust body says Reuters story corroborates evidence in probe of Amazon

India's antitrust body on Friday told a court that a Reuters report showing Amazon.com Inc gave preferential treatment to a ......

Amazon, others lead Series C round in beauty brand MyGlamm

Consumer

18 March, 2021

Amazon, others lead Series C round in beauty brand MyGlamm

MyGlamm, a direct-to-consumer (D2C) beauty brand, has raised Rs 175 crore (around $24 million) in a Series C round of ......