Category: Startups
D2C startups in big FMCG bag, but still shy of gains
Direct-to-consumer (D2C) startups leapfrogged the scale of their businesses after getting acquired by India’s top consumer goods companies, but profits remain elusive, showed an analysis…
Blinkit CEO issues warning to brands over fake listing claims
Blinkit chief Albinder Dhindsa warned brands about rising fraudulent activities in product listings on the platform. “We’ve recently seen cases where fraudsters claim they can…
Lenskart gets Sebi nod for Rs 8,000-crore IPO, aims for November listing: sources
Eyewear retailer Lenskart has received an approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), people briefed on…
WeWork India IPO opens to slow start, subscribed 4% on first day
The WeWork India IPO opened to a tepid response. The Rs 3,000 crore issue was booked only 4% at the end of bidding on the…
Mexican fintech Kapital plans IPO within three years, CEO says
Mexican financial technology firm Kapital could pursue an initial public offering (IPO) within the next three years, Chief Executive Rene Saul said on Thursday. “In…
Kerala to incentivise businesses that meet ESG goals
Kerala’s new environmental, social, and governance (ESG) policy seeks to provide incentives to existing and new investments promoting the state’s ESG goals. The first such…
DoorDash finalises its $3.9 billion acquisition of UK’s Deliveroo
DoorDash has finalised its acquisition of the U.K. food delivery company Deliveroo, saying Thursday that the boards of both companies approved the nearly $4 billion…
Zomato partners with HDFC Pension to launch NPS model for delivery partners
Eternal-owned Zomato has collaborated with HDFC Pension to launch NPS Platform Workers Model for its delivery partners, aimed at providing them retirement security under the…
ECB picks AI startup to prevent digital euro frauds
The European Central Bank said on Thursday it had picked a Portuguese startup focussed on artificial intelligence to help prevent frauds in its planned digital…
AI data analytics startup Dataiku plans for US IPO, sources say
Dataiku, an artificial intelligence data analytics startup, has hired investment banks to push ahead with an initial public offering, according to people familiar with the…