Tag: meesho
New-age firms cushion Q1 raw material, diesel cost shock with price hikes, efficiencies
Despite a rise in raw material, packaging, and diesel costs during the April-June quarter, driven in part by higher crude prices and geopolitical tensions, new-age…
Silicon Valley’s South Park Commons bullish on India’s deeptech space
South Park Commons (SPC), the San Francisco-based founder collective and early-stage investor that’s backed unicorns such as Luma AI, Baseten, Cognition AI, and Replit, is…
ETtech Explainer: Why is Meesho building a low-cost logistics network for grocery?
Value ecommerce platform Meesho is taking a second shot at grocery, but this time via a business-to-business (B2B) retail play and a separate local logistics…
India allows FDI in ecomm inventory model for exports
NEW DELHI: India on Thursday eased its FDI policy to allow foreign direct investment in the inventory-based model of ecommerce exclusively for export purposes, in…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
Tech IPOs find stable ground in India’s deepening markets: B Capital
India’s IPO pricing for venture-backed companies has stabilised in recent times as the market has got deeper, propped up by domestic mutual funds, according to…
Where are the unicorns of 2021
Synopsis In 2021, India witnessed a surge of 39 startups achieving unicorn status. Following a period of easy funding, these companies, including Cred and Meesho,…
Young, loss-making startups keep OFS portion lean as investor scrutiny grows
Young, loss-making startups preparing for initial public offerings (IPOs) are increasingly keeping the fresh issue component large to fund their growth plans as investors grow…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…
SoftBank books 7x returns as Lenskart emerges top India bet
SoftBank has clocked about 7x returns from a partial stake sale in Lenskart, making the eyewear retailer one of the Japanese investor’s strongest shows in…