Page 7 - Peerzada Abrar

Shoe startup Yoho aims to fill the market gap in comfortable footwear

The direct-to-consumer footwear brand aims to enhance customer experience and product offerings following a Rs 27 crore funding boost. It will deploy the funds to drive business growth and innovation

Neuron7.ai secures $44 million in Series B led by Smith Point Capital

The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024

IBM acquires Prescinto for renewable energy asset performance management

Prescinto's APM capabilities help organisations simplify operations and maintenance to maximise ROI

Avaada Energy closes Rs 597 crore refinancing for solar projects

The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund dedicated to refinancing operational infrastructure projects

Beauty products platform Purplle raises Rs 1,500 cr in funding round

Subsidiary of Abu Dhabi Investment Authority leads in committing investment

Licious buys 'My Chicken and More' to gain physical foothold in Bengaluru

'My Chicken and More' generates annual revenues of close to ~110 crore, processing 1.8 million orders a year and its acquisition adds 23 stores to Licious' offline network

Women bring home the sales, delivering festival wins for e-commerce firms

Flipkart said that among the blue-collar workforce it has hired for this festive season, there is a 24 per cent growth in women hired compared to the Big Billion Days (BBD) sale event in 2023

Amazon Business reports over 134% growth on Corporate Gifting Store

Products such as mixer grinders, juicers, thermal drinkware, headphones, chocolates and dry fruits were among the most corporate gifting items on the e-commerce firm's business-to-business marketplace

Good Glamm Group acquires Sirona Hygiene for Rs 450 cr in all-cash deal

This marks one of the largest cash exits for a direct-to-consumer startup in the women's health and well-being space

Myntra Big Fashion Festival registers record 627 million user visits

The e-commerce firm onboarded over 1.5 million new customers, with over 80 per cent coming from non-metros

Dozee's health monitoring tech help NRIs check on their parents remotely

Dozee, with its transformative healthcare solution, has established a presence in over 280 hospitals across India and plans to expand into international markets, including the US and Africa

Uber's India based tech team helps cut down app localisation time, costs

The ride-hailing firm's India based tech Tech Teams transform 85% of app localisation process to touchless

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD

Since 2013, Amazon has invested around $6.5 billion in the e-commerce business in India

Tier-IV cities boost Meesho's festive sale; total orders increase 40%

This festive season, customers embraced self-care and home improvement, leading to growth across Meesho's categories

Amazon sees big spike for gold and diamond jewellery during festive season

As per current trends, customers are purchasing fine jewellery starting at Rs 2,000 for silver jewellery and up to Rs 40,000 for gold and diamond jewellery

Arkam Ventures targets middle India: GenAI, space tech, EVs among key areas

Arkam believe that the biggest venture outcomes over the next 15 years are going to come from founders who are reimagining and rewriting many traditional industries

E-commerce order volumes grow 20% in first 4 days of festive season sale

Despite only a marginal increase in volumes, the home decor category reported an impressive 50 per cent increase in GMV over last year

E-com retailers may clock Rs 120K cr in GMV during festive sales: Redseer

The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave

Wakefit enters Rs 1,000 crore revenue club, returns to Ebitda profitability

The sleep solutions company records a 24 per cent jump in revenue since the last financial year and remains on track to maintain its growth trajectory

Felt like a bomb blast, say locals after blaze at Tata's Hosur plant

About 1,500 workers, mainly in the morning shift, were present at the unit when the fire erupted, according to sources. All employees were evacuated, and no casualties or injuries were reported