Ram Krishnan, CEO of PepsiCo Beverages North America, employs a unique, color-coded approach to time management that helps him efficiently navigate the complexities of leading one of the world’s largest beverage divisions. Speaking in Fortune’s ‘Champion Mindset’ series, Krishnan shared insights into his systematic strategies for balancing the demands of his role while fostering personal…
Tupperware Brands, the iconic home product manufacturer, has officially filed for Chapter 11 bankruptcy protection, marking a significant turn in the company’s history. Once a staple in American households, Tupperware is now struggling to adapt in a rapidly changing market. Here are three reasons contributing to the brand’s downturn.
1. Failure to Evolve
Tupperware’s inability to adapt to…
Venture capital firm Capital A has officially launched its second fund, targeting a corpus of ₹400 crore. This new fund is set to focus on a variety of sectors, including manufacturing, deeptech, climate technology, and fintech startups. With an eye towards backing innovative technologies and transformative business models, Capital A aims to play a significant role in shaping the future of these…
z21 Ventures, a leading venture capital firm focused on early-stage technology investments, has announced the successful first close of $20 million for its $40 million Fund II. This funding round features WestBridge Capital as the anchor investor, a respected global investment firm known for its strategic approach and robust portfolio. This announcement comes swiftly after the launch of z21’s…
Elivaas, an innovative platform specializing in the management of luxury villas and apartments, has successfully raised $5 million in a Series A funding round led by 3one4 Capital. The funding round also attracted participation from Peak XV’s Surge and several prominent angel investors. This new capital will enable Elivaas to enhance its proprietary technology platform, expand its market…
In a significant move to bolster its presence in the U.S. hospitality market, OYO, the India-based parent company of Oravel Stays, has announced its acquisition of G6 Hospitality, the franchiser of the well-known Motel 6 and Studio 6 brands, for $525 million. This all-cash transaction, backed by Blackstone Real Estate, is expected to close in the fourth quarter of 2024, pending customary closing…
Berlin-based startup SIRIUS has successfully raised $4 million in Seed funding to enhance the online music education experience for students and teachers alike. Founded in 2020 by data scientist and piano enthusiast Sebastian Riegelbauer, SIRIUS addresses the pressing challenges faced by music teachers and learners, particularly in urban areas where long waiting times for lessons are common.
The…
Digital banking startup Freo, backed by Peak XV, is set to relocate its domicile from Singapore to India, marking a significant shift in the startup landscape. This move aligns with a growing trend of startups returning to their home market, driven by the expanding opportunities within India’s financial sector.
Freo, which operates under Singapore-headquartered MyCash Fintech, is in the early…
Engine, previously known as Hotel Engine, has secured $140 million in Series C funding led by a private equity firm advised by Permira, boosting its valuation to $2.1 billion. This marks a significant 62% increase from its prior valuation of $1.3 billion following a $65 million Series B round in late 2021.
This growth comes amid a challenging environment where many startups are facing flat or…
Tata Consultancy Services (TCS), a leading global IT services and consulting firm, has announced a landmark partnership with Golden Arches Development Corporation (GADC), the master franchise holder of McDonald’s in the Philippines. This two-year collaboration marks TCS’s first engagement with the fast-food giant in the Asia-Pacific (APAC) region, aiming to digitize and standardize the IT…
