HealthKart Raises $153 Million in Latest Funding Round and Announces ESOP Buyback
HealthKart, a leading omnichannel nutrition platform, has successfully raised $153 million in its latest funding round, led by top investors ChrysCapital and Motilal Oswal Alternates. The round also saw participation from existing investors A91 Partners and Neo Group. This fresh infusion of capital marks a…
BlackBuck IPO: A Mixed Response as Subscription Reaches 53% on Final Day
The BlackBuck IPO—backed by Zinka Logistics Solutions Limited—is nearing its closure today, and as of the final day of bidding, the issue has been 53% subscribed. While this marks a moderate interest in the digital trucking solutions platform, the overall response has been lukewarm, with varying levels of participation…
Ritesh Agarwal Plans to Increase Stake in OYO with Fresh Rs 550 Crore Investment
Ritesh Agarwal, the founder and CEO of OYO, is set to increase his stake in the hospitality giant. According to recent reports, Agarwal is planning to buy Rs 550 crore worth of shares in OYO, which will raise his stake from 30% to 32% in the company.
This move is part of a broader strategy to strengthen his control…
Weddings are one of the most significant life events, but the cost can often be overwhelming. To make wedding planning easier and more affordable, Matrimony.com has just launched WeddingLoan.com, a dedicated platform that offers wedding loans tailored to your needs. This new initiative aims to ease the financial strain on couples looking to plan their dream wedding, offering transparent and…
Honasa Consumer Ltd., the parent company of the popular skincare brand Mamaearth, has released its financial results for the second quarter of FY25. The company reported a drop in revenue and a net loss, reflecting both challenges and ongoing strategic changes aimed at long-term growth. Despite the dip in profits, Honasa is optimistic about its future as it repositions itself for a stronger market…
Introduction: The Game-Changing Merger in Indian Media
In a bold move that’s shaking up the Indian media landscape, Reliance Industries, Viacom18, and The Walt Disney Company have officially merged their media and digital assets, forming a joint venture (JV) valued at a staggering ₹70,352 crore (~$8.5 billion). This merger brings together some of India’s most famous entertainment brands…
Former Indian cricket star Yuvraj Singh is stepping off the field and into the world of healthy snacking with his latest venture, Twiddles. This new brand promises to offer consumers a guilt-free indulgence—snacks that are not only delicious but also nutritionally balanced. Partnering with Alfinity Studios, Yuvraj is set to create a range of wholesome, flavorful products designed for the…
In a major move to enhance its logistics and distribution capabilities in India, sportswear giant PUMA India has partnered with global consulting leader Accenture. This collaboration aims to streamline PUMA’s supply chain and distribution network, making it faster, more efficient, and cost-effective. With the help of cutting-edge technologies like digital twins and advanced analytics, the…
VanEck Expands Crypto Offerings with Sui Blockchain in Europe
VanEck, a global investment firm that manages over $100 billion in assets, is adding a new digital asset to its growing lineup of cryptocurrency products. This time, the firm has launched an exchange-traded note (ETN) based on Sui, a blockchain designed by former Meta engineers. This marks a significant step forward for Sui, which has…
Bluesky Soars to 15 Million Users as It Gains Traction
Bluesky, the rising star in the world of microblogging platforms, has officially reached 15 million registered users, marking a significant milestone in its rapid growth. Just a month ago, the platform had 13 million users, making this growth spurt impressive as more and more people flock to alternatives to X (formerly Twitter), looking for a…
