Lithuania’s Vinted has made headlines by securing a remarkable new valuation of €5 billion (approximately $5.4 billion), following a significant secondary share sale worth €340 million ($367 million). This achievement underscores the growing strength of the second-hand fashion marketplace and its impact on the broader retail landscape.
Major Players in the Secondary Share Sale
The latest…
Delhi-based D2C design and lifestyle brand DailyObjects has successfully raised $10 million (approximately INR 83 crore) in its Series B funding round, led by 360 ONE Asset with participation from existing investor Roots Ventures. This significant capital infusion will support the startup’s ambitious plans for growth, including enhancing its distribution channels, driving product innovation…
FirstCry, the leading Indian omnichannel retailer specializing in baby and mothercare products, has reported a significant reduction in its losses for the first quarter of FY25 and announced a major investment in its UAE operations. The company, under its parent entity Brainbees Solution, achieved a 31.4% reduction in losses, reflecting its ongoing strategic focus on global expansion and…
