Unicommerce acquired 42.7% stake in Shipway for INR 68.4 Cr and plans on acquiring the remaining stake in Shipway within a year via a merger or stock swap.
OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners.
Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his
Ethnic Wear D2C Brand Libas Raises INR 150 Cr From ICICI Ventures for accelerate offline expansion across geographies, and ramp up its exclusive brand and retail outlets across key metros and Tier-1, 2, and 3 cities.
0 replies3 likes
Harsh Dwivedi
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Medial • 10m
Top News Of the Day:
1. Fintech lending startup, Aye Finance, has raised a debt funding of INR 137 crore (around $16.6 million) from Germany-based Invest in Visions
2. Elevate Foods, a startup focused on supporting Indian farm-gate processors in ac
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18 replies39 likes
Akshat kumar Jain
Stealth • 8m
Wow Momo has doubled its revenue every year
Founded in 2008, Wow! Momo has become a national phenomenon with over 500 outlets across 25 Indian cities. Let's dive deeper into their impressive FY23 financials
Revenue Soars: Total revenue, including
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1 replies4 likes
Aarihant Aaryan
Stealth • 4m
In last one year, India has added 5Lakh+ businesses into the 1 cr to 10 cr revenue club.
8 replies14 likes
Anil Baviskar
Stealth • 1m
I want funding of 1 cr to open 100 cloud kitchen in mumbai only for pure vegetarian custmer