BUSINESS
After CEO, Myntra's CFO and CMO step down
Flipkart-group has seen a number of movements including CEO Amar Nagaram put in his papers last month, three years after he was elevated to the CEO position.
STARTUP
Behind the sheen of festive sales: What it is like to work in a warehouse
Not everyone is cut out for warehouse jobs, where the hours can be long, the pay decent and the temperature slightly hotter than the outside.
STARTUP
Mosaic Wellness raises $24 million in Series A led by Sequoia Capital India
The startup has earlier raised a $10M Seed round from Elevation Capital, Sequoia Capital India & Matrix Partners along with angel investors like Jitendra Gupta, Kunal Shah & Jaydeep Barman.
BUSINESS
More Indians join NFT gold rush; experts warn of legal pitfalls, uncertain future
While crypto-savvy consumers remain the early adopters, many of them possibly for purely speculative reasons, artists themselves are still decoding the technology and its long-term legitimacy.
BUSINESS
Karnataka cryptocurrency case: The scam and the man behind it
The arrest of a computer hacker in Bengaluru a year ago led to the uncovering of a series of crimes involving online theft, drugs and Bitcoins.
BUSINESS
Uber commits Rs 100 crores towards Driver-Partner initiatives
In the early days of the pandemic, Uber Care Driver Fund was created to help driver partners during the early days of the pandemic with an initial commitment of INR 25 crores from Uber
BUSINESS
Meesho announces ESOP buyback worth $5.5 million
Last year, the company implemented its second buyback worth about USD $5 million
BUSINESS
Direct-to-consumer brands clock 2-3.5x growth in festive sales this year
Revenge shopping, faster deliveries and a revival in certain product categories have helped boost sales
BUSINESS
Chalo acquires Shuttl to foray into premium bus service
Chalo in its official statement said that the premium office bus service will continue to use the brand name ‘Shuttl’ and its current team, including key people will continue under their current roles.
BUSINESS
Thrasio raises $1 billion in funding, plans India entry
Thrasio will use this funding to continue acquiring promising brands - both domestically and internationally - while expanding distribution through additional channels.
