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Indian electric vehicle (EV) startup Euler Motors has secured a $50 million funding round, pushing its valuation to $200 million. As the demand for sustainable last-mile logistics grows, Euler Motors is positioning itself as a key player in the commercial…
India’s dairy giant, Amul, is set to revolutionize the dairy industry with the launch of the world’s largest curd plant in Gujarat, worth ₹600 crore. This mega facility will significantly boost curd production, cater to rising demand, and strengthen India’s…
India’s leading eyewear retailer, Lenskart, is set to file for a $1 billion IPO in February, marking one of the biggest public listings in the country’s consumer retail space. The IPO will be a significant milestone for the Peyush Bansal-led…
Mensa Brands, the Indian unicorn known for acquiring and scaling digital-first brands, has posted a ₹156 crore loss in FY24, signaling challenges in the Thrasio-style e-commerce model. Despite rapid expansion and a strong portfolio of brands, rising acquisition costs, intense…
Ola Electric, India’s leading electric two-wheeler manufacturer, has reported a ₹564 crore loss in Q3 FY24. Despite strong EV sales and growing market share, the company is facing high operational costs, rising competition, and delayed profitability. Why Is Ola Electric…
In a surprising move, food delivery giant Zomato has announced a brand name change to ‘Eternal’. The rebranding reflects Zomato’s evolving vision beyond just food delivery, hinting at possible expansions into new sectors like grocery, cloud kitchens, and lifestyle services.…
In a strategic move to expand its frozen and ready-to-eat food segment, ITC Ltd is set to acquire Prasuma, a premium frozen food brand known for its momos, sausages, and cold cuts. This acquisition aligns with ITC’s growing focus on…
E-commerce giant Flipkart is set to invest $81 million in Myntra, reinforcing its commitment to India’s booming online fashion industry. As competition in the fashion e-commerce space intensifies, this investment will help Myntra expand its product offerings, enhance customer experience,…
E-commerce giant Flipkart is gearing up for its Big Billion Days (BBD) 2025 sale by opening 550 new dark stores across India. This move aims to boost hyperlocal deliveries, reduce order fulfillment time, and enhance customer experience during its biggest…
In a shocking move, Infosys has reportedly laid off 700 fresh recruits who joined in October 2024. This development has sparked concerns about job security in the Indian IT sector, especially for fresh graduates. While Infosys has not officially commented,…
