Article on August 05, 2022
Nykaa To Acquire Social Commerce Startup LBB
LBB’s strengths in these very areas will complement Nykaa and Nykaa Fashion’s vision to continually enrich their consumers’ shopping journey
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Another Edtech, LEAD, Lays Off Around 100 Employees
Various other Edutech companies such as WhiteHat Jr, Unacademy, and Vedantu have also laid off their employees at several intervals
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D2C Startup Farmley Raises $6 Mn, Plans To Expand Distribution Channel
Previously, the company had raised a seed round of $2 million in 2020 from Omnivore and Insitor
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MapmyIndia Q1 Profit Rises 17.5% To INR 24.2 Cr
On the product side, revenue generated by map and data segment rose 53 per cent To INR 27.2 Cr, while platform and IoT segment revenue grew 47 per cent YoY to INR 37.8 Cr in the quarter.
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Ecommerce Platforms Can't Allow Third-Parties To Latch On To Other Sellers: HC
The court's observations were made on a lawsuit by an online clothes seller against an e-commerce platform
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Nykaa Net Profit Rises 42% To Rs 5 Cr In April-June
The company also announced opening up of its second Aveda X Nykaa salon in the country and first in Delhi
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Andhra Pradesh Seeks To Attract USD 4 Bn Investment In EV Segment
Our transition to e-mobility could be a key component in India’s drive to become carbon-neutral, the minister said
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Sunstone Launches Career Counselling Centre On Wheels
The initiative is aimed at helping undergraduate aspirants in choosing the right career opportunities and providing them an immersive experience of Sunstone’s offerings
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MeitY Startup Hub, Recur Club Join Hands To Back Tech Startups
This collaboration aims to equip startups and small businesses in IT/ITes and Electronics working to address real-world problems using technology and innovation by facilitating instant non-dilutive growth capital
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SaaS Startup Languify Raises $180K In Seed Round Led By Titan Capital
The capital will be further used to build the company's core team, for product development and growth realizing the USD 1.5 Mn of LOIs generated.
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