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omnichannel beauty players: Funds make a beeline for beauty platforms; Purplle raises $100 million

ADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, is expected to join the funding round. MCaffeine, a caffeine-based skincare and haircare brand, is also in the middle of a fundraise process and exploring strategic investors. The funding would be in MCaffeines parent firm PepTechnologies, which houses skincare brand Hyphen, along with recent fundraise by Foxtale and Traya.

Prakash parthasarathyTarun sharmaAbu dhabiManish tanejaNandita sinhaSwiggy instamartDerma coOffering collegeIndian school of businessCertificate programme in data science machineTechnology leadershipTech prowessHigh value skillData sciencePremji investThird wave coffee

EMotorad factory: MS Dhoni-backed EMotorad s e-cycle gigafactory almost ready

The e-cycle maker s gigafactory is being built in four phases. It will manufacture a range of components including batteries, motors, displays and chargers. The 2,40,000-sq.ft. facility is scheduled to be inaugurated on August 15. The factory, which will become South Asia s biggest integrated e-cycle unit, is set to employ more than 300 people.

United statesSumedh battewarKunal guptaRajib gangopadhyayMahendra singh dhoniTechnology leadershipIndian school of businessOffering collegeTech prowessHigh value skillSouth asiaNorth americanAditya ozaPanthera growthEmotorad factoryElectric cycle maker

EMotorad Factory: MS Dhoni-backed EMotorad s e-cycle gigafactory almost ready, ET Auto

EMotorad Factory: The e-cycle maker s gigafactory is being built in four phases. It will manufacture a range of components including batteries, motors, displays and chargers. The 2,40,000-sq.ft. facility is scheduled to be inaugurated on August 15. The factory, which will become South Asia s biggest integrated e-cycle unit, is set to employ more than 300 people.

United statesSumedh battewarRajib gangopadhyayMahendra singh dhoniKunal guptaSouth asiaNorth americanAditya ozaPanthera growthEmotorad factorySouth asiaPanthera growth partnersMahendra singh dhoniMs dhoniElectric cycle makerKunal gupta

MS Dhoni-backed firm is building the largest electric cycle gigafactory India has ever seen

MS Dhoni-backed firm is building the largest electric cycle gigafactory India has ever seen
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United statesRajib gangopadhyayMahendra singh dhoniSumedh battewarKunal guptaBoston consulting groupSouth asiaAditya ozaPanthera growth partners

Payments platform Innoviti secures pre-IPO funding from existing investors

Payment-focused retail software-as-a-service (SaaS) platform Innoviti Monday said it has raised $4.8 million (Rs 40 crore) from its existing investors as part of its ongoing ..

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