Birla Pivot eyes USD 1 bn revenue in 3 years dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Aditya Birla Group s flagship company, Grasim Industries, is launching a B2B e-commerce platform for building materials in Maharashtra and Madhya Pradesh in Q2 2024. The platform will utilise Grasim s large B2B ecosystem to address challenges in the existing supply chain, and will offer procurement, delivery, quality assurance and competitive pricing for products including cement, steel, appliances, paints and plumbing. Sandeep Komaravelly will be CEO, while Abhilash Pillai will be COO. The team includes experienced individuals from e-commerce start-ups, and Grasim plans to add new high-growth businesses. The move is part of Grasim s increasing capex, with an estimated spend of INR10,000 crore by FY25.
Wildermart, a Bengaluru based healthy and sustainable grocery store start-up has raised USD 320K seed funding round from Angel Investors to accelerate customer acquisition & retention, build brand salience and hire right talent.