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Info Edge digs in; rules for crypto ads; Mamaearth valued at $730M


Info Edge digs in; rules for crypto ads; Mamaearth valued at $730M
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Zomato’s public listing made a lot of investors rich, but none more than
Info Edge. In an interview, its founder told us the company plans to hold on to the bulk of its 15% stake as it still sees huge potential for Zomato to grow.
Also in this letter:
Inside IISc Bangalore s Incubation Lab
We have the luxury of being really patient: Info Edge founder ....

Deepinder Goyal , Navin Surya , Nischal Shetty , Coinswitch Kuber , Varun Alagh , Rakesh Jhunjhunwala , Samidha Sharma , Sanjeev Bikhchandani , China Music Corporation , Global Tech Support Scam Research , Iisc Bangalore Incubation Lab , Association Of India , Advertising Standards Council Of India , Tencent Holdings , Aurum Group , Microsoft Corp , Crypto Assets Council , Bombay Shaving Company , Society For Innovation , Sequoia Capital , Ali Baba Group , Indian Institute Of Science Bangalore Iisc , Info Edge , Mobile Association , Last Thursday , Advertising Standards Council ,

Mamaearth funding: Mamaearth valued at $730 million as Sofina leads $50 million funding


ETtech
Illustration: Rahul Awasthi
Mamaearth has closed a $50 million funding round led by Belgian investment fund Sofina, valuing the direct-to-consumer (D2C) personal care brand at $730 million, one of the most valued new-age D2C brands in the country.
Existing investor Sequoia Capital also participated in the round, while early investors Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital sold some stakes in a secondary transaction, the company said.
In a secondary share sale, the money does not flow into the company directly but goes to investors selling their stakes.
The latest fundraising round was mostly in the form of primary capital infusion, while there was also a share buyback from some of its early employees. ....

Varun Alagh , Yana Kachurina , Ghazal Alagh , Bombay Shaving Company , Sequoia Capital , Derma Co , Fireside Ventures , Stellaris Venture Partners , Sharp Ventures , Titan Capital , Sofina Ventures , Amazon India , Sugar Cosmetics , Goat Brand Labs , Mensa Brands , Goat Brand , Tiger Global , குண்டு சவரன் நிறுவனம் , சீக்வோயா மூலதனம் , தோல் இணை , ஃபயர்சைட் முயற்சிகள் , கூர்மையான முயற்சிகள் , டைட்டன் மூலதனம் , சோஃபினா முயற்சிகள் , அமேசான் இந்தியா , சர்க்கரை அழகுசாதன பொருட்கள் ,

Mamaearth secures $50 Mn funding, its valuation touches $730 Mn


By
siliconindia  |  Monday, 26 July 2021, 03:58 Hrs
Mamaearth gets $50 million funding round led by Belgian investment fund Sofina. This fundraising has raised the company’s valuation to $730 million. One of the most valued new-age D2C brands in the country. Existing investor Sequoia Capital also participated in the round, while early investors Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital sold some stakes in a secondary transaction, the company said. In a secondary share sale, the money does not flow into the company directly but goes to investors selling their stakes.
“The plan is to double the sales by 100 percent this year. Because of Covid-19’s second wave, offline expansion was halted, but now we plan to deepen our offline presence,” states Alagh, Founder, Mamaearth. ....

Yana Kachurina , Sequoia Capital , Derma Co , Fireside Ventures , Stellaris Venture Partners , Sharp Ventures , Titan Capital , Investment Manager , Sofina Ventures , சீக்வோயா மூலதனம் , தோல் இணை , ஃபயர்சைட் முயற்சிகள் , கூர்மையான முயற்சிகள் , டைட்டன் மூலதனம் , முதலீடு மேலாளர் , சோஃபினா முயற்சிகள் ,