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Tag: raises

Chai Waale raises Rs 1.75 crore

Chennai-based beverage start-up Chai Waale has secured a funding of Rs 1.75 crore from a slew of angel investors. The current set of angel investors include Tharun Dhariwal, ED of Dhariwal Group, Sunil Kumar Singhvi, managing partner of South Handlooms, Chennai-based HNIs Arun and Vishal Ostwal, Gunavanth Vaid of 4G Capital Ventures, and Bharat Kumar …

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Food delivery start-up MOPP Foods raises angel funding

MOPP Foods Pvt. Ltd, which operates the brand Mad Over Parathas & Pakodas, a QSR and food delivery brand, focused on popular Indian street food, parathas and pakodas, has raised angel funding. This round of funding has been led by Rahul Singh, Founder & CEO, The Beer Café. Others who participated in the round include …

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Procter & Gamble stock rises as company raises dividend

Detail view of rolls of Charmin toilet paper in a domestic home, San Ramon, California, March 25, 2020. Smith Collection | Gado | Getty Images Shares of Procter & Gamble rose 2% in extended trading Tuesday after the company raised its dividend and moved up its earnings report. The consumer products giant is raising its quarterly dividend …

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Bringg Raises $30 Million As COVID-19 Expands Delivery Volumes

Bringg, a delivery orchestration platform, has raised $30 million in a series D funding round led by Viola Growth. The new investment brings Bringg’s funding total to $83.3 million, which will help the solution provider accelerate its delivery momentum and expand its offerings to both large enterprises and SMBs. Bringg offers a delivery logistics program …

Bringg Raises $30 Million As COVID-19 Expands Delivery VolumesRead More

WH Smith raises £166m to shore up finances during Covid-19 crisis | Business

WH Smith has successfully raised almost £166m from investors after launching an emergency cash call to shore up its balance sheet while the majority of its shops remain closed during the coronavirus crisis. The retailer managed to place 15.8m shares at 1050p per share, representing a discount of 4p on the previous day’s closing share …

WH Smith raises £166m to shore up finances during Covid-19 crisis | BusinessRead More

Nykaa raises Rs 100 crore from Steadview Capital

Nykaa, an omnichannel retailer, on Tuesday said it has raised Rs 100 crore from Steadview Capital at an undisclosed valuation.Steadview is already an investor in the company started by Falguni Nayyar, an investment banker turned entrepreneur. According to a PTI report: This is a primary investment by Steadview in the nearly eight year-old venture and …

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Amazon raises overtime pay for warehouse workers, Retail News, ET Retail

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world’s largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak. Chief Executive Officer Jeff Bezos, the world’s richest person, also said on Saturday, …

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Flipkart founder Bansal’s wife raises ‘life threat from hubby’ alarm, Retail News, ET Retail

Bengaluru : Indian e-commerce pioneer and Flipkart co-founder Sachin Bansal‘s wife Priya Bansal filed a dowry harassment case against him and declared that she and her son were facing “physical, mental and emotional” threat from Bansal. “Given the position and status of Sachin Bansal and his violent and abusive behaviour towards me. I am fearful …

Flipkart founder Bansal’s wife raises ‘life threat from hubby’ alarm, Retail News, ET RetailRead More

Coffee Start-up Sleepy Owl raises second round of funding from Rukam Capital, AngelList India and DSG Consumer Partners

Sleepy Owl, a Delhi-based start-up in the ready-to-drink coffee space, has raised an undisclosed amount as growth capital in their latest round of funding. This round is led by Rukam Capital and existing investor DSG Consumer Partners & AngelList India also participated. The brand will use the proceeds from the current round of funding to …

Coffee Start-up Sleepy Owl raises second round of funding from Rukam Capital, AngelList India and DSG Consumer PartnersRead More

Cross Border Kitchens raises angel round; Shreedhar Gupta invests in his personal capacity

Cross Border Kitchens (CBK) – a multi-brand, multi-kitchen, multi-format internet-driven F&B company has raised an angel round led by Shreedhar Gupta. Gupta has invested in CBK in his personal capacity and also joins in as a board member. He comes with over 20 years of experience in setting up, running and expanding various businesses in …

Cross Border Kitchens raises angel round; Shreedhar Gupta invests in his personal capacityRead More