Newsroom

Recode Studios has signed a term sheet to acquire up to 51% equity in Aflairza Professionals, the company behind premium beauty brand Aflairza, in a deal structured across two phases combining promoter share purchases with fresh capital infusion. Phase one sees Recode acquire a 33% stake for Rs 8.32 crore, split evenly between buying promoter … Read more

District by Zomato has partnered with Etihad Arena, the UAE’s flagship indoor entertainment venue, to make it easier for global audiences to discover and access live events on Yas Island – from concerts to sports to large-scale entertainment experiences. The tie-up brings Etihad Arena’s event calendar directly onto District’s going-out platform, which already lets users … Read more

Instamart has tied up with Hindustan Petroleum Corporation Limited (HPCL) to launch on-demand LPG cylinder delivery on its quick commerce platform, starting in Bengaluru. The partnership also introduces HPCL’s newly launched HP Navya 10 kg composite LPG cylinder to the app, alongside the standard 5 kg metal cylinder. The HP Navya composite cylinder is lighter, … Read more

BigBasket is set to scale down its geographical footprint from 76 cities to just 40, according to an ET report citing sources, as the Tata Digital-owned grocery platform looks to curb cash burn and chart a path to profitability amid intensifying quick commerce competition. The consolidation is being driven by newly appointed CEO Amit Nanda, … Read more