SAIF Partners
Retail
Peppertap shuts grocery delivery, lays off 150 people
PepperTap, on-demand hyperlocal grocery delivery service, has shut down its cash-burning grocery delivery operations and has decided to focus on expanding its logistics business.
According to a report in PTI: Citing issues like high customer acquisition costs and poor app...
Retail
Paytm provides 'e-payments' to Industrybuying
Mobile wallet and e-commerce company Paytm has tied up with B2B online platform Industrybuying.com in order to simplify the latter's transaction processes and cut down on the overall transaction time.
The tie-up is in tandem with Industrybuying's product and marketing...
Progressive Grocer
PepperTap completes Series B round with USD 40mn
On-demand hyperlocal grocery delivery service PepperTap has received an additional USD4 million from InnoVen Capital as part of a series B funding round which is now closed after raising a total of USD40 million.
In September this year, the company...
Retail
PepperTap taps into consumer safety with new features
In order to raise the bar for consumers' safety and convenience, hyperlocal grocery deliver startup PepperTap has launched two new features -- Number Disguising and Order Modification -- on its mobile app.
With the Number Disguising feature, the company ensures...
Fashion & Lifestyle
Jewellery retailer Senco Gold gets $13M investment
Multi-stage private investment firm SAIF Partners has invested Rs 80 crore (approximately $13 million) in Kolkata-headquartered Senco Gold Ltd, a jewellery retail chain from eastern region in India.
Senco, which is engaged in the manufacturing of handcrafted jewellery in gold,...
Retail
Senco Gold gets funding
Venture capital and private equity major SAIF Partners has informed in a media statement that it has invested Rs 80 crore in Kolkata-based jewellery retailer Senco Gold.
Addressing the media the company has quoted that it is impressed with Senco...
Retail
Kimaya in talks with PE firms to divest stake
The owners of Mumbai-based fashion house Kimaya Studios are said to be involved in preliminary talks with a host of private equity (PE) firms to divest around 20 per cent stake in the company for close to Rs.100 crore....
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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