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Sequoia India

Only 8% of Indians shop for products online: Bain & Company, Sequoia India

India's social commerce sector, which is a $1.5 to $2 billion Gross Merchandise Value (GMV) market today, has the potential to grow to $16 to $20 billion in just five years, increasing to $60 to $70 billion in revenue...

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...

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...

Zomato all set to launch exciting services, raises fresh USD 60 Mn

Restaurant search and food ordering company Zomato has raised a fresh round of funding to the tune of USD 60 million led by Singapore investment company Temasek Holdings with participation from Vy Capital. The funds raised will be used for...
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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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