MUMBAI: Third Wave Coffee, a Bengaluru-based café chain, is close to raising $80-100 million in a funding round led by existing backers WestBridge Capital and Creaegis, three people familiar with…
Category: Companies
Fundamentum Partnership launches tech-focused investment platform with ₹2,000 crore corpus
Nandan Nilekani-backed Fundamentum Partnership has launched a tech-focused investment platform – Fundamentum Frontier Advisors (F2A) – with a target corpus of ₹2,000 crore. F2A will manage Fundamentum’s Fund III, which…
Steel Exchange India net doubles in Q4 on strong demand
, a leading integrated steel manufacturer, reported that its net profit in the March quarter more than doubled at ₹12 crore against ₹5 crore logged in the same period last…
Tata Sons board to meet today; discussions on loss-making firms likely
The board of Tata Sons will meet on Tuesday, and discussions on the diversified group’s loss-making companies are likely to come up, sources said on Monday. However, sources made it…
Airtel defends ‘Priority Postpaid’ service before DoT panel, denies net neutrality violations
Bharti Airtel has defended its new “Priority Postpaid” service before a Department of Telecommunications (DoT) panel, asserting that the offering, powered by 5G network slicing, neither violates net neutrality norms…
JSW pours ₹3,000 crore into auto push, triples borrowing limit
NEW DELHI: JSW Group has infused ₹3,000 crore into its automobile business and tripled its borrowing limit to ₹15,000 crore, accelerating billionaire Sajjan Jindal’s push to build a fully-owned automobile…
Land of the rising sunscreen: Move over K-beauty, Japanese skincare products are India’s next big obsession
After Korean serums, sheet masks and elaborate multi-step regimens dominated Indian skincare routines for years, Japanese products are emerging as the next big trend as consumers increasingly switch to lighter…
Rising fuel prices drive ‘Hum Do, Humare Do E-Cycles’ trend across urban India
Rising fuel prices are pushing urban Indians toward a new mobility formula: ‘Hum Do, Humare Do E-Cycles.’ Instead of buying a single electric scooter, many working couples are increasingly opting…
You can’t control the speed of innovation, says LTM CEO Lambu
LTM Ltd.’s first year under chief executive Venu Lambu has been marked by bigger bets on growth, even as the information technology sector grapples with uncertainty around artificial intelligence (AI)-led…
Q&A: Anna Gomez is the sole Democrat on the FCC. She has a warning for big media companies
WASHINGTON (AP) — Anna Gomez wakes up every morning and checks her phone to see if President has fired her yet. For now, she remains the sole Democrat on the…