The Arc’s Post

💅💸 Purplle.com just got a $180 million-dollar glow-up! 🎉 Seems like Purplle.com isn’t just adding new shades to its beauty line – it’s adding $180 million to its bank account, led by Abu Dhabi Investment Authority (ADIA). Sharrp Ventures | Harsh Mariwala Investment Office has also joined in along with existing investors such as Blume Ventures and Premji Invest Meanwhile, Sharrp Ventures | Harsh Mariwala Investment Office seems to have an eye for beauty – literally. They've invested in Nykaa and now Purplle. Sharpp Ventures is also behind Mamaearth, and FirstCry.com (BrainBees Solutions Ltd.). 👶🍼💅 Purplle’s planning to boost domestic ownership from 50% to 60%, which means the company is targetting a future IPO, just like Nykaa did. 💥 #Purplle #GlowUp #SharppVentures #BeautyBattles #IPOGoals #Nykaa #Mamaearth

The move is a part of Reliance Retail’s strategy to expand its portfolio of proprietary brands. In the last two months, Tira has unveiled two private-label brands, Nails Our Way and Tira Tools Under Akind, cofounded by angel investor Mira Rajput Kapoor, the company has rolled out nine products to begin with In April last year, Reliance launched Tira to take on major players in the segment like Nykaa, Tata Cliq Palette and Sephora. . . . . #Tira #wolfofstartup #mirakapoor #akind #Akind #Tira #relianceretail #wolfofstartup #corporatemajdoor #corporatememes #startupbusiness #startupindia #startupideas #startupidea #businessidea #businessmotivation #getupandstartup #startupstory #founderstories #StartupLife #startupsuccess #marketingdigital

Foodtech giant Swiggy submitted its first updated DRHP to SEBI on Thursday, aiming to raise Rs 3,750 Cr through an initial public offering. The public offering will consist of a fresh issue of shares worth Rs 3,750 Cr and an OFS of 18.53 Cr equity shares. Based on recent share purchases at approximately Rs 350 each, the OFS is estimated at around Rs 6,485 Cr, bringing Swiggy’s total IPO size to roughly Rs 10,000 Cr. Investors, including Accel, Coatue, Alpha Wave Global, Elevation Capital, Norwest Venture Partners, and Tencent, will participate in the OFS, with Accel India IV (Mauritius) Ltd offloading 1.05 Cr shares and Alpha Wave Ventures selling 55.73 Lakh shares. This comes days after SEBI approved Swiggy's DRHP through the confidential pre-filing route. Read full story here: https://lnkd.in/gMnmAnEh #foodtech #ipo #swiggy #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

Prosus Group, Swiggy’s largest investor, could gain over $500 million by selling a 5% stake in the upcoming IPO, which is projected to value Swiggy at $11-12 billion. Other investors, including Elevation Capital, Accel, and Norwest Venture Partners, will also offload shares, as outlined in Swiggy’s updated draft red herring prospectus. Prosus holds a 31% stake through MIH India Food Holdings and aims to recover over half of its $1 billion investment by selling less than one-fifth of its shares. This sale may reduce Prosus' stake below 25%, preventing it from being classified as a promoter. In total, 185.3 million shares will be sold, with Prosus offering 118.2 million. Accel plans to sell 10.6 million shares worth about $46 million, while Elevation Capital will realise around $32 million from 7.4 million shares. Founders Sriharsha M. and Nandan Reddy are also selling portions of their stakes. Read full story here: https://lnkd.in/gs8hNfY6 #swiggy #ipo #foodtech #foodindustry #news #latestnews #startups LinkedIn News India Linkedin News Ashu Agrawal

Startups are infamous for burning money and not being capital efficient. But it is refreshing to see a company take a prudent approach. Nykaa is taking a different approach than the Q commerce guys in cost of scaling distribution It wants to move to same-day delivery but not by burning a whole lot of money. I read an interview with the 2nd generation of Nykaa leadership (Nayar siblings) in ET a couple of days back. And one answer clearly stood out for me. It is about using capital to scale up logistical capabilities. It is in response to a question about Q commerce companies raising huge funds to grow capabilities. The focus on cost and efficient capital utilization is clearly evident in the approach. Not to say whether Q commerce guys are doing it wrong, but Nykaa seems focussed on a path of fiscal prudence. That’s a company that will go places in terms of profitable growth! Link to article is in comments

Interesting development! Reliance Consumer Products stepping in to acquire TagZ Foods highlights the brand's potential despite operational challenges. It's a testament to the evolving snacking landscape in India and how D2C startups can still attract big players. Wishing TagZ Foods a promising new chapter under Reliance's wings!

FreeStand Sampling has raised $400,000 in a seed funding round led by Venture Catalysts++ | India's 1st Multi-Stage VC and Nocking Point Advisors. Indian Institutes of Management (IIM), Calcutta Innovation Park, SucSEED Ventures Indovation, and strategic angel investors Guneet Singh and Varun Singh Hooda also participated in the round. FreeStand is a B2B marketing platform revolutionizing targeted and measurable product sampling campaigns for leading Indian FMCG enterprises. FreeStand simplifies the execution of product sampling campaigns for FMCG brands by organizing and providing hundreds of sampling channels. This ensures that product samples reach the right end customer while offering brands a unique dashboard for measuring campaign performance. The platform has gained traction among major FMCG players like HUL, Nestlé, Reckitt Benckiser, L'Oréal, NIVEA, Piramal Healthcare, Cipla Health Ltd, and Emami Ltd. FreeStand’s capabilities extend across multiple channels like ad networks, e-commerce, and quick commerce including Swiggy, Flipkart, Zepto, Meta Platforms, modern retail chains, and other channels. Founders: Sneh Soni, Kavach Chandra, and Konark Sharma Follow Rise & Shine for daily startup updates. Join our daily 2-min newsletter - www.riseshine.in #b2b #campaignmanagement #ecommerce #quickcommerce #fmcg #seedfunding #venturecapital

Reliance Retail-owned Reliance Consumer Products is acquiring Shark Tank India-featured D2C snacking startup for Rs 28 crore (or approximately $3.3 million). The deal, reportedly a distress sale, comes after the startup faced significant operational challenges. Founded in 2019 by Anish Basu Roy and Sagar Bhalotia, TagZ Foods initially gained traction as an omnichannel brand selling popped potato chips, gourmet dips, and cookies through its website, e-commerce platforms, and offline retail stores. Read the full story here: 👇 https://lnkd.in/d8TFDbQM #sharktankindia #relianceretail #reliance #brand #food #startup #investors #indianstartupnews

Zepto has once again made headlines by raising $350 million in a funding round led by Motilal Oswal Private Wealth, alongside participation from major family offices like Haldiram Snacks, Taparia, and RP Sanjiv Goenka Group, and celebrity investors Sachin Tendulkar and Abhishek Bachchan. With a total of $1.35 billion raised in 2024 alone and a $5 billion valuation, Zepto is doubling down on its vision of delivering essentials within 10 minutes. Here’s what makes this a game-changer: ✅ Market Position: Zepto holds a 29% market share in quick commerce, second only to Blinkit. ✅ Scale: Over 700,000 daily orders, processed via 550+ dark stores. ✅ Financial Growth: FY23 revenue grew 14x to ₹2,024 crore, with a projection to cross ₹5,000 crore in FY24. ✅ IPO Ambitions: Plans to go public by 2025/26 and shifting its domicile to India signal long-term strategy. While the company is nearing EBITDA positivity and claims 75% of its stores are already there, profitability at scale will be the real test in this fiercely competitive market. Quick Commerce in Numbers: 📊 Blinkit: 46% market share 📊 Zepto: 29% market share 📊 Swiggy Instamart: 25% market share With its growth numbers, operational prowess, and IPO plans, Zepto is clearly one to watch in the quick commerce space. Do you think the industry can sustain such aggressive growth, or will profitability concerns reshape its trajectory? #Zepto #QuickCommerce #StartupFunding #Ecommerce #BusinessGrowth #FundingNews #RetailTech #DarkStores #MarketTrends #Innovation #Entrepreneurship #IndianStartups #Investment #EBITDA #IPO #TechStartups #ConsumerTech Tushar Kansal

💰 Where is the VC money going❓ In retail. 🛒 🛍 From having virtually zero interest 3 years ago, investors are rushing to back companies with offline retail-driven models. At least a dozen deals are underway in food, furniture, jewellery and other sectors. 1️⃣ Sumosave, a supermarket chain that also has an online presence, has received a $3.3-million investment led by Lightspeed, say people aware of the transaction. The company’s founder, Mohit Kampani, is a seasoned executive — he was the CEO of Hypermarket, owned by More Retail, and managing director of Spencer Retail. 2️⃣ Another supermarket player, SuperK, could land $5 million in a funding deal led by Blume Ventures, The Arc understands. SuperK, which operates in Andhra Pradesh and Telangana, was founded by BITS Pilani alumni Anil Thontepu Naga Purushothama and Neeraj Menta. Both worked at Flipkart earlier. 3️⃣ Cantabil Retail, a listed company running over 400 outlets of affordable fashion, raised about $6 million from Think Investments last month. Think is a hedge fund known for its bets on Dream11, Swiggy and PharmEasy. Article link in Comments 🔗 👇 #retail #consumer #funding #venturecapital #startups #india #brands