aditya birla fashion

Men’s innerwear and lifestyle brand XYXX has raised Rs 110 crore ($13.5 million) in fresh funding led by Amazon Smbhav Venture Fund. Existing institutional investors including Sauce.vc, Anicut Capital, DSG Consumer Partners and Singularity…

Ecommerce rollup platform Globalbees, a subsidiary of SoftBank-backed etailer FirstCry, has started a new line of business under which it will get licences from top foreign brands across the consumer durables and appliances segment, with…

Gamitronics, the startup behind the Metaverse platform PartyNite, is in talks with investors to raise funding. The company has already raised a strategic investment of $1.5 million from Canada's Big Viking Games."We are gearing up for…

Page Industries, India's biggest innerwear firm, said direct-to-consumer companies could be a serious competition compared with traditional and established rivals, as consumers, especially younger generations, are increasingly shifting to…

Hindustan Unilever (HUL) has held talks to acquire plant-based supplement brand Oziva, multiple people in the know said, signalling the start of what could trigger a wave of consolidation in the direct-to-consumer (D2C) brand market. Oziva,…

Tensions at the world’s largest iPhone factory, which had been simmering since at least the start of October, boiled over this week.On Wednesday, videos showing hundreds of workers at Foxconn’s plant in Zhengzhou clashing with security…

When ZestMoney raised $50 million from Prosus-owned PayU and Australian fintech Zip Co in September 2021, the buy-now-pay-later (BNPL) segment was booming thanks to a pandemic-induced spike in online shopping. More than a year later the…

Aditya Birla Fashion & Retail (ABFRL) is in the final stages of acquiring a controlling stake in apparel and accessories brand Bewakoof for about 100 crore, marking its entry in the direct-to-consumer (D2C) segment. “Both companies have…