Mamaearth IPO
Posted in Business

Mamaearth, Gearing Up for IPO, Reports INR 151 Cr Loss in FY23 Due to Goodwill Impairment

by SA TeamPosted on

Three points you will get to know in this article: Mamaearth, the direct-to-consumer (D2C) unicorn gearing up for its IPO, faced a financial setback in the fiscal year ending March 31, 2023, due to a one-time loss. The parent company, Honasa Consumer Limited, helmed by the husband-wife team Varun and Ghazal Alagh, witnessed a shift from the previous fiscal year’s…

Inc.5
Posted in BusinessEcommerce

Footwear Brand Inc.5 Shoes Raises $10 Million in Series A Funding

by SA TeamPosted on

Three points you will get to know in this article:• The direct-to-consumer (D2C) market in India is rapidly growing, with the fashion and clothing segment expected to reach $43.2 billion by 2025.• Inc.5 Shoes plans to expand its presence in urban areas and target Tier 2 and select Tier 3 cities.• Mumbai-based footwear brand Inc.5 Shoes raises $10 million in…

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