Unlisted Companies

Reliance Retail Valuation update

In a recent report on Reliance and JIO Financial Services demerger, Jefferies has come up with a SOTP (Sum of the parts) valuation for Reliance Industries Limited (RIL). In the…

RS Sodhi roped in by Reliance Retail to spearhead grocery business

According to the Times of India, RS Sodhi, the former MD of the Gujarat Cooperative Milk Marketing Federation (GCMMF), which retails the Amul brand, has been hired to build Reliance…

Byju’s raises $700 million in a new funding round

According to two sources familiar with the development, Edtech behemoth Byju's has raised $700 million at a flat valuation of $22 billion through two separate equity and convertible note deals.…

Hero Fincorp is planning an IPO after raising funds from associate companies and others

Hero Fincorp, the finance arm of two-wheeler major Hero Motocorp, is planning an initial public offering (IPO) soon after completing a Rs 2,000 crore funding round recently. Hero MotoCorp, its…

Soft Drinks to Soap – Reliance Unveils Big Price War plan

Following the relaunch of Campa, which sparked a price war in the soft drink segment, billionaire Mukesh Ambani's Reliance has entered the FMCG personal and home care segment, offering products…

Refund 300 crores To NSE; Supreme Court to SEBI

The Supreme Court on Monday ordered the Securities and Exchange Board of India (Sebi) to refund the National Stock Exchange (NSE) 300 crore as part of a disgorgement order. The…

boAt earns Rs.2,873 cr in revenue in FY22, but profits fall 20%.

In India, consumer electronics startup boAt maintains its dominance in the wearables and wireless audio accessories markets. For two consecutive fiscal years, FY21 and FY22, the company's scale increased by…

Bira’s parent company raises $10 million from MUFG Bank

B9 Beverages, the owner of the Indian craft beer brand Bira 91, has raised $10 million from Japan's largest bank, MUFG Bank, just months after receiving $70 million in a…

Will Campa Cola Keep its Fizz in a New World?

Campa Cola, the iconic brand, has made a comeback after nearly 30 years. Reliance Consumer Products Ltd, a subsidiary of the Reliance Group, is launching the Campa brand in cola,…

Mukesh Ambani’s AJIO Luxe is such an unbelievable growth machine!

AJIO.com is growing damn well. And AJIO Luxe is growing so much faster than even that! 🙌 .. But wait a sec. Most people don’t know that Luxe and AJIO are two…