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2 months ago | 
flipboard.com | Vaibhavi Khanwalkar |Ajay Rag
6 hours agoPerplexity CEO says its browser will track everything users do online to sell ‘hyper personalized’ adsPerplexity doesn’t just want to compete with Google, it apparently wants to be Google. CEO Aravind Srinivas said this week on the TBPN podcast that one reason Perplexity is building its own browser is to collect data on everything users do outside of its own app.
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2 months ago | 
flipboard.com | Ajay Rag
9 hours agoTruck drivers in India provide an essential service to villagers in the Himalayas when they transport food, water, and medicine to remote regions. But the crucial work comes at a deadly cost.
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Mar 19, 2025 | 
economictimes.indiatimes.com | Ajay Rag
Synopsis Overvalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original price, raising doubts about the sustainability of the roll-up model. This has triggered a wave of legal disputes and financial restructuring in the industry.
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Jan 6, 2025 | 
m.economictimes.com | Jessica Rajan |Ajay Rag
D2C brands and quick commerce platforms are experiencing a surge in demand for health and fitness products as consumers focus on fitness and personal wellbeing. Companies like Healthify and Boldfit report significant revenue increases, and fitness wearables and protein-based items see heightened sales, particularly in Tier II and Tier III cities.
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Nov 9, 2024 | 
m.economictimes.com | Ajay Rag
The evolving pet parenting culture in India is driving a surge in the pet fashion market. This festive season, sales of pet fashion items like sherwanis, kurtas, lehengas, and accessories have doubled. Brands are competing for a share of this growing market, which is expected to reach Rs 500 crore in the next five years.
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Oct 30, 2024 | 
economictimes.indiatimes.com | Ajay Rag
Swiggy has set the price band for its Rs 11,300 crore initial public offering ( IPO ) at Rs 371-390 per equity share of the face value of Re 1, according to an announcement by the Bengaluru-based Food and grocery delivery company on Wednesday.The IPO will be open for subscription from November 6-8.ET had reported on Monday that Swiggy would issue shares within this price range.
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Oct 30, 2024 | 
economictimes.indiatimes.com | Ajay Rag |Digbijay Mishra
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Oct 29, 2024 | 
economictimes.indiatimes.com | Ajay Rag
As pet parenting in India evolves, with pets now recognised as family members and discretionary spending on them rising due to the quick-commerce frenzy, fashion products for dogs and cats are carving a spot in people’s festive season shopping budgets.Sales of pet fashion products have doubled this festive season compared to business as usual, with quick-commerce and ecommerce platforms pushing more pet parents to explore festive-themed offerings for their beloved animals, industry executives...
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Oct 27, 2024 | 
economictimes.indiatimes.com | Ajay Rag
Consumer appliances maker Atomberg Technologies reported a 31.4% increase in operational revenue to Rs 848 crore for 2023-24 from Rs 645 crore in the previous financial year.However, its net loss widened about 46.3% to Rs 202 crore from Rs 138 crore during this period.The company’s cofounder Sibabrata Das told ET that losses increased over the past two financial years due to fresh employee stock ownership plan (ESOP) grants, management bonuses and fundraising expenses.
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Oct 14, 2024 | 
economictimes.indiatimes.com | Ajay Rag
ETtechJetapult cofounders Sharan Tulsiani (left) and Yash Baid with UMX Studio CEO Ali Alharbi (middle)Bengaluru-based gaming investment company Jetapult, backed by the likes of Accel and Fireside Ventures, has taken the majority stake in Saudi Arabia-based game developer UMX Studio through an all-cash transaction of $4.5 million (about Rs 37.8 crore). It marks the company’s first investment in the Middle East and North Africa (MENA) region.
