{
}
Purple Style Labs, backed by Binny Bansal, has successfully raised $40 million from the SageOne fund and other investors. The company emphasizes its commitment to ethical reporting and transparency, assuring readers that potential conflicts of interest will not compromise the integrity of its coverage.
Binny Bansal, co-founder of Flipkart, has launched Opptra, a Singapore-based venture focused on franchising branded consumer goods. Targeting the expanding middle class in India, Southeast Asia, and the Middle East, Opptra offers products like fashion, electronics, and kitchenware through platforms such as Flipkart and Amazon.Established six months ago with Bansal's personal investment, the company currently employs 50 staff members in India and aims to quadruple its workforce. Opptra anticipates generating $100 million in revenue within 18 months and is leveraging AI for various operational efficiencies.
Binny Bansal, co-founder of Flipkart, has launched Opptra, a Singapore-based venture focused on franchising branded consumer goods. Targeting the expanding middle class in India, Southeast Asia, and the Middle East, the company offers fashion, electronics, and kitchenware through platforms like Flipkart and Amazon.Established six months ago with Bansal's personal investment, Opptra currently employs 50 staff members in India and aims to quadruple its workforce. The company anticipates generating $100 million in revenue within 18 months and is integrating AI for various operational efficiencies.
Bengaluru-based Allo Health has secured $1.83 million in pre-Series A funding led by Rainmatter, aimed at expanding its clinic network and enhancing AI-driven treatment frameworks. Operating over 35 clinics across major Indian cities, the startup has treated over 200,000 patients since its inception. This funding follows a $4.4 million seed round led by Nexus Venture Partners.
PhonePe has appointed Manish Sabharwal, founder of TeamLease, as an independent director, succeeding Binny Bansal of Flipkart. Sabharwal will chair the audit committee and focus on enhancing the company's financial reporting integrity and risk management practices as PhonePe prepares for an IPO in the coming years. The fintech firm, which holds nearly 50% of the UPI market share, aims to strengthen its internal controls under his guidance.
Binny Bansal
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Purple Style Labs secures 40 million funding led by SageOne fund
18:40 13.03.2025
Flipkart co-founder launches Opptra for branded goods in emerging markets
05:10 13.03.2025
Flipkart co-founder launches Opptra for branded goods in emerging markets
05:10 13.03.2025
allo health secures 1.83 million dollars in pre-series a funding round
04:12 13.03.2025
PhonePe appoints Manish Sabharwal as independent director ahead of IPO
12:29 22.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Retail and Consumer Goods
Fintech Startups
Private Equity Deals
Government Economic Policies
Venture Capital Investments
Inflation and Monetary Impact
CEO Changes
Central Bank Actions
Workplace Trends
Energy Sector Developments
Corporate Social Responsibility
Economic Indicators
Emerging Startups
Countries:
Companies:
Apple Inc.
Google Inc.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
EFG Hermes Egypt
Li Auto Inc.
NIO Inc.
Delhivery Limited
Ecom Express Ltd.
Tesla, Inc.
XPeng Inc.
Morgan Stanley
Nikkei 225
Nintendo Co., Ltd.
Goto Ltd
Volkswagen AG
Mizuho Financial Group, Inc.
Mitsubishi UFJ Financial Group, Inc.
Microsoft Corporation
CATLOKI USD
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Egyptian Pound
South Korean Won
Pakistani Rupee
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Hong Kong Dollar
New Taiwan Dollar
Qatari Riyal
Malaysian Ringgit
Filipino Peso
West African CFA Franc
Thai Baht
Mexican Peso
People: