10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
E Commerce

How Dot & Key Minted Profits In A Competitive Skincare Market


SUMMARY

Dot & Key reported FY25 GMV of INR 910 Cr and NSV of INR 529 Cr, with EBITDA margins improving from 8% in FY24 to 14% in FY25

Founded in 2018, the brand focusses on clean, problem-solving skincare, backed by in-house R&D, playful packaging, and consumer-led product development, expanding across 20K+ retail outlets and 237 Nykaa stores

With 70% sales from ecommerce, 20% from its website, and 10% from offline channels, Dot & Key blends strong distribution with personalised skincare experiences to strengthen its edge in a…



Source link

by Tech In Asia

GoTo’s legal and corporate secretary said the company follows regulations for public companies and will prioritize the interests of shareholders. Source link

by INC42

SUMMARY The due diligence is done, and both sides are negotiating final terms for the cash and equity transaction If the deal closes, it will mark one of the biggest consolidation in India’s auto tech sector Notably, CarDekho entered the unicorn club in October 2021 after raising $250 Mn at a $1.2 Bn valuation. It, however, shut down its used-car retail business in 2023 after high operating costs made it unviable Listed auto marketplace CarTrade is reportedly in advanced stages to acquire rival CarDekho in a deal valued at… Source link

by INC42

From a brand known for its cool urban image and setting the Indian craft brewery benchmark, Bira 91’s survival hangs by a thread.  The startup, which has raised more than $200 Mn in funding to date from investors such as Peak XV Partners, Sofina, and Kirin Holdings, among others, is struggling to move past the slowdown that hit its business last year.   At the centre of the storm are 600 employees, the investors, and Ankur Jain, the CEO and founder of B9 Beverages Ltd, Bira 91’s parent company.  Jain is under pressure to step down… Source link