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Ajay Piramal comes as anchor investor in new VC firm Montane

Tuesday, February 23, 2016 | More »

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Ajay Piramal, who has a string of private equity business units in the country, is now looking to dip his toes in the early-stage investment space. The family office of Piramal has come as an anchor investor in newly floated VC firm Montane Ventures, according to a report by The Times of India. Foo...

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Online grocer EkStop being shut after buyout by Godrej; half of 200 employees to go

Godrej Group is consolidating the operations of online grocer EkStop, which was jointly run by EkStop Shop Pvt Ltd and Buy Daily Retail Pvt Ltd, in a bid to push the e-com sales of its own offline gourmet food retail chain Nature’s Basket, sources privy to the development told Techcircle.in. A...

18 March, 2015 | More »

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Godrej Nature’s Basket acquires online grocery store Ekstop

Godrej Group’s hybrid retailer Nature’s Basket, has acquired online grocery and daily essentials shopping store Ekstop.com, according to a Livemint report. The financials of the deal remain undisclosed. However, the report pegs the deal value at Rs 30-40 crore, which includes Nature’s Bas...

18 February, 2015 | More »