Entrepreneur News Network

Reliance Retail Acquires Fashion Discovery Platform Furrl

Esha Tiwary, Founder and CEO, Furrl.

BENGALURU, Aug 6 (ENN) – Reliance Retail Ventures Ltd (RRVL), India’s largest retailer, said on Wednesday it has acquired Furrl, a Bengaluru-based fashion discovery startup, in an all-cash deal for an undisclosed sum, as it looks to expand its artificial intelligence capabilities in fashion e-commerce. Furrl’s entire team, its proprietary AI styling platform and its … Read more

The Indus Valley Raises $17 Million in Series B Funding to Expand Toxin-Free Cookware Business

The Indus Valley

New Delhi: Indian kitchenware brand The Indus Valley has secured US$17 million in a Series B funding round led by Gaja Capital, as the company looks to strengthen its position in the fast-growing healthy cookware market. Existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels also participated in the investment round. The fresh … Read more

Amazon to Invest $48 Billion in India by 2030, Expands AI Infrastructure and Quick Commerce Ambitions

AMAZON with PM Modi

New Delhi: Amazon has announced plans to invest $48 billion in India between 2026 and 2030, reinforcing its long-term commitment to one of the world’s fastest-growing digital economies. The investment follows a meeting between Amazon President and CEO Andy Jassy and Prime Minister Narendra Modi, highlighting the company’s expanding focus on artificial intelligence (AI), cloud … Read more

BigBasket Appoints Former Amazon Executive Amit Nanda as CEO

Former Amazon executive is new Bigbasket CEO

Tata Group-owned quick commerce and online grocery platform BigBasket has announced the appointment of former Amazon executive Amit Nanda as its new Chief Executive Officer (CEO), marking a significant leadership transition as the company intensifies its focus on growth, innovation, and competition in India’s fast-evolving quick commerce sector. Nanda succeeds Hari Menon, one of BigBasket’s … Read more