Three State Ventures News Today

Three State Ventures is the investment vehicle of Binny Bansal, which is sponsored through his personal capital. The filings reveal the investment was made in stages over the past few months, with the most recent injection occurring in February.

Happy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the know. Details of this and more in todays super packed ETtech Morning Dispatch.

Three State Ventures is the investment vehicle of Binny Bansal, which is sponsored through his personal capital. The filings reveal the investment was made in stages over the past few months, with the most recent injection occurring in February.

Its officially the end of Binny Bansals association with Flipkart. The entrepreneur has stood down from the board of the ecommerce company he co founded in 2007 with Sachin Bansal, people aware of developments said.

Binny Bansal has resigned from the board of Flipkart which he cofounded in 2007 with Sachin Bansal, sources said. Bansal, who is now based in Singapore, told the board about his resignation earlier this week, citing a conflict with his new venture OppDoor in the ecommerce sector.

Happy Wednesday! Beleaguered edtech major Byjus finally filed its much-delayed audited FY22 results with the Registrar of Companies. Its also holding talks to float a rights issue at a valuation of less than $1 billion. Yes, you heard it right. More on that in todays ETtech Morning Dispatch.

The earnings reports of the first two quarters of listed restaurant and food companies point to a broader trend of sluggish growth amid macroeconomic headwinds.

Binny Bansal: For OppDoor, Bansal, who exited Flipkart fully last year by selling his remaining stake to Walmart, has onboarded former Flipkart executives for the venture, people aware of the matter said.

The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore

Curefoods: The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore