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Vegetari: a homegrown brand for their own people


Vegetari: a homegrown brand for their own people
ANI |
Updated: Apr 05, 2021 12:27 IST
New Delhi [India], April 5 (ANI/SRV Media): Millions of people faced various personal and monetary losses due to the pandemic, but one such community that suffered largely was the farmer s community. Vegetari.in or as popularly called by the founders Kisan Ki Dukan is an initiative by Saurabh Lodhi and a bunch of students from Delhi University to market fresh fruits and vegetables from small farmers through their website at nominal wholesale and mandi prices.
Vegetari.in is a website that functions to bring small-scale farmers to potential customers and provide customers with fresh produce at affordable prices. It has a systematic process through which it delivers the produce from farms to doorsteps. Firstly they buy fresh fruits and vegetables from local farmers and store it in their warehouses to keep the freshness and quality intact. All p ....

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Gayam Motor Works, a Global EV Pioneer Announces USD 50Mn Investment Commitment from GEM, Seeks to Go Public in Coming Months


Gayam Motor Works (GMW)
Gayam Motor Works, a Global EV Pioneer Announces USD 50Mn Investment Commitment from GEM, Seeks to Go Public in Coming Months
Thursday, April 1, 2021 2:37PM IST (9:07AM GMT)
 
New York, United States & Hyderabad, India:
 Gayam Motor Works (GMW) today announced a US$50Mn investment commitment from Luxemberg based GEM Global Yield LLC SCS (“GEM”) as the company plans to go public. The commitment will be made available on the first day of trading or in tranches to be drawn at the company’s option over a three-year period. With certainty of the investment upon listing, GMW is now well-positioned to deliver on the company’s vision of accelerating the world’s transition towards smart and sustainable mobility.  ....

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Sebi, IFSCA look at setup for 'blank cheque companies' in India


MUMBAI: Two government regulators domestic markets watchdog Sebi and its counterpart for Gujarat’s GIFT City, the International Financial Services Centres Authority (IFSCA) are on track to facilitate launching of Special Purpose Acquisition Companies (SPACs) in India. As the name suggests, SPACs are formed with a definite purpose of acquiring one or more companies but, at the time of formation, the entities do not disclose the name(s) of the target.
SPAC-like structures have been in existence for years now, floated mainly by private equity players. But of late, they have gained popularity in the developed markets. These structures are also called ‘blank cheque companies’ since investors, other than those setting these up, usually do not know for which acquisition target or the assets of a company they are putting in money till those are bid for by the SPAC. This aspect inherently makes these structures a risky proposition for retail investors, market players said. ....

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Flipkart plans to expand grocery business


Flipkart plans to expand grocery business
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(Photo: Mint)
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Bengaluru: Walmart-owned Flipkart on Tuesday announced plans to ramp up its online grocery service to 70 cities over the next six months from 50 at present.
The expanded network will allow Flipkart to provide customers in seven metros and 40 cities such as Kolkata, Pune, and Ahmedabad access to grocery products through the company’s dedicated grocery fulfilment centres.
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In markets beyond the top metros, the e-commerce company will serve customers through a satellite-expansion marketplace model. ....

Isttarush Bhalla , Me Grocery , Big Basket , Amazon India , ஏ மளிகை , பெரியது கூடை , அமேசான் இந்தியா ,