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Misfits Market brings in $200M as its valuation passes $1B


Dive Brief:
Misfits Market has raised $200 million in Series C funding, bringing the total amount of money the direct-to-consumer grocer has raised to $301.5 million and pushing its valuation beyond $1 billion, the company announced on Wednesday.
The company plans to use the funding to complete its West Coast expansion and continue augmenting the array of fresh produce, proteins and pantry items it sells, according to Abhi Ramesh, founder and CEO of Misfits.
Misfits Market is riding a wave of growth driven by the shocks to the nation s food distribution system brought on by the pandemic.
Dive Insight:
Misfits is drawing heightened attention from investors as it fine-tunes its business model to take advantage of growing interest in direct-to-consumer food retailers. ....

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Welcome To IANS Live - LatestNews - Prepare now for a third Covid-wave: Thackeray to India Inc

Urging the corporate houses and industrialists to collaborate with the state government to combat the current and upcoming crises. Thackeray said India Inc. could contribute immediately by setting up Covid care facilities on their plants and premises and plans Covid-compatible workplaces for the future. ....

Thackeray To India Inc , News Service , India Private , India Inc , Maharashtra Chief Minister Uddhav Thackeray , All Rights , செய்தி சேவை , இந்தியா ப்ரைவேட் , இந்தியா இன்க் , மகாராஷ்டிரா தலைமை அமைச்சர் உத்தவ் தாக்கரே , அனைத்தும் உரிமைகள் ,

Welcome To IANS Live - NATION - Prepare now for a third Covid-wave: Thackeray to India Inc


Photo Credit: IANS
IANSLive
Mumbai, April 17 (IANS) Warning of a possible third wave of Covid-19 , Maharashtra Chief Minister Uddhav Thackeray on Saturday appealed to India Inc. to make all-out preparations to counter it right now and ensure it doesn t hit the state s industry and economy.
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Update: 17-April-2021 ....

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