Photo: Tech Story
CRED Avenue Raises USD 137 Million Investment
CRED's marketplace value goes high with USD 137 million. Led by a New York-based venture and a private equity firm Insight partners with their own value of USD 1.3 million. More to join the round were new investors B Capital Group and Dragonbeer with the existing ones present Sequoia Capital, TVS Capital and Lightrock. CREDAvenue recently acquired Spocto, a digital firm.
Tags: CRED, Avenue Supermarts, Company, investors, retail investors
Courtesy: Mint
Photo: Money Control
Retail Chain D-Mart Registers 46.6% Growth In Q2 Revenue
The retail chain D-Mart by Avenue Supermarts Ltd has registered a 46.6% growth in its revenue for the second quarter in September 2021. The current revenue stands at Rs 7,649.64 crore compared to last year's Rs 5,218.15 crore in the same quarter. Reportedly, the company, promoted by Radhakishan Damani and his family, sells basic home and personal products in India.
Tags: Avenue Supermarts, D-Mart, revenue, Second Quarter
Courtesy: The Free Press Journal
