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Executive Movements

Future Lifestyle Fashions Chairperson Rahul Mehta resigns

Future Lifestyle Fashions Limited (FLFL) announced that Rahul Mehta has resigned from the role of Chairperson and Independent Director on the company’s Board, with effect from January 30, 2023. According to the company’s exchange filing, “We write to inform you that Mr. Rahul Mehta, has resigned from the position of the Chairperson and Independent Director […]

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Executive Movements

Media Mantra appoints Rahul Mehta as CEO

Media Mantra, an integrated communications firm, takes a pivotal step in strengthening its leadership team with the appointment of Rahul Mehta as the Chief Executive Officer (CEO) of its operations in India. He will work directly with Udit Pathak, Founder Director, Media Mantra. Tasked with the responsibility of driving strategic business growth, Mehta will focus […]

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Investment

New Delhi-based Shiprocket adds $27 mn in new funding round

Shiprocket, India’s eCommerce Logistics and Shipping Solution provider, announced it has raised $27 million in a mix of primary and secondary capital as part of its new funding round led by Tribe Capital and March Capital. DST Global’s Rahul Mehta and Bertelsmann India Investments also participated in the round.  The round gives an exit to some […]

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Investment

Gurugram-based Cars24 turns unicorn after $200 mn funding round

Cars24, an online platform for selling pre-owned vehicles, has raised $200 million in a Series-E funding round led by DST Global at a post-money valuation of over $1 billion. Existing investors Exor Seeds, Moore Strategic Ventures and Unbound also participated in the funding round. The company will use the current funding to invest aggressively in […]

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Investment

Asian e-grocer Weee! raises $35 mn Series C funding led by DST Global

Weee!, the largest and fastest growing Asian e-grocer in the United States, announced $35 million in Series C financing led by DST Global; bringing the total capital raised to over $100 million.  The new capital will be used to further accelerate the company’s nationwide expansion and recruitment efforts. Earlier this year, former Chief Operations Officer […]