In an exclusive interview with the Economic Times, Albinder Dhindsa, founder and CEO of India’s largest quick commerce firm, Blinkit, stated that it is a misconception to believe that its heavily loss-making rivals will achieve profitability simply because the Gurgaon-based company has managed to do so.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment