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Corporates

Underneat Raises US$ 6 Million In Pre-Series A Funding Led By Fireside Ventures

Underneat, India’s fast-growing mass-premium shapewear brand founded by Kusha Kapila and Vimarsh Razdan, has raised US$ 6 million in Pre-Series A funding led by Fireside Ventures. Existing investor Ghazal Alagh, co-founder of Honasa Consumer Limited, continues to be associated with the brand. The funding comes amid rapid growth for Underneat, which has crossed Rs 150 […]
Corporates

Armedangels Signs LOI For Spinnova Fibre

Armedangels has signed a non-binding Letter of Intent (LOI) with Spinnova to secure future access to Spinnova fibre volumes, marking an important step in Spinnova’s ambition to build an ecosystem that enables the wider availability of sustainable fibres in the textile market. The LOI supports Spinnova’s strategy to create a consortium of like-minded partners to […]
Corporates

Mafatlal Industries Commences Installation Of 4 MW Solar Plant At Nadiad Unit

Mafatlal Industries has initiated the installation of a 4 MWp (DC) ground-mounted solar photovoltaic (PV) power plant at its Nadiad manufacturing unit for captive power consumption. Once commissioned, the solar plant is expected to deliver significant savings in power costs for the unit, while supporting operational efficiency. The project underscores the company’s ongoing
Corporates

Nitesh Kanchan Appointed CEO Of Arrow

Arvind Fashions Ltd has appointed Nitesh Kanchan as Chief Executive Officer of Arrow, marking a key leadership move for the iconic menswear brand as it enters its next phase of growth in India. In his new role, Kanchan will lead Arrow’s strategy across product development, brand building, digital initiatives and omni-channel retail, strengthening its position […]