Peyush bansal articles
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Mohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft raises $26 million in seed funding
Former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch.The round was led by Peak XV Partners, formerly Sequoia Capital India, Gupta told ET, adding that the seed money will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands,...
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Ather Energy: Ather eyes new round, Nikhil Kamath buys big part of Sachin Bansal’s holding
Electric two-wheeler maker Ather Energy is in talks for raising a “significant round of funding” in a mix of primary and secondary share sale, said people with knowledge of the development.Existing investor, Flipkart cofounder Sachin Bansal, has sold a significant part of his holding in the company to Zerodha cofounder Nikhil Kamath, they said, adding that Kamath may buy out Bansal’s remaining stake in the firm. Ather Energy is also finalising plans to raise $75-90 million (about Rs 750 crore)...