India’s Urban Company soars 58% above IPO price in year’s most subscribed offering

India’s Urban Company soars 58% above IPO price in year’s most subscribed offering

Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25…

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FirstClub bucks India’s speed obsession, quickly triples valuation to 0M with premium approach

FirstClub bucks India’s speed obsession, quickly triples valuation to $120M with premium approach

While quick commerce in India has become synonymous with 10-minute deliveries — and the hottest play for startups and investors — FirstClub is taking a slower, more curated route. Yet just three months after launching its app, the 8-month-old startup has tripled its valuation. At a post-money valuation of $120 million, the Bengaluru-based startup has…

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Amazon launches Lens Live, an AI-powered shopping tool for use in the real world

Amazon launches Lens Live, an AI-powered shopping tool for use in the real world

Amazon is further investing in AI-powered shopping experiences with Tuesday’s launch of Lens Live, a new AI-powered upgrade to its Amazon Lens shopping feature that allows consumers to discover new products through visual search, similar to competitors like Google Lens and Pinterest Lens. The tool will also integrate with Amazon’s AI shopping assistant, Rufus, for…

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Indian grocery startup Citymall raises M to challenge ultra-fast delivery giants

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round…

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Labubu could make B this year

Labubu could make $1B this year

Labubu is a plush monster toy, but it’s also on track to be a billion-dollar business. This week, Labubu maker Pop Mart released its financial results for the first half of 2025, giving the public more insight into just how rabid the world is for this plush monster toy. Pop Mart’s Monsters series, which includes…

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Poshmark CEO and founder to step down

Poshmark CEO and founder to step down

Fashion resale marketplace Poshmark announced on Monday that its founder, Manish Chandra, is stepping down as CEO. Namsun Kim, who has served as executive chairman since April, has been appointed as his successor.  Chandra founded Poshmark in 2011 alongside his three co-founders in a garage in Silicon Valley. Under his leadership, the company went public,…

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