RAMESH BAFNA
Zepto files updated papers for Rs 9,500 crore IPO; aims July listing
Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval.
Reverse flipping by Indian startups gathers steam: Here’s all you need to know
Better listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look at prominent companies that have completed or are in the process of 'reverse flipping':
Tamil Nadu Premier League 2025: Check TNPL Season 9 schedule, squads, key players and other details
TNPL 2025 Schedule and Squads: The ninth season of the Tamil Nadu Premier League (TNPL) kicks off on Thursday, June 5th, with defending champions Dindigul Dragons facing Lyca Kovai Kings. Eight teams will compete in a double round robin format across four venues, culminating in the final match on July 6th, 2025. Key players and team squads have been announced for this year's tournament.
Zepto completes reverse flip from Singapore to India ahead of IPO
Quick commerce company Zepto has completed a reverse flip from Singapore to India to become an Indian parent's entity ahead of its proposed IPO.
Trump sounds DeepSeek alarm; Zepto’s homecoming
DeepSeek’s arrival is a warning for American companies, says US President Donald Trump. This and more in today’s ETtech Top 5.
Zepto completes domicile shift from Singapore to India
Quick commerce platform Zepto has completed the reverse merger from Singapore to India ahead of its initial public offering (IPO), chief financial officer (CFO) Ramesh Bafna announced on LinkedIn.
- Go To Page 1
Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, others
Blitz, an Indian tech-driven quick commerce logistics company, secured Rs 51 crore in series A funding. The round was led by IvyCap Ventures, with participation from existing investors and angel investors. Blitz will use the funds to enhance its 60-minute delivery infrastructure and expand its dark store network to India's top 20 cities.
2023 Year in Review | who’s in, who’s out: the biggest executive moves in Indian tech & startup sector
ETtech has put together its annual list of executive changes and big movements in the startup and tech industry in collaboration with executive search firm Longhouse Consulting.
Zepto elevates Ankit Agarwal to chief product officer position
Agarwal joined the company last year, and his elevation comes after the company recently raised $200 million in fresh capital, led by StepStone, a limited partner of Nexus Venture Partners.
Zepto announces top-level changes; Vikas Sharma appointed as COO
Last month, Zepto, which is backed by Y Combinator’s Continuity Fund, had appointed Ramesh Bafna as chief financial officer.
Myntra private label head Manohar Kamath quits
Tribikram Mishra, vice-president and head of the Roadster brand, has also departed from the fashion etailer to join rollup commerce company Mensa Brands - run by former Myntra chief executive Ananth Narayanan.
Zepto hires CoinSwitch Kuber’s Ramesh Bafna as CFO
Bafna will replace Jitendra Nagpal - who joined Zepto in September 2021 - by the middle of next month, according to a statement by the firm.
Singapore-based Zilingo sells Ncinga, tech assets to Zurich-based Buyogo AG
The liquidation process caps a high-octane drama which unfolded at the Sequoia and Temasek-backed startup last year after its investors and board members received information of discrepancies in the company’s accounts, which was later investigated by risk and financial advisory solutions provider Kroll.
Singapore’s Zilingo to liquidate after crisis at fashion startup
The liquidation process spells an end to a startup whose implosion and months-long battle for survival sent shock waves through Southeast Asia and India’s tech industries.
CoinSwitch appoints DBS Bank's Shiva Tadikonda as chief compliance officer
"We are committed to building a compliant investing ecosystem that investors and regulators can trust. Shiva's experience across large regulated financial institutions will strengthen our contribution towards shaping a progressive regulatory framework for virtual digital assets (VDAs) and ensure ethics and complianceas we evolve into a preferred wealth tech destination," said Ashish Singhal, co-founder and CEO, CoinSwitch.
Myntra revenue rises 45% to Rs 3,501 crore, losses widen 40%
Myntra’s revenue growth rate, even though on a smaller base, surpassed parent Flipkart’s marketplace business’s revenue growth rate, which posted a 33% jump in revenue for FY22.
Can Bhavish Aggarwal become India’s answer to Musk or will he collapse?
In his twenties, the founder of India’s largest ride-sharing company held off deep-pocketed rival Uber to remain the country’s top brand. Now, Aggarwal wants his Ola Electric Mobility Pvt Ltd to displace Elon Musk’s Tesla Inc and China’s BYD Co. as the industry leader for electric vehicles by carving out a niche in lower cost designs.
Evenflow Brands appoints Ramesh Bafna, current CFO at CoinSwitch Kuber as its strategic investor and advisor
“He is a seasoned operator - who is able to easily oscillate between a 40,000 feet view of the business and on-the-ground everyday business challenges. As we continue to build Evenflow, I am looking forward to learning from Ramesh and benefiting from his years of experience,” Utsav Agarwal, co-founder and CEO of Evenflow said.
Zilingo COO Aadi Vaidya quits in latest blow for Singapore startup
Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response.
Former Zilingo CFO Ramesh Bafna joins CoinSwitch Kuber as finance head
Bafna had been involved in the review of the alleged financial irregularities at Zilingo as well, ET had reported on April 19.
CoinSwitch appoints Ramesh Bafna as CFO
With over 18 years of experience, Bafna has built a sustainable marketplace revenue model in e-commerce companies such as Myntra and Flipkart as well as led the finance workstreams at IT services major Wipro.
Zilingo sacks CEO Ankiti Bose: how the saga unfolded
The statement added that after Bose was suspended as CEO, she brought to the board’s attention certain harassment claims but these did not include a complaint against any Zilingo investors or their nominees. It said the company hired a top consulting firm to look into the claims.
Why Reliance is betting big on lingerie; influencers’ incomes on the rise
For one, women’s innerwear is projected to be an $8.5 billion opportunity in three years as it undergoes a transformation.
Ex-Myntra CFO tipped to be next Zilingo CEO; FM calls for global crypto rules
Zilingo, Singapore's troubled business-to-business ecommerce startup, is thinking about permanently replacing suspended CEO Ankiti Bose.
Former Myntra CFO Ramesh Bafna frontrunner to be new Zilingo CEO
This comes at a time when the Zilingo's board is thinking about removing cofounder and CEO Ankiti Bose, who is presently suspended from the ecommerce firm.
Flipkart invests $116 million in fashion retailer Myntra amid challenge from Reliance, Nykaa
The new investment comes as Myntra is facing new challenges, with Reliance's Ajio emerging as a significant second player in the online fashion market. Beauty retailer Nykaa is also venturing into fashion, which Myntra has dominated for over a decade.
Live commerce, beauty among key focus areas for Myntra, says new CEO Nandita Sinha
Sinha, who was earlier vice-president of customer growth, media and engagement at Flipkart, told ET in an interview that Myntra is focussing on building and strengthening its team with a focus on fashion and technology. Her big priority is to push internal talent, she added.
Sikaria to steer merged growth dept at Flipkart
With this Sikaria, a senior vice-president at Flipkart, has been given additional responsibilities which entails leading key segments like growth, marketing and new businesses, people aware of the matter said.
Myntra top brass exits - CFO and chief marketing officer put in papers
Prior to that Flipkart had moved Myntra’s business development head R Ayyappan to handle the business of Cleartrip, an online travel booking platform that Flipkart had acquired in April. Flipkart has appointed Sharon Pais, head of loyalty and travel at Flipkart, as the new business development head of Myntra replacing Ayyappan.
Load More
