Riverwood Capital’s Post

Here’s a snippet of Siddhartha Nangia, our Co-Founder, at the D2C Insider CXO Meet. Together, with distinguished panelists, he provided valuable insights on evolving business models, lessons on team building, and how to scale your business from zero to 100. #Smytten #GetSmytten #D2CInsider #CXOMeet

🚀 Zepto's Rapid Growth Continues to Impress 🚀 1. Strong Investor Confidence: Lightspeed India reaffirms its confidence in Zepto's rapid growth, execution capabilities, and efficient store operations in the quick commerce space. 2. Valuation Surge: Zepto’s valuation skyrocketed to $5 billion, significantly outperforming its previous valuation of $1.4 billion. 3. Immense Potential in Quick Commerce: Despite limited geographical presence, Zepto has a massive opportunity to leverage India's growing demand for quick and convenient grocery deliveries. 4. Future Dominance: With ongoing investment and expansion, Zepto is well-positioned to become a dominant player in India’s quick commerce market. Rishabh Kale

During a conversation between Uber's CEO Dara Khosrowshahi and Infosys Chairman Nandan Nilekani, Khosrowshahi discussed the turnaround of Uber, the importance of the Indian market, and the potential impact of the Open Network For Digital Commerce (ONDC) initiative. He acknowledged the challenges that come with operating in India, describing it as one of the toughest markets to succeed in. However, Khosrowshahi also expressed his belief that if Uber can succeed in India, it will set the standard for success in other markets. #indiamarket #uber #ecommercebusiness #ondc #mondaymotivation #supplychain #ecommerceplatform Rahul Antony, Pramod Nair Baskaran, Kiran Cherian Peter, Dheeraj Kumar, Subhajit Gope, Vishwas Tawde, T Koshy.

Hear it from the one who seized the funding from Shark Tank! In this step of nurturing creativity and innovation, we are with Kalakaram! Chaitanya Malhotra, the Co-Founder and CEO, acknowledges the 4+ successful years with Unicommerce. The master of the DIY niche, Kalakaram is not just crafting projects. They are crafting a future- one artistic adventure at a time. This journey of seamless expression requires a seamless workflow. Unicommerce creates an organized palette for Kalakaram so that no artist is away from expressing. “ To have the entire inventory in one place is the biggest boon and advantage,” says Chaitanya. We are thrilled to share this fantastic collaboration. Kalakaram India Pvt.Ltd. #Unicommerce #ecommerce #ecommercemarketing #testimonial #ecommercegrowth

Rozana.in, India’s leading rural commerce platform, has secured $22.5 million in a funding round led by Bertelsmann India Investments (BII). The round also saw participation from Fireside Ventures and 3one4 Capital, along with continued support from other existing investors. Rozana aims to use the new funding to drive growth across three key areas:  - Expanding warehousing and logistics for a wider reach 🌐🚚 - Enhancing their technology platform for a better user experience 💻 - Strengthening their tech, product, and operations teams to support efficient expansion 📈 Rozana’s unique model empowers rural communities through a network of local "peer partners," primarily women, who act as promoters, facilitators, and micro-entrepreneurs. With over 90% of users being first-time e-commerce customers, Rozana is bringing digital commerce to previously unserved communities to unlock the massive potential of rural India's $1.5 trillion market. Congratulations to the Rozana Team! 🙌 Ankur D. | Adwait Vikram Singh | Mukesh Christopher Read more: https://t.ly/rHOVu

#StartUpNews | From aspiring to be the next # Mart to terming Zepto's growth as growth in multiple and not percentages, here are 5 bold statements that CEO Aadit Palicha made during his interview with Shereen Bhan on Young Turks By: Akhil Vishwanath

𝗗𝗲𝗺𝘆𝘀𝘁𝗶𝗳𝘆𝗶𝗻𝗴 𝗢𝗡𝗗C: 𝗕𝗲𝘆𝗼𝗻𝗱 𝗠𝘆𝘁𝗵𝘀 & 𝗛𝘆𝗽𝗲𝘀 | 112th Edition of NASSCOM FAYA:80 led by Thomson Skariah Thayil (CEO, Rapidor) and Nitin Nair (Senior Vice President, Open Network For Digital Commerce (ONDC)) What is ONDC? ONDC aims to democratize digital commerce, providing a level playing field for all market players. It's an initiative designed to foster innovation, inclusivity, and growth across the digital commerce ecosystem, leveraging India's robust digital infrastructure. The Potential: With over 12 million sellers in India, yet only 0.125% have enabled e-commerce, ONDC is set to revolutionize e-commerce by enhancing e-retail penetration beyond the current 4.3%. It promises to empower all sellers, especially those from smaller towns and rural areas, and stimulate startup growth through scalable, cost-effective e-commerce solutions. The Impact: ONDC is poised to reshape how we trade digitally, making eCommerce accessible to a broader range of sellers and creating a more inclusive economy by enabling population-scale inclusion. Let's look forward to the innovative and inclusive changes ONDC will bring to the digital commerce world. #ondc #digitalcommerce #ecommerceinnovation

GlobalBees Increases Stakes in Frootle India and Wellspire India! 🚀 Big moves in the e-commerce space! GlobalBees has just upped its game by increasing its shareholding in Frootle India Private Limited and Wellspire India Private Limited. 🔹 Frootle India: GlobalBees acquired an additional 23% stake for INR 105.15 Cr, taking their total stake to 74%. 🔹 Wellspire India: Similarly, they secured another 23% for INR 1.05 Cr, boosting their ownership to 74%. This strategic investment marks a significant step in expanding their influence and growth potential in the market. 🌟 Founded in 2010 by Supam Maheshwari and Amitava Saha, FirstCry—the parent company of GlobalBees—is an omnichannel marketplace dedicated to baby and kids' products, making waves in the industry with its innovative approach. The journey from 51% to 74% in both companies signifies GlobalBees' commitment to scaling and diversifying its portfolio. It’s an exciting time for both Frootle India and Wellspire India as they continue to thrive under the GlobalBees umbrella. Curious about the growth strategies that can elevate your business too? Let's connect and explore the possibilities! 🚀 #GlobalBees #EcommerceGrowth #InvestmentStrategy #BusinessExpansion #FirstCry #FrootleIndia #WellspireIndia #OmnichannelSuccess #StrategicInvestments

🚗📲 Uber Partners with ONDC for Mobility Expansion. 🔍 Summary: - Uber collaborates with the government-backed Open Network for Digital Commerce (ONDC) to explore integration opportunities, aiming to broaden its range of mobility services. - The partnership aligns with Uber's mission of providing safe, affordable, and reliable rides to all Indians, enhancing accessibility and convenience. 🤝 Partnership Details: - Uber announces the integration with ONDC at an event, emphasizing its commitment to serving the diverse mobility needs of Indian consumers. - The Memorandum of Understanding (MoU) signifies Uber's dedication to leveraging digital commerce to democratize access to transportation. 💡 Vision and Outlook: - Uber's India and South Asia President highlights the company's vision to become a comprehensive platform for daily mobility needs, echoing ONDC's objective of democratizing digital commerce. - Uber's global CEO praises India's Digital Public Infrastructure and emphasizes the value of open-source technology in fostering innovation and inclusivity. 🌐 Operational Expansion: - Uber's recent entry into Jammu and Kashmir reflects its ongoing efforts to expand its operations across India, catering to diverse geographical regions and populations. - Despite a reported net loss increase in FY23, Uber remains committed to its growth trajectory and service diversification. 🍽️ Market Trends: - Uber's competitor Ola and Bengaluru-based startup Namma Yatri have also joined ONDC, signaling a broader trend of ride-hailing platforms embracing digital commerce networks to expand their service offerings. - Ola initiated food delivery services through ONDC, while Namma Yatri expanded into the Delhi market following its association with the network. Uber #Uber #ONDC #MobilityServices #DigitalCommerce #Partnership #StartUpNews #BusinessNews #MicroShots #NewsUpdates

#ForbesIndia30U30 | Aadit Palicha and Kaivalya V., co-founders of Zepto, just wanted to solve a big problem during the pandemic. The solution has become one of the fastest-growing internet companies in India By Samidha Jain