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​GROWTH STORY IN NEWS

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30 Nov 2021

Forbes Asia’s Power Businesswomen List Recognizes 20 Outstanding Female Business Leaders

Featured on the list is serial entrepreneur Meena Ganesh, who cofounded Portea Medical, India’s largest home healthcare company by revenue.

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12 Nov 2021

Covid-19 pandemic ushers in unprecedented digital transformation in India’s healthcare ecosystem

One of the biggest developments in digital healthcare has been the rise in e-pharmacy investments

16 Oct 2021

Portea Medical to expand to 100 cities by March 2023, hire 4000 more people

Vaibhav Tewari, Co-Founder & CEO, Portea Medical, told BusinessLine that the growth in market demand and shift in consumer perception towards home healthcare has fuelled the company’s plans for expansion.

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5 Oct 2021

Pandemics, age, and ageing: What has changed and what will?

A structured, multidisciplinary model is the way forward. There is a need to revisit decisions, learn our lessons, and ensure that in case of another pandemic, the elderly become an intrinsic part of the policy-making process. Adequate support services that help in attainment of de facto equality for the older persons needing medical and social care is another aspect.

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30 Sep 2021

Portea secures $7.7 mn in loan from US International Development Finance

Out-of-hospital consumer healthcare startup, Portea Medical, on Thursday said that it has secured a commitment from the United States International Development Finance Corporation (DFC) for a $7.7 million local currency guarantee facility.

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31 Aug 2021

How Meena Ganesh is enabling new generation of disruptive start-ups

Meena Ganesh, who is currently the chairperson of Portea Medical, India’s largest home healthcare company, talks about riding out the pandemic, her journey as an entrepreneur, the lessons learnt as an investor, the missing women in the tech world and more.

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25 Aug 2021

Meena Ganesh takes charge as chairwoman of Portea

Portea Medical has announced the appointment of the founder Meena Ganesh as the chairwoman and Vaibhav Tewari as the company’s CEO.

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27 May 2021

In India’s fight against COVID-19, Portea tackles 3X surge in tele-consulting, home healthcare needs

Portea Medical, a Bengaluru-based healthcare startup, delivered several tech-led solutions to power the country’s fight against the COVID-19 pandemic. Over the last month alone, it has provided oxygen, home ICU setups, nursing services and more to over 3,000 patients.

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27 Apr 2018

India’s billion-dollar startup factory

GrowthStory was started by K. Ganesh and Meena Ganesh in 2011 to build businesses to solve India specific issues. Today, the ventures promoted by the husband-wife duo are valued at $1.6 billion.

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28 May 2021

Tata Digital buys 64% stake in BigBasket

Tata Digital on Friday said it has acquired a majority stake in online grocery BigBasket a deal that pits the country’s largest conglomerate against entrenched ecommerce players.

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28 May 2021

Tata acquires majority stake in BigBasket, invests $219 million

The Tata group has completed the purchase of a majority stake in online grocer BigBasket that would pitch the conglomerate against established heavyweights such as Amazon, Reliance Industries Ltd (RIL), and Walmart Inc.-owned Flipkart in India’s booming e-commerce market.

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19 Jul 2021

After Tata acquisition, BigBasket wants to go big on express deliveries

According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few months at BigBasket, as Tata Group gets ready to launch its much-anticipated super app.

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11 June 2021

How Bigbasket, Swiggy managed the lockdown surges

When orders surged in the first lockdown, we immediately blocked visitor traffic and scaled up the IT infrastructure five-fold, says, Rupesh Kumar, Senior Director of Engineering, Big Basket

10 May 2021

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Sri Sri Tattva and BigBasket collaborate to Champion Health through Ayurveda

Sri Sri Tattava, Inida’s leading health wellness FMCG brand with a portfolio of over 550 products, has collaborated with BigBasket, India’s largest online supermarket for a social campaign called #YourHealthFirst

4 May 2021

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A pitch on a turbulent flight: How BigBasket got its Series A funding

How BigBasket secured its first cheque from an institutional investor, and the series of serendipitous events that led to its creation in 2011

21 Apr 2021

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Brand in Action: How BigBasket is charting its journey in the online grocery segment

The pandemic, the lockdown, the economic impact, these were unforeseen. What was BigBasket's immediate reaction? Was there a major rethinking of marketing strategy?

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28 Nov 2020

Big Basket CEO says company’s resilience helped rebound after losing 80% workforce during lockdown

‘Big Basket’ lost 80 per cent of its workforce within two days of the nationwide lockdown in March, but bounced back with “sheer resilience” of its team and hired more than 12,000 people in 16 days to turn around the fortunes of the company, its CEO Hari Menon

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BigBasket to build a unified supply chain for Tata super app project

After helping Tata Group gain a firm foothold in the country’s booming online grocery retail market, BigBasket has now taken up a new task – to build a unified supply chain and logistics nationwide for the group’s super app project.

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Exclusive: BigBasket clocks $1.1 billion gross sales as pandemic fuels online grocery

Tata Group-owned BigBasket is only the second vertical e-commerce player in India to achieve the milestone indicates the high-growth potential that online grocery has.

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22 Oct 2021

BlueStone goes aggressive on retail expansion, opens 50th store in Mumbai

The exclusive feature of the store is its solitaire lounge with the most impeccable designs, and highly qualified store staff to help one pick the best BlueStone design. This strategy shows BlueStone’s intent to compete with the leading luxury boutiques across the country in terms of experience.

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29 Jun 2021

Bluestone looks for more funds; Indication of growth in online jewellery industry?

Founder and CEO Gaurav Singh Kushwara says, “We expect to grow our business at least 300% annually for the next couple of years.”

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16 Jun 2021

BlueStone to Launch 100 Stores in 2021

After successfully setting up 37 jewellery destinations last year across India, the brand's plan is to have more stores in every city, to be closer to the people who love jewellery.

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18 Nov 2020

HungerBox extends smart cafeteria management solutions to malls, tech-parks

The frontrunning food-tech brand has already signed deals with AIPL Business Club, ORRIS malls, M3M, Signature, and Galaxy

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5 Oct 2020

How This Food-Tech Startup Is Using AI & Cloud To Make Cafeterias COVID-Safe

Revolutionising the corporate cafeterias and food courts and with a vision to drive disruptive innovations across them, Bangalore-based HungerBox is solving the problems faced by the key stakeholders in the institutional F&B segment.

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1 Oct 2020

HungerBox: Famished for growth

I know treacherous quarters are ahead of us. But we will stay hungry and rebuild quickly: Sandipan Mitra, co-founder and CEO, HungerBox

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12 Aug 2020

Exclusive: HungerBox Raises INR 11.97 Cr Funding From One97, Existing Investor

HungerBox, the Bengaluru-based B2B foodtech company, has raised INR 11.67 Cr in funding from existing investors

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11 Oct 2021

Investors line up for cloud kitchens, online food delivery brands

Hygiene BigBite — a cloud kitchen backed by Serial entrepreneur K Ganesh — has raised $15 million from Falcon Edge.

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29 Jul 2021

FreshMenu’s Rashmi Daga Has Experience In Several Sectors

Operating on a cloud kitchen model in four cities, the company is backed by strong venture capitalists, and has raised $22 million.

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30 Jun 2021

CredR raises $6.5 million in funding round led by Yamaha Motors

CredR, an online and offline marketplace for used two-wheelers, plans to use the funding from investors Yamaha, Omidyar Network and Eight Roads to consolidate its market position, strengthen its technology and expand customer operation

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9 Mar 2021

Used two-wheelers marketplace CredR plans to invest $15M next fiscal to expand operations

With this investment, the company plans to open 50 franchise showrooms offering used two-wheelers in 2021-22 and over 100 showrooms by 2023, the Bengaluru-based firm said in a statement.

8 Feb 2021

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CredR partners Techo Electra Motors for exchange of petrol 2 wheelers.

CredR, omni-channel platform for buying and selling used two-wheelers, partnered with Pune-based electric two-wheeler maker Techno Electra Motors for exchange of any petrol-based two-wheeler with the latter’s electric bike.

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1 Nov 2021

OTO launches ‘Rider Empowerment Programme’ for shipping agents to own their two-wheelers

The two-wheeler buying and financing innovator, announced launched of its Rider Empowerment Programme (REP), as they endeavour to help shipping agents, own and ride their two-wheelers. The programme also benefits the large segment of last-mile logistics companies to aid and incentivize their employees to ride a brand-new two-wheeler to earn, keeping their asset –light.

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31 Aug 2021

CredR raises $6.5 million in funding round led by Yamaha Motors

CredR, an online and offline marketplace for used two-wheelers, plans to use the funding from investors Yamaha, Omidyar Network and Eight Roads to consolidate its market position, strengthen its technology and expand customer operation

25 Feb 2021

Finance start-up OTO Capital eyes 10 lakh customers in 5 years

“Ours is a flexible model, which enables prospective buyers to own a two-wheeler on subscription model either for 12 months or 24 months,” said Sumit Chhazed, co-founder, OTO Capital.

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7 Oct 2021

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DealShare set to become unicorn with new funding

DealShare is raising over $150 MN at a valuation of $1.7 BN and the round is expected to close soon, the sources said.

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15 Sep 2021

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DealShare to expand to 100 cities by 2021-end

Social e-commerce player DealShare plans to expand its presence to 100 cities and ten States by the end of this year.

8 Jul 2021

E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn

DealShare, a startup that has built an e-commerce platform for middle and lower-income groups of consumers in India, has raised $144 million in its latest funding round.

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