Latest news with #Edelweiss
South Wales Argus
2 days ago
- Business
- South Wales Argus
New service will fly you directly to Zurich from Bristol Airport
The first flight from Switzerland landed at the busy South West airport bringing visitors to the region for business and pleasure. The new route with Edelweiss gives travellers the opportunity to fly directly to Switzerland and allows for easy onward travel with its sister company SWISS, to other European cities including Munich and Vienna. The twice-weekly service will operate on Mondays and Fridays. The flight took less than two hours and customers were welcomed at Bristol Rupert Lawrie, commercial director of Bristol Airport, said: "The new route marks a significant milestone in regional tourism, offering Swiss visitors a direct gateway to the South West. 'Zurich is a highly sought-after destination with Edelweiss providing customers in the South West and Wales with a direct connection.'
7NEWS
20-05-2025
- Health
- 7NEWS
This French haircare brand's clinically proven growth pack delivers 30,000 new hairs in 3 months
If you struggle with hair loss and thinning and feel like you've tried it all but are still looking for an effective solution, then this French haircare brand is going to be your saviour. La Biosthetique has seen customers grow 30,000 new hairs in just three months. It's hero product is its Rapid Hair Growth Pack which retails for $343.50 is backed by science and trusted by professionals around the world. This powerful three-step system is designed to address the root causes of thinning hair, offering visible and clinically proven results in just three months. The system works by targeting thinning areas on the scalp, stimulating hair follicles, and encouraging healthy regrowth. In clinical trials conducted by five independent laboratories across Europe, the Rapid Hair Growth Pack demonstrated remarkable results — showing up to 30,000 new hairs within three months. Trials also showed a 13 per cent increase in hair density over a five-month period. What makes this treatment truly stand out is the synergy of its ingredients and formulation. Each product in the pack is engineered to work in unison, nourishing the scalp and reactivating dormant follicles. The Hair Loss Control Shampoo is enriched with antioxidants and essential nutrients to gently cleanse and strengthen hair at the root. Its regular use creates an ideal foundation for growth by improving scalp health and fortifying the follicles. Complementing the shampoo is the Hair Loss Control Scalp Concentrate. This intensive treatment dives deep into the scalp to stimulate cellular activity at the follicular level. Infused with Edelweiss extract, vital vitamins, and advanced biomimetic peptides, the concentrate is designed to not only encourage new hair growth but also to enhance existing hair density and restore vibrancy. Completing the system is the Hair Loss Control Scalp Lotion, offered free with every pack purchase. This potent tonic helps prolong the growth phase of the hair cycle, minimising premature shedding and supporting longer-lasting results. Like the concentrate, it contains encapsulated Edelweiss extract to optimise follicle performance and extend the life of each strand. Together, these three products form a comprehensive strategy for reversing the signs of thinning hair. Whether dealing with mild shedding or more noticeable thinning, the Rapid Hair Growth Pack provides a solution grounded in science, not gimmicks. It strengthens and densifies the hair while restoring the scalp's natural balance, giving users the confidence that comes with visibly healthier hair. La Biosthetique has been at the forefront of hair and scalp care for more than 75 years. Founded in 1947 by biochemist Marcel Contier, the brand is known for blending French elegance with German precision. Its commitment to natural, biocompatible ingredients and cutting-edge research has earned it a trusted place in salons and spas worldwide. Shoppers have given the Rapid Hair Growth Pack, a 5-star rating on La Biosthetique's website. 'Within only a few weeks, I started to notice new hair growth. It's an amazing product and I love it,' one impressed shopper wrote. 'I have been using this for two years and look back at photos and see a dramatic change, it's worth it,' a second shopper added. Free shipping is also included with every order, making it easier than ever to begin the journey to fuller, stronger hair.
Mint
12-05-2025
- Business
- Mint
Motilal Oswal goes big on Zepto, purchases shares worth $100 mn
Motilal Oswal and Raamdeo Agrawal, the founders of Motilal Oswal Financial Services Ltd (MOFSL), have bought shares worth $50 million each in their personal capacity in quick-commerce startup Zepto, a person familiar with the matter told Mint. Apart from this, MOFSL is preparing to lead a secondary fundraising round to the tune of $250 million in Zepto with participation from Edelweiss, Hero Fincorp and other investors, this person added. To be clear, shareholders in a secondary transaction sell their stakes to other existing or new investors and no new capital is injected into the company. Secondary transactions generally take place at a discount to the primary shares. Moneycontrol was the first to report on the development. Motilal Oswal declined to comment on the transaction while Zepto, Edelweiss and Hero Fincorp did not immediately reply to emailed queries. Mumbai-based Zepto, which is gearing up for a public market listing shortly, entered the coveted unicorn club in 2023 when it raised $200 million at a valuation of $1.4 billion. Last year, Zepto secured $350 million in funding led by Motilal Oswal's private wealth division. That fundraising round included investments from wealthy Indians and homegrown family offices and financial institutions, marking the largest 100% domestic fundraising in India's startup ecosystem. Over the last year, Zepto has raced its way to secure some of the biggest funding rounds in India so far. In August last year, Zepto secured $340 million in a funding round led by General Catalyst at a valuation of $5 billion. Other new investors, including Dragon Fund and Epiq Capital, participated in the round, while existing investors such as StepStone, Lightspeed, DST and Contrary increased their stakes. That transaction had come nearly two months after Zepto raised its largest funding of $665 million at a valuation of $3.6 billion. It planned to use the capital to double the number of its dark stores, or warehouses, to 700 by March 2025. Aadit Palicha and Kaivalya Vohra founded Zepto in April 2021, when covid curfews had made people in India's large cities accustomed to buying daily staples online. Zepto directly competes with Swiggy's Instamart, Zomato's Blinkit, and Flipkart's Minutes, which in recent years have fuelled demand for instant deliveries, growing their network of dark stores and expanding their range of products. Conglomerates such as the Tata Group, Reliance, and Amazon have experimented with similar business models.
Fashion Network
29-04-2025
- Business
- Fashion Network
Zepto pursues talks to raise structured debt
Quick commerce business Zepto's founders Aadit Palicha and Kaivalya Vohra are holding talks with Edelweiss Alternative Asset and other investors with a view to raise around Rs 1,500 crore in structured debt as the business moves towards its initial public offering. "Edelweiss has given a binding term sheet and will anchor the raise by committing half of the amount," an anonymous source close to the development told ET Tech. "The remaining Rs 750 crore is being raised from family offices and smaller credit funds, who are expected to come in on the same terms." Zepto is gearing up to launch its IPO in India and this deal is designed to enable Indian businesses to acquire shares from foreign shareholders in order to boost domestic ownership of the company. The proposed loan from Edelweiss has a minimum interest rate of 16% and an equity linked upside which has the capacity to enhance total returns by approximately 18%, ET Retail reported. Zepto, which has a valuation of around $5 billion, expects to close the deal by July this year. The business aims to fit the criteria of 'Indian Owned and Controlled Companies,' which requires that it must be more than 50% Indian owned.
Time of India
28-04-2025
- Business
- Time of India
ETtech Explainer: Why Zepto founders are taking personal debt to boost Indian ownership
Zepto cofounders Aadit Palicha and Kaivalya Vohra are in the market to raise personal structured debt as the quick commerce player prepares for a D-Street debut, ET first reported on Monday. Edelweiss Alternative Asset is likely to anchor the deal, while domestic family offices and smaller credit funds will pitch in. #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" But why personally raise funds in the run-up to their company's IPO ? With these funds, Palicha and Vohra intend to buy stake from foreign investors of Zepto before the company goes public. Here's a detailed look at the Zepto promoters' fundraise and the reasons behind it: Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In Misamis Oriental - Watch What Happens Happy in Shape Undo What's happening at Zepto? Palicha and Vohra have dialled Edelweiss, domestic family offices and smaller credit funds to raise Rs 1,500 crore, or nearly $750 million. Live Events To be sure, it's not Zepto that is raising this debt; the cofounders are doing this on a personal level — they have pledged a portion of their personal equity in Zepto as security for this debt financing. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Edelweiss has submitted a binding term sheet to anchor the deal, committing to pay half of the abovementioned amount. The three-year loan comes with a minimum interest rate of 16%, plus an equity-linked upside taking returns to about 18%. The remaining Rs 750 crore will come from the domestic family offices and credit funds expected to participate in the debt deal. The deal is being executed at a valuation of $5 billion, the same as when Zepto raised equity financing last year. As Zepto IPO approaches... By picking up debt to acquire existing shareholders' stake, Palicha and Vohra will raise their ownership to 20% from the current 18%. The quick commerce startup counts Nexus Venture Partners, Y Combinator and General Catalyst among its backers. Zepto's domestic shareholding is expected to rise to more than 30% once the deal is finalised, a person familiar with the development said. This improves compliance with India's FDI norms for online retail before the company files draft papers for its IPO. What FDI rules say India allows 100% foreign direct investment (FDI) in online marketplaces, but allows only Indian Owned and Controlled Companies (IOCC) to sell their inventory online — critical for quick commerce layers. To qualify as an IOCC, companies need to have at least 50% Indian ownership . Earlier this month, Zomato 's parent Eternal capped foreign ownership at 49.5%. Shareholders are scheduled to vote on the motion in May. Structuring debt Palicha and Vohra are doing something rare among Indian new-age companies with this deal — pledging founder shares. Companies in traditional segments usually undertake promoter financing deals, but it is uncommon for high cash-burn tech startups like Zepto to take this route. The quick commerce sector overall is facing a monthly cash burn of Rs 1,300–1,500 crore, according to ET reports. Promoters at edtech unicorn Byju's, e-pharmacy PharmEasy, and hotel aggregator Oyo had opted for this route in the past. Byju's defaulted and is now facing insolvency , and PharmEasy saw its valuation cut by more than 90% . Zepto's broader strategy Along with the promoters' personal debt financing, Zepto is also close to finalising a $250-million secondary sale led by private equity firms, including Motilal Oswal Financial Services . These two moves together are expected to boost Indian shareholding at Zepto by another 8–10%, ensuring compliance with FDI norms before the IPO paperwork is filed. Zepto had earlier merged its Singapore-based parent into its Indian entity and renamed itself Zepto Pvt Ltd, rebranding itself in a 'reverse flip' to India before debuting on the exchanges here. The bigger picture The structured personal debt raise highlights how India's startups are adjusting to tighter capital conditions and preparing for domestic markets. For Zepto, boosting Indian ownership is about more than compliance — it's about being seen as a long-term player in India's fast-changing digital economy.
