Latest news with #Gurgaon-based
Time of India
3 hours ago
- Business
- Time of India
Snapdeal parent AceVector confidentially files for D-Street debut
Academy Empower your mind, elevate your skills Gurgaon-based AceVector Group has filed draft documents with the capital markets regulator for an initial public offering , the holding company of Snapdeal and Unicommerce said in a newspaper advertisement on filed the draft red herring prospectus (DRHP) under the Securities and Exchange Board of India 's confidential filing facility, which allows companies to delay public disclosure of the founded by Kunal Bahl and Rohit Bansal, also operates consumer brand building company Stellaro Brands. It is listed as a promoter of Unicommerce and owns more than 28% of the ecommerce software got listed on the exchanges in August last year at Rs 235 per share, more than double its issue price of Rs 108. The shares have since come down from the highs and closed Friday at Rs 128.80 on the revenue for fiscal 2025 ended March 31 grew 30% to Rs 135 crore. Net profit rose 34% to Rs 18 firm Snapdeal's revenue from operations increased 2% to Rs 380 crore in FY24, while its loss reduced 43% to Rs 160 confidential route gives companies flexibility in determining the issue size in the initial stages, allowing them to revise the number of fresh shares to be issued by up to 50% until an updated DRHP is this, the company has joined a long list of new-age companies that have filed to go public including Curefoods Urban Company , and Boat Capillary Technologies and Wakefit On July 3, ET reported that a dozen of these new age companies that have filed their draft IPO papers this year collectively look to raise over Rs 18,000 crore (more than $2 billion) through fresh issuances of shares.
News18
9 hours ago
- Entertainment
- News18
Pro In Hosting House Party? Why Not ‘Sell Entry'? Trend That Gets Rs 6L Per Month For Bengaluru Duo
Last Updated: In India, the trend is growing fast. Diners are looking for something fresh and meaningful. It started as a way to connect with their Instagram followers. Bengaluru's Ma La Kitchen Supper Club is nothing like a typical restaurant. There's Chengdu rap in the background, endless cups of pu-erh tea, and stories about Chinese mythology told by the chef. The seven-course Sichuan meal is beautifully plated and full of flavour. But the most unique part? It all happens inside the home of husband-wife duo Aditya Ramakrishnan and Dongli Zhang. View this post on Instagram A post shared by Mukul Khurana (@mk__pov) The concept of supper clubs started in 1930s Hollywood. They were glamorous events celebrating life after Prohibition. Over time, they faded. But post-pandemic, they've returned in a big way. People are craving social connections and are open to dining with strangers at someone else's table. In India, the trend is growing fast. Diners are looking for something fresh and meaningful. The LOST Table, started by Gurgaon-based couple Archit Agarwal and Natasha Ratti Kapoor, sold out in just five minutes. It started as a way to connect with their Instagram followers and has now caught the attention of brands and restaurants. In Bengaluru, Anurag Arora runs another hit supper club called Apartment. His events—like the popular 'Fried Chicken and Flowers'—sell out faster each time. 'People want special experiences," he says, 'and they don't mind whether it's at a big restaurant or someone's kitchen." New supper clubs are popping up across cities. Kapoor says this shows that more chefs are willing to explore home dining. Ramakrishnan, who started Má Là Kitchen with his wife Dongli, says a restaurant was too expensive and complicated. A supper club, however, made their dream possible. In OMBR Layout, pastry chef Jenny Clinta runs Sakare from her apartment. She offers a five-course dessert menu every weekend, priced at ₹2,500. Each dessert tells her personal story, from French techniques to island memories of her Andaman childhood. Her guests love the cosy eight-seater table and homemade touch. Supper clubs in India are here to stay. They bring people together through food, stories, and warmth—all from the comfort of someone's home. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Indian Express
a day ago
- Business
- Indian Express
Gurgaon couple with Rs 60 LPA combined income splits every bill equally; Delhi matchmaking startup founder questions the logic
A Delhi-NCR based entrepreneur has stirred up debate online after questioning why a high-earning married couple continues to split all their bills down the middle. Ayushmaan Kapoor, founder of The Date Crew, recently shared a personal reflection on LinkedIn after learning about a Gurgaon-based couple, both professionals with annual incomes of over Rs 30 lakh, who reportedly divide every shared cost, from groceries to electricity bills, using Splitwise or Google Sheets. 'They make Rs 30L+ each. But still maintaining a Splitwise or Google Sheet to divide every single expense: rent, groceries, fuel, Swiggy, electricity,' Kapoor wrote, adding, 'Each person 'pays their share,' like flatmates.' For Kapoor, this level of meticulousness signaled something deeper than just budgeting. 'It's baffling to me,' he said, before explaining why he believes such financial habits point to a lack of alignment in the relationship. Drawing an analogy between marriage and running a startup, Kapoor said, 'When you marry someone, you're essentially co-founding a company. And that company… is your life together.' He argued that like any successful business, a marriage needs four key ingredients: a shared vision for the future, clear roles and responsibilities, a joint financial plan with pooled resources, and regular check-ins to ensure both partners stay on track. The crux of his message: couples should operate from a shared financial philosophy, not a spreadsheet of 50-50 transactions. However, not everyone saw things his way. Many commenters pushed back, defending the couple's approach as modern, transparent, and respectful of individual autonomy. 'Agreed, but don't you think having a system like Splitwise or sheets in place only adds more clarity and transparency?' one person commented on Kapoor's post. 'Let's be honest, it gets tough to have money discussions in general. Wouldn't this solve the problem entirely?' Others felt Kapoor's analogy between startups and relationships was oversimplified. One user wrote, 'Scary that someone running a matchmaking firm has such a shallow view of how relationships work. Recording expenses has nothing to do with having different goals and priorities… Even if you did pool your capital, recording what was spent is just financial prudence.' Another LinkedIN user responded saying, 'Tracking shared expenses doesn't mean you're not working towards common goals. It just means you're also respecting personal space and freedom. Everyone needs their own financial breathing room, even in a partnership. A couple can have both, a shared pool and their own individual funds. That's not division. That's balance.'
Time of India
2 days ago
- Business
- Time of India
Why DLF's return to Mumbai is more than just another project launch
DLF Limited is back in Mumbai after a decade. They have launched Westpark, a luxury housing project in Andheri. This ₹900-crore project has high-end apartments. DLF aims to sell these apartments amidst Mumbai's booming property market. The company is partnering with Trident Group for this venture. DLF is confident about the demand for luxury homes in Mumbai. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads A strategic reset? Banking on Mumbai's real estate boom Tired of too many ads? Remove Ads Road ahead Marking a bold comeback to India's financial capital after over ten years, DLF Ltd , the country's largest listed real estate developer has launched ' Westpark ', a Rs 900-crore luxury residential project in Andheri (West).The move signals DLF's renewed confidence in Mumbai's booming premium housing market and marks its first residential venture outside in partnership with Trident Group under the Slum Rehabilitation Authority (SRA) scheme, the project is a strategic shift aimed at capturing the city's soaring demand for high-end homes. The 5.18-acre project offers 416 high-end apartments priced between Rs 4 crore and Rs 7.5 crore. The flats are being sold at Rs 42,000 to Rs 47,000 per sq ft, with DLF aiming for sales realisation of around Rs 2,300 crore.'We have launched a luxury housing project 'Westpark' in Mumbai comprising 416 apartments,' said Aakash Ohri, Joint Managing Director, DLF Home Developers at the launch. 'It will be around ₹800–900 crore investment. We plan to sell around 200 units initially, but we might consider selling all 416 depending on demand.'DLF holds a 51% stake in the special purpose vehicle developing the project, with Trident holding the remaining 49%.DLF had exited Mumbai in 2012, selling its 17-acre land parcel in Lower Parel to Lodha Developers for Rs 2,700 crore as part of a debt-reduction return now follows years of financial strengthening and a calibrated focus on high-margin luxury and super-luxury the previous year, the company launched 7.5 million sq ft area during the last fiscal year for sale with an estimated revenue potential of Rs 40,600 crore. The Gurgaon-based developer recorded Rs 21,223 crore in sales bookings in FY25, a 44% rise from the previous year. Net profit surged to Rs 4,366.8 crore, supported by strong customer collections and cash flows.'We have a strong launch pipeline to meet the aspirational needs of the market; we remain on track to deliver on our outlined goals,' said Rajiv Singh, Chairman, DLF, in the company's annual report. 'Both our residential and rental businesses experienced robust growth, driven by exceptional performance and timely execution.'DLF's re-entry is timed to coincide with a historic upcycle in Mumbai's property market. According to an ET Bureau report citing official data from the Inspector General of Registration and Controller of Stamps, Maharashtra, the city registered 75,933 property deals in the first half of 2025, up 5% year-on-year, fetching Rs 6,727 crore in stamp duty revenue, up 15% are the highest ever for any half-year period.'Mumbai's residential market continues to reflect steady buyer confidence… The appetite for larger homes and properties priced above ₹5 crore remains strong, driving healthy revenue collections,' Shishir Baijal, CMD, Knight Frank India had said in buoyancy is largely driven by sustained demand for luxury and high-value homes, backed by interest rate cuts and rapid infrastructure development, including Metro network expansion, the Mumbai Coastal Road, and upgrades to arterial roads and expressways.'The sales pattern underscores a structural shift in demand, particularly for larger, high-value exclusive homes, as buyers continue to prioritise long-term lifestyle, community living and location choices. This trend is being reinforced by the government's ongoing efforts to upgrade infrastructure across the Mumbai region. These developments are not only enhancing connectivity but also reshaping buyer perceptions of emerging micro-markets,' Parthh K Mehta, CMD, Paradigm Realty had as 84% of all registrations in June were for apartments under 1,000 sq ft (split evenly between the 500–1,000 sq ft and under-500 sq ft segments), the luxury segment is clearly gaining momentum, especially in the western suburbs, which contributed 57% of registrations, followed by the central suburbs at 31%.Brokerages have taken note. Jefferies' Chris Wood, in March, had exited Godrej Properties while raising his stake in two other Indian realty giants, one of them being DLF with a 3% allocation. This reaffirmed Jefferies' bullish stance on Indian real estate — a sector the brokerage has supported for several years and was only timely as the Gurugram-based real estate major plans to launch housing projects worth Rs 17,000 crore in the current fiscal DLF has set a target to sell housing properties worth Rs 20,000-22,000 crore during 2025-26, almost in line with the last financial already sold out recent luxury launches in Gurugram, including Privana North and the super-luxury 'Dahlias' project, DLF's ability to tap Mumbai's premium market will be a critical test of its pan-India aspirations."We continue to invest in capex for our new build-outs in Gurugram, Chennai, Delhi, and Goa," the DLF boss had said in the annual report for FY25. The chairman said three retail properties are set to open to the public in the near future. "As we pursue growth, we continue to remain guided by our core values of good corporate governance, transparency, compliances, safety, quality and customer satisfaction," Singh cautious, high-value re-entry via a well-located SRA project with a trusted partner suggests a deliberate, capital-efficient approach. With high demand especially in Mumbai, premium buyer base that continues to grow, and easing interest rates, DLF's bet may be well-timed.
Fashion Value Chain
3 days ago
- Business
- Fashion Value Chain
Zulu Club Raises $250K to Scale 100-Minute Fashion Delivery
Fashion quick-commerce platform Zulu Club has raised $250,000 in pre-seed funding from early-stage VC firm TDV Partners. The Gurgaon-based startup is transforming online fashion shopping by combining convenience, speed, and tactile experience through 100-minute delivery and Try-at-Home kits. Unlike conventional fashion e-commerce platforms that depend heavily on static visuals and often result in high return rates, Zulu Club's model enables customers to shop from local malls and verified outlets. Shoppers can request a curated kit of 4–5 items to try at home—delivered within 100 minutes—before making a purchase. This innovative approach bridges the gap between online ease and offline confidence, addressing pain points like poor profitability and customer dissatisfaction. By digitizing neighborhood collections, Zulu Club showcases hidden local fashion treasures and fulfills them through a hyperlocal delivery network, appealing to fashion-savvy urban audiences who seek instant gratification. 'Most online fashion platforms are built for speed and variety—but that often comes at the cost of experience and confidence. We're building Zulu Club to reintroduce trust and experience into fashion shopping, especially for millennial consumers who crave convenience and personalization,' said Adarsh Bhatia, Founder of Zulu Club. Adarsh previously led business operations at Fashinza, a tech-driven apparel manufacturing startup. His deep expertise in retail and supply chain informs Zulu's hybrid strategy—blending AI-powered recommendations with human-assisted personal shopping. Zulu Club's primary audience includes urban millennials and Gen Z consumers—those who are style-conscious, digitally native, and time-starved. Unlike traditional platforms, Zulu offers an experience-first shopping journey, which includes: Browsing nearby mall collections via the Zulu app Live assistance during product exploration Receiving pre-styled Try-at-Home kits Purchasing post-trial or via live consultation Enjoying 100-minute doorstep delivery using Zulu's in-house fleet Recent app updates have further streamlined the end-to-end experience—enhancing flow, communication, and logistics for faster, smoother service. 'Zulu Club is tackling a fundamental friction in fashion e-commerce—shoppers want to try before they buy. Their Try-at-Home kits and instant delivery are built for today's mobile-first, experience-led consumer,' said Ujwal Sutaria, General Partner at TDV Partners. 'We're excited to back a team that blends deep fashion expertise with grassroots execution. Zulu isn't building another marketplace—it's reimagining fashion retail for the next generation.' Founded in 2024, Zulu Club is currently live in Gurgaon and plans to utilize the funding to scale across key Delhi NCR neighborhoods. The startup aims to enhance Try-at-Home flows, deepen retail partnerships, and make strategic investments in personalization, logistics, and customer engagement. With its unique mix of speed, trust, and experience, Zulu Club is set to reshape how the next generation shops for fashion—online and offline.
