Author: Arabian Media staff

Vertical marketplace Nykaa is expected to post strong year-on-year growth in both its beauty and fashion businesses in the first quarter of financial year 2025-2026, helped by healthy order volumes, customer acquisition momentum, and an expanding offline presence, according to brokerages and company disclosures.Both JM Financial Institutional Securities (JMFISL) and HDFC Securities expect mid-to-high twenties GMV growth in Nykaa’s beauty and personal care (BPC) segment for the reporting quarter. JMFISL estimated the core business BPC’s GMV to rise about 26% YoY, helped by eB2B and Nykaa Man. In contrast, HDFC projects about 27% YoY growth, supported by a 28.6% YoY…

Epharmacy and telehealth platform Truemeds has raised $85 million in Series C funding to accelerate its push into smaller cities and towns.The financing, completed in two tranches, was led first by Accel and later by Peak XV Partners, with continued backing from WestBridge Capital and Info Edge Ventures. The Mumbai-based company said the capital will go toward tripling its national reach by adding fulfillment centers in high-demand non-metro markets, hiring top-tier engineering and product talent, and opening a new technology hub in Bengaluru.Founded in 2019 by Akshat Nayyar and Dr Kunal Wani, Truemeds specialises in chronic care medicines, using a…

Accel India and Saama Capital are set to be the biggest beneficiaries from Bluestone’s initial public offering, with both early backers set to pocket hefty gains from sizeable stake sales. The omnichannel jewellery retailer is offering shares in the price band of Rs 492–Rs 517, promising multi-bagger returns for its venture investors.Among the biggest beneficiaries are Accel India and Saama Capital, who are set to offload sizeable stakes in the offer for sale (OFS). Accel India III (Mauritius) Ltd is set to offload 26.03 lakh shares acquired at the weighted average price of Rs 63.68 per share. The fund stands…

The average 30-year fixed mortgage rate is around 6.5% at press time, and June existing home sales fell to a nine-month low. In fact, one in seven potential deals fell through that month, according to data from the National Association of Realtors (NAR). Home prices, meanwhile, are still rising, up 2% from a year ago.Basically, the real estate market is a mess right now. And house hunters are wondering if they will ever see relief, at least in the form of lower interest rates.Related: Barbara Corcoran Finds a Buyer in One Day for Her $12 Million ‘Palace in the Sky’…

American electric vehicle maker Tesla plans to expand its super charging network in Delhi-NCR, Mumbai and Bangalore as it plans to start deliveries in India by September, a senior company official said on Monday. The company, which opened its second experience centre in India at Aerocity here in the national capital, plans to have supercharging stations in Gurugram and Noida, besides one more in Saket, Tesla Regional Director South East Asia Isabel Fan said here at the opening event.The company had opened its first experience centre in Mumbai last month, along with the launch of its Model Y with a price…

GitHub CEO Thomas Dohmke stepped down on Monday after four years with the company.In a post on LinkedIn, he thanked Microsoft CEO Satya Nadella and others while announcing he was leaving to get back to his entrepreneurial roots. (GitHub, a platform for software developers to store and share code, is owned by Microsoft).”After nearly four years as CEO, I’m leaving GitHub to become a startup founder again,” Dohmke wrote on LinkedIn.Related: I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the WayWhile Dohmke didn’t elaborate on his future entrepreneurial…

In the competitive world of AI, synthetic data—artificially generated datasets designed to mirror real-world statistical patterns—enables developers to overcome data scarcity, reduce manual labelling, and protect privacy by avoiding direct use of real individual records. Collected from statistical resampling and rule-based generation, learned models like GANs (Generative Adversarial Networks), and simulation pipelines, synthetic data can fill gaps in missing or rare scenarios, provide perfectly accurate labels, and easily scale to build model test environments. With proper checks—such as matching real data patterns, testing with models, and keeping audit records—this data stays accurate, reliable, and helps avoid bias or changes over…

This Side Hustle Spotlight Q&A features Scott Hattis, 41, of Brooklyn, New York. Hattis is the CEO and entrepreneur behind Loisa, the Latin food and kitchen brand co-founded in 2018 with his friend Kenneth Luna. Image Credit: Courtesy of Loisa. Scott Hattis, left, and Kenneth Luna, right. Hattis and Luna built Loisa as a side hustle before and after work and on weekends during the brand’s early days. The brand went from a two-product line that shipped roughly five orders per day to one with $70,000 in annual sales — then saw sales surpass $130,000 in just three days in…

Mahindra Logistics Ltd on Monday announced the launch of its premium, and tech-enabled Business-to-Consumer (B2C) mobility service Alyte for urban commuting.The service, which offers seamless airport-to-city, in-city travel, and outstation rides, made its debut in Delhi NCR, with planned expansions across Noida International Airport, Mumbai, Bangalore, Hyderabad, and other key metropolitan cities, Mahindra Logistics Ltd said.Alyte has been serving corporate clients as part of Mahindra Logistics Mobility Enterprise Solutions by unifying all people mobility services under a single, modern brand, it said.The launch of the refreshed version strengthens the company’s B2C mobility portfolio with a focus on providing safe and…

Opinions expressed by Entrepreneur contributors are their own. As a founding entrepreneur, it is hard not to always be “in love” with “your baby”. You created something from nothing, you nurtured it along the way, and you built something really great. Until the point “your baby” stops growing, your profitability falls with increased competition, and the roller coaster starts picking up speed in the wrong direction, with revenues going down, not up as before.It is very easy to want to “stay the course” and hope for things to get better in the future. Depending on the root cause of the…