RIL Chairman Mukesh Ambani announces Rs 5k cr start-up fund ‘Jio Digital India Startup Fund’ to invest in digital businesses
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Tag: Aditya Birla
Khadi for Fashion: KVIC & Aditya Birla Fashion join hands to promote hand-woven fabric
Adding a new strength to Khadi India’s fashion power-house, Aditya Birla Fashion and Retail Ltd. and Khadi and Village Industries Commission, Ministry of MSME, Government of India have announced a strategic collaboration to strengthen the synergies between the two iconic Indian brands. This initi…
RIL may invest in mature start-ups to deploy Rs 5,000 cr fund
Early this month when Reliance Industries (RIL) Chief Mukesh Ambani announced a Rs 5,000-crore proprietary Venture Capital (VC) fund, RIL joined the growing club of conglomerates offering capital to digital start-ups. The conglomerates are offering capital for not only making financial gains, but…
Race to acquire fashion portal Jabong hots up
The race to acquire Jabong is hotting up. Alibaba, Future Group, Flipkart’s unit Myntra and Aditya Birla’s e-commerce venture Abof are among those in negotiations to acquire the online fashion portal, said people with knowledge of the matter. Even Snapdeal is said to be in the fray, b…
Madura Fashion’s khadi garment collection on hold
Aditya Birla group’s apparel arm, Madura Fashion and Lifestyle, has been served a show-cause notice by the government for announcing a new collection of clothes named Khadi, forcing the company to pull back its advertising campaign as well as delay unveiling the range under its Peter England bran…