Lyskraft, an omnichannel fashion startup floated by former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal, has secured $26 Mn (around INR 216 Cr) in a seed funding round led by Peak XV Partners. As per ET’s report, the freshly raised capital will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands.
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Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks. Microsoft is the only buy if investors must dabble in the tech sector, he said. Gross also questioned the rationale for owning bonds. Yields spiked Thursday after the GDP report. Bill Gross says investors should avoid tech stocks.
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Cargo container reuse platform MatchLog Solutions has raised $1.5 Mn in its pre-Series A funding round co-led by Motion Ventures and July Ventures. The round also saw participation from Venture Catalysts, Blue Ashva Capital, and Capital A. Founded in 2019 by Dhruv Taneja, MatchLog operates a unified multimodal digital logistics platform that aims to optimise cargo and container movements.
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