SPIRIT OF MUMBAI

~Unlocks another milestone with hundred new outlets within the last twelve months~ 28 June, 2023, Bengaluru: SUGAR Cosmetics (“SUGAR”), India’s leading omnichannel beauty brand and a cult favorite amongst Gen Z and Millennial consumers, achieves a historic milestone by opening its 200th exclusive brand-owned store within a year of its 100th store launch. With this recent store at Bengaluru - SUGAR now has the highest number of brand owned stores amongst all beauty brands available in India. Situated in a total retail space of 450+ sq. ft. at Mantri Square Mall, SUGAR’s 200th store creates a vibrant and immersive shopping experience for make-up enthusiasts, that houses trending picks across categories such as Lips, Eyes, Face and more. The store has the brand’s trained beauty advisors and cutting-edge product range of 550+ SKUs such as foundations, highlighters, BB creams, concealers, lipsticks, eyeshadows, bronzers and even skincare. Having started as a direct to consumer (D2C) brand i...

  SENCO GOLD LIMITED • Price Band fixed at ₹ 301 to ₹ 317 per Equity Share of face value of ₹ 10 each;   • Offer will open on Tuesday, July 04, 2023 and  close on Thursday, July 06, 2023; • Bids can be made for a minimum of 47 Equity Shares and in multiples of 47 Equity Shares thereafter June 30, 2023: Senco Gold Limited (the “Company”) proposes to open for subscription an initial public offering of equity shares of face value of ₹ 10 each (“Equity Shares”)aggregating up to ₹ 4,050 million (“Offer”) on Tuesday, July 04, 2023. The initial public offering comprises a fresh issue of equity shares aggregating up to ₹ 2,700 million (“Fresh Issue”) and an offer for sale  by SAIF Partners India IV Limited (the “Selling Shareholder”) of equity shares aggregating up to ₹ 1,350 million  (the “Offer for Sale”). The anchor investor bidding period is Monday, July 03, 2023.  The Offer will close on Thursday, July 06, 2023. The Price Band of the Offer has been fixed...

  Background According to data from the Union Ministry of Commerce & Industry, India has solidified its position as a significant global hub for the start-up ecosystem, securing an outstanding third place ranking with an astonishing count of 99,380 start-ups.  The objective of ASK Private Wealth Hurun India Future Unicorn Index 2023 is to highlight India’s fast-growing start-up ecosystem to investors, governments, family offices, aspiring entrepreneurs, and the international community. Hurun Research Institute has classified start-ups as Unicorns (start-ups founded after the year 2000 with a valuation of US$1bn), Gazelles (start-ups that are most likely to go Unicorn in the next three years), and Cheetahs (start-ups that could go Unicorn in the next five years). The evaluation is based on regulatory filings, feedback from other entrepreneurs, and some of the active India-focused VC funds and angel investors. IN SEARCH OF INDIA’S GAZELLES AND CHEETAHS INDIA IS CURRENTLY HOM...