Evenflow Brands, a Bengaluru-based e-commerce rollup platform, has raised $5million (Rs 37 crore) in a pre-series A round from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, and Shiprocket.
China is preparing a substantial fine for Tencent as part of its sweeping antitrust clampdown on internet giants, but it is likely to be less than the $2.75 billion penalty imposed on Alibaba earlier this month.
The Italian label too has introduced the role of director in charge of diversity, equity and inclusion. Based in North America, the position has been entrusted to Malika Savell, formerly with French luxury group LVMH.
European antitrust regulators fined Google a record 4.34 billion euro on Wednesday and ordered it to stop using its popular Android mobile operating system to block rivals, a ruling which Google said it would appeal.