Hyderabad: The Directorate of Enforcement attached Rs 61 lakh worth fixed deposits of Al Kabeer Exports Private Limited under the Prevention of Money Laundering Act, 2002, contending that the money was proceeds from ignoring pollution control norms. The ED initiated investigation on the basis of a complaint filed by TS Pollution Control Board in the Court of the Mobile Judicial …
Q1: Generally, startups go to private equity funds and in various rounds raise money and valuation. So what was the reason?Ans:>Building a new format of retail over the next 10-15 yrs>Consumerism is getting quicker>In strategic partnership with Reliance Retail with a long term vision>The partnership is likely to help double the business volume in 5-10 yrs>Leverage existing Reliance Retail supply …
