Welcome to The Brief, a newsletter from the team at Lightbox that cuts through the noise and serves up sharp insights on interesting developments in India's consumer markets. This week we're talking about quick commerce, the IPO market for venture capital and private equity backed companies, and more. Dive in!
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LUXE marks Cityflo’s first entry into the four-wheeler space, expanding its service footprint beyond buses into private rentals, launching with an exclusive fleet of Innova Crystas.
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The re-packaging follows a series of big milestones that the Mumbai-based company has achieved over the past few months. After turning profitable in June last year, it went on to cross the Rs 100 crore net revenue ARR mark and is now well on its way to surpassing the Rs 150 crore mark
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