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Balaji Grand Bazar: Ahead of Times
Ramesh Chand Agarwal, Founder, Balaji Grand Bazar, expanded the family business from a single 450 sq. ft. shop to a chain of 9 stores; he also pioneered the concept of private labels, finds Juhi SharmaSince 1958 many generations of...
Retail
Myntra Expects Mobile Shopping to Account for 70% of its Revenue by FY’16
Online fashion retailer Myntra is increasing focus on mobiles as it expects handsets to account for over half of the revenues by end of this fiscal and up to 70 percent by the end of 2015-16 financial year, accordint...
Fashion & Lifestyle
Flipkart New Line of Investment by DST Global
Flipkart, India's largest online retailer has raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global as declared in a statement released by the company.According to media...
Retail
Yebhi & Fashionandyou Plan to Submit Petition to Modi for Allowing FDI in B2C E-commerce
Asking the new government to review FDI caps, smaller e-commerce firms like Yebhi and Fashionandyou plan to submit a petition to Narendra Modi for allowing foreign investment in B2C companies to help them compete better with Chinese firms, according...
Fashion & Lifestyle
Snapdeal Raises $100 Million from 5 Investors
Snapdeal has raised $100 million (Rs 590 crore) from a group of five investors including Azim Premji's family office, the latest in a flurry of dealmaking in India's fast-growing online retail space.The investment, the third for the Delhi-based company...
Retail
Snapdeal.com raises US$ 100 million
Snapdeal announced that it has completed a new round of equity financing of US$ 100 million. The investors in this financing include funds managed by Temasek, BlackRock, Myriad, Premji Invest and Tybourne.“We see this financing round as another endorsement...
Retail
Retailers Optimising on a Mix of Online & Offline Marketing
The recent trend shows that the boost in online purchases is pushing retail stores to take the online medium to boost their revenues. Marketers today are realising the importance of integrating their online and offline marketing strategies with both...
Retail
Witco and the Indian Luggage Market
The luggage market in India has been growing steadily over the past few years due to the increasing disposable income levels, a rise in air travel, the expanding number of retailers and speciality stores all over India, and luggage...
Retail
eBay India Announces ‘9-Hour Delivery’ Service for Mumbai Consumers
E-commerce marketplace eBay India has announced the first phase launch of the ‘9 Hour Delivery’ service for its Mumbai consumers. Product categories across mobiles, laptops, digital cameras and tablets will fall under the new service. The customers will receive...
Retail
Walmart tops Interbrand’s ‘US Most Valuable Retail Brands 2012 list’
Retaining its number 1 position, Walmart has topped the Interbrand's US Most Valuable Retail Brands list for 2012 with a brand value over US$ 139 bn, down 2 percent from last year. Amazon.com on the other hand emerged as...
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Latest News
NPCI extends market cap deadline for UPI apps for another two years till 2026
This is the third time that the NPCI has extended the deadlineNew Delhi: In a relief to major players...
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