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Victoria Beckham's fashion biz raises £30m private equity investment

Victoria Beckham’s fashion business has received a cash injection of £30m from an investment firm spearheaded by the man behind the rise of French bakery Paul in the UK. The injection by Neo Investment Partners, which is led by David...

Pepperfry raises Rs 210 crore in new round of funding

Pepperfry.com, India’s largest furniture and home marketplace, has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund. This is the largest investment...

We are not looking to exit India, says Foodpanda CEO

Mobile and online food ordering marketplace Foodpanda on Tuesday refuted reports in a leading daily, which stated that the company may be up for sale. According to a report in The Economic Times: "The company (Foodpanda) recently mandated Mumbai-based mid-market investment bank...

Changing Retail Trends: Where will India be in 2030?

Internet is penetrating all parts of India, with about three Indians being connected to the online world every second. If the same trend continues then an estimate says that about 1 billion Indians will go online by 2030, a huge...

Saif Iqbal, GM and Head – E-commerce and Online, LG Electronics

Saif Iqbal GM and Head – E-commerce and Online LG Electronics LG Electronics India has hired Saif Iqbal to shape its e-commerce strategy by December. India's largest white goods maker plans to launch televisions, white goods and smartphones exclusively for online sales...

Pepperfry on a profit spree with single category retailers

Pepperfry, the Mumbai based online furniture and home decor store has joined hands with single category e-tailers to increase their profit by end of this year. "Discounts matter a lot when you are selling standardised products (like electronics), it is...

Ratan Tata invests undisclosed amount in CashKaro.com

Cashback and coupons site CashKaro.com has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity, his third investment in 2016. The funding comes just two months after...

Motilal Oswal set to offload stake in Mrs Bector's to Singapore PE fund

Motilal Oswal Private Equity is reported to be close to selling its stake in Mrs Bector’s Foods Specialties Ltd to Singapore-based PE fund CX Partners for an estimated Rs 300-350 crore. The company had acquired 20 per cent stake in...

Nitesh Estates ventures into retail space with Nitesh HUB, Pune

Real estate group Nitesh Estates Limited, in partnership with global investment leader Goldman Sachs, has added a retail venture to its footprint of income-generating assets. They have recently acquired and re-launched a mall in Pune, now known as Nitesh...

Indian online space to breach USD100 bn mark by 2020: Report

Triggered by increasing internet usage, discounting and investment by online retailers, India's ecommerce market is expected to breach the USD100-billion mark by FY20, says a report by Goldman Sachs, revising its previous estimate. The overall online market, including travel, payments...
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Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk

More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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