Indian Retail Industry
Food & Beverage
Japanese alcoholic beverage maker Suntory sets up India subsidiary
PTI -
This "aims to cover corporate functions required to build a firm business foundation and accelerate growth in its existing spirits businessNew Delhi: Japanese multinational brewing and distilling company Suntory on Thursday said it has set up an Indian...
Food & Beverage
Zomato extends its ‘restaurant services hub’ offering pan-India
PTI -
It will be extended to all restaurants across India, irrespective of their arrangement with ZomatoNew Delhi: Online food ordering and delivery platform Zomato on Thursday said it is expanding its 'restaurant services hub', a one-stop solution to help restaurants...
E-Commerce
ONDC to touch 10 million transactions in June: Official
PTI -
ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set up with an aim to democratise the country's e-commerce ecosystem, is on course to touch...
D2C Buzz
Snitch attains 2.4 % share in men’s e-commerce fashion in India
It recently launched a flagship store in Pune’s Amanora Mall, which is the brand’s 11th storeNew Delhi: D2C fashion startup Snitch has acquired a 2.4 % market share in the men's fashion e-commerce segment, the company announced in a...
FMCG
FMCG sector to have sustained growth rate of 7-9% in 2024: Report
PTI -
Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...
Finance and Funding
Nitro Commerce gets seed funding
The funding round was led by Cornerstone Venture partners
New Delhi: Revenue-As-A-Service platform Nitro Commerce has raised an amount of Rs 15 crore in the first phase of its fundraising, the company announced in a press release on Tuesday.
The funding...
E-Commerce
OneStop Retail ties up with Dusaan for e-commerce
OneStop Retail aims to expand its online reach into more states and union territories using the Dusaan's online platformNew Delhi: Mumbai-based OneStop Retail has tied up with e-commerce platform Dusaan as its official online selling partner, the company announced in a...
E-Commerce
Madhya Pradesh emerged as one of the top shopping destinations for Home, Kitchen, and Outdoors products on Amazon.in
Madhya Pradesh witnessed an 80% spike in demand for cricket essentials, with bats alone growing at times YoY
New Delhi: E-commerce platform Amazon saw over 25% Year on Year (YoY) growth across home, kitchen, and outdoors businesses in Madhya Pradesh and...
D2C Buzz
D2C dairy startup Sid’s Farm raises $10 mn
PTI -
The brand said it plans to use the fund to establish a strong presence in Hyderabad and BengaluruNew Delhi: D2C dairy brand Sid's Farm on Tuesday said it has raised $10 million (about Rs 83 crore) in a funding...
Latest News
Industry pitches for tax reduction, rationalisation of duty structure in Budget
PTI -
There is a need for a review of tariffs on imported goods from China related to the petrochem industryNew Delhi: In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Nirmala Sitharaman to...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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