Indian Retail Industry
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Fashion brand Theater raises $1.5 mn in pre-series A funding
The funding round was led by Mumbai-based venture capital firm Prath Ventures
New Delhi: Chandigarh-based fashion brand Theater has raised around 12.5 crore ($1.5 million) in a pre-series A funding round led by Prath Ventures with additional participation from existing angel investors,...
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Entrepreneur Siddhartha Yog buys over 10 lakh shares of Trent for Rs 718 crore
PTI -
Yog is the founding partner of Xander Group Inc., an emerging markets-focused investment firm that currently manages assets of more than $3 billionNew Delhi:Â Global investor Siddhartha Yog on Monday acquired over 10 lakh shares worth Rs 718 crore of...
E-Commerce
How Shoppers Stop, Blackberrys and Titan are benefiting from GenAI
From more impactful campaigns and meaningful and faster query resolution to substantial savings in marketing spending, leading businesses are reaping tangible benefits of Generative Artificial Intelligence
New Delhi: About six months ago, menswear brand Blackberrys would generally spend around Rs...
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Zomato introduces food expense management platform ‘Zomato for Enterprise’
PTI -
The introduction of ZFE comes nearly a week after the company shut down its 'Intercity Legends' serviceNew Delhi: Zomato CEO Deepinder Goyal on Wednesday announced that the food delivery giant is set to introduce Zomato For Enterprise (ZFE) for...
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Abhiishekk Raj Pandey leaves Mamaearth to join Zalon as CEO
Pandey has worked with leading brands like Honasa (Mamaearth), Purplle, Nykaa, and Colorbar USA
New Delhi: Ex-Mamaearth executive Abhiishekk Raj Pandey has joined Zalon, a B2B tech and product platform that connects Salons to a wide range of beauty products,...
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Coca-Cola India appoints new market head for India Southwest Asia
PTI -
Singh will succeed Arnab Roy, who was recently named the Global Category President, of the Coca-Cola TrademarkNew Delhi: Beverages major Coca-Cola on Friday said Greishma Singh has been appointed as the new market head for India Southwest Asia (INSWA)...
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AC makers’ profits soar in April-June amid blistering heat
PTI -
Companies such as Voltas, Blue Star, Whirlpool of India, Johnson Hitachi, and Havells which owns the Llyods brand have reported a high growth trajectoryNew Delhi: Air-conditioner makers have logged a high double-digit growth in revenue. Several of them had...
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Intune opens its second outlet in Gurugram at Elan Epic Mall
Earlier this month, Intune’s first outlet in Delhi-NCR opened at Elan Miracle Mall, Gurugram
New Delhi: Shoppers Stop’s Intune has opened a second outlet in Gurugram at Elan Epic Mall, Sector 70, a release by the company said on Monday.
The new outlet...
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Honasa Consumer’s Q1 profit jumps 63% to Rs 40.25 cr; sales rise 19% to Rs 554 cr
PTI -
The total income of Honasa Consumer in the June quarter was up 20% to Rs 572.77 croreNew Delhi: Honasa Consumer Ltd, which owns FMCG brands such as Mamaearth and The Derma Co, on Friday reported an increase of 62.9%...
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Blackstone to sell 33 crore units in Nexus Select Trust for nearly Rs 4500 cr
PTI -
Blackstone currently holds around 43% stake in Nexus Select Trust, which is India's first real estate investment trust (REIT) backed by retail propertiesNew Delhi: Global investment firm Blackstone plans to sell 33 crore units in its REIT firm Nexus...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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