latest retail news
E-Commerce
Indian firms record 25% biz growth during Amazon’s BFCM 2023 shopping event
PTI -
The business during these events was more than 80 per cent higher than on usual daysNew Delhi: Indian exporters on Amazon Global Selling recorded more than 25 per cent business growth during the Black Friday and Cyber Monday shopping...
Finance & Funding
Snitch raises Rs 110 crore in funding round led by SWC Global, IvyCap Ventures
PTI -
The company plans to use the fund in hiring top talents, enhancing its technology infrastructure and expanding retail footprintNew Delhi: Fashion D2C brand Snitch has raised Rs 110 crore in a funding round led by SWC Global and IvyCap...
Finance & Funding
Distribution-as-a-service start-up ofScale raises $375k in pre-seed round
The funding round was spearheaded by Early-stage VC First Cheque with participation from Matrix Partners India DeVC, Relentless VC and other angel investors
Bengaluru:Â Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...
D2C
Ice cream brand Zimero to launch retail stores in Bengaluru
The company also plans to expand its reach by launching online deliveries in Hyderabad in January 2024
Bengaluru:Â Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...
Latest News
The Good Glamm joins ONDC NetworkÂ
Through ONDC, Good Glamm Group aims to enrich its revenue opportunity by 50% and reach 100% more consumers
New Delhi:Â Content-to-commerce company The Good Glamm Group has announced its onboarding onto the Open Network for Digital Commerce (ONDC) as a...
E-Commerce
Dynamics of India’s E-commerce Growth: AI, Data, and Trust Lead the Way
The day-long insightful discussions at the IMAGES Group’s Internet Commerce Summit uncovered several trends that are impacting Indian e-commerce industry’s dynamics of growth
New Delhi: Artificial Intelligence (AI), data and trust are key drivers impacting e-commerce growth in India according...
Spotlight
Automatic payment limit via UPI raised to Rs 1 lakh: RBI
PTI -
UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November
New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...
Latest News
Walmart sources bicycles from India, partners Hero Ecotech
PTI -
This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...
Latest News
beatXP sales rise 11 times to Rs 250 crore during festive season sale
PTI -
beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year agoNew Delhi: Smart devices company beatXP sales grew by 11 times to around Rs 250 crore...
Fashion & Lifestyle
Soch Apparels opens 45th store in Bengaluru
Located at Commercial Street, the new Soch store is spread across 2,000 sq. ft. of retail spaceBengaluru: Ethnic wear brand Soch Apparels has opened its 45th store in Bengaluru, the retailer said in a press release on Tuesday. Located...
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Latest News
CCD cafe count falls to 450 in FY24, number of operational vending machines rises
The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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