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Industrial, warehouse logistics park supply to rise 13-14% in FY25: Report

The sector continues to witness a sustained demand from third-party logistics (3PL) and manufacturing sectorsNew Delhi: Industrial and warehouse logistics park (IWLP) supply is estimated to grow 13-14% year-on-year at around 424 million square feet this fiscal in the...

How India buys groceries online

82% of them were under the age of 27 indicating that the Gen Z buyers wanted their deliveries within 30 minutes despite a fee being charged New Delhi: About 86% online grocery buyers prioritize product quality while 73% of the...

Xiaomi plans to double product shipments to 700 mn in India over next 10 years: Co president

Xiaomi has partnered with Dixon Technologies, Foxconn, Optiemus, BYD etc to make devices in IndiaNew Delhi: Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million over the next 10 years, a senior company...

Budget FY25 should focus on tax relief to boost consumption: India Inc

Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23New Delhi:  The Union Budget FY25 should focus on offering relief to taxpayers, especially in the lower income brackets, to stimulate consumption, industry...

G.O.A.T – a house of D2C brands raises $21mn

The company is looking to use these funds to fuel the growth of the brands in its portfolio.New Delhi: Bengaluru-based G.O.A.T Brand Labs, a D2C house of brands has raised $21 mn (Rs 1755 cr) in a fresh funding...

MobiKwik claims to be largest digital wallet player in terms of transaction value

The company saw its market share by value grow from 11% in March 2024New Delhi: MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI Wallet transactions by value for April and...

Zinka Logistics Solutions Ltd files draft papers to raise funds via IPO

The initial public offering (IPO) of the company is a mix of fresh issuance of Rs 550 crore and an offer for sale of up to 2.16 crore equity sharesNew Delhi: Zinka Logistics Solutions Ltd, a digital platform...

67% Indians prefer makhana and dry fruits as the go-to healthy snacks: Farmley Healthy Snacking Report

More than 6,000 people across India were surveyed representing different age groups like boomers, Gen X, millennials and Gen Z New Delhi: About 67% of Indians prefer makhana and dry fruits as the go-to healthy snacks, according to Healthy Snacking...

Beyoung expands offline reach with new Kota store

The brand targets a GMV of Rs 650 crore by 2027 along with enhancing its omnichannel presenceNew Delhi:  Udaipur-based D2C fashion brand Beyoung has expanded its retail footprint by opening a new store in Rajasthan’s Kota, the company announced in...

Welspun One raises Rs 2,275 crore for second fund to build warehousing assets

The capital was sourced from a diverse pool of about 800 Limited Partners (LPs) or investors, including high-net-worth and ultra-high-net-worth individualsNew Delhi: Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee

Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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