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Unicommerce to acquire e-commerce tech platform Shipway in equity-cash deal

In the first tranche, Unicommerce will acquire a 42.76% stake in Shipway for a cash consideration of Rs 68.4 crore.New Delhi: E-commerce SaaS platform for logistics Unicommerce will acquire a Gurugram-based e-commerce technology firm Shipway in a mix of...

Indian wear is going to become global and it will put Libas on the world map: Founder Sidhant Keshwani

Sidhant Keshwani, founder and chief executive officer, D2C-first women’s fast fashion ethnic brand Libas on its largest store, offline expansion and international ambitionsLaunched in 2004, Delhi-based modern ethnic wear brand Libas has effectively leveraged digital platforms and D2C strategies...

Libas opens largest store in Lajpat Nagar, Delhi 

The new flagship bridal store is spread across five floors and is spread over 11,000 sq. ft. New Delhi: City-based fast fashion omnichannel ethnic wear brand Libas has launched its flagship bridal store in Lajpat Nagar. Spread across five floors...

Fundraise in retail down by 49% Q-o-Q at Rs 740 crore

Of the overall funds received by retail companies, fashion and lifestyle brands garnered the maximum with over Rs 500 crore.  IndiaRetailing Insights: Fundraises in the retail sector in the April 2024 to June 2024 quarter dropped by almost 49% to...

Retail Tracker: May sees over 162 new store openings

With over 63 new stores opening in the region, North led the charge IndiaRetailing Insights: Retail store launches in May 2024 stood at over 162, according to the data compiled by IndiaRetailing Insights, a retail intelligence unit.Region-wise With over 63 new...

Libas secures Rs 150 cr from IAF Series 5, aims to enhance omnichannel presence

This funding round by IAF Series 5, a fund managed by ICICI Venture, is the first-ever external fund raised by LibasNew Delhi: Delhi-based fast fashion omnichannel ethnic wear brans Libas has raised Rs.150 crore from ICICI Venture fund, a...

Libas partners with GoKwik to improve D2C customer experience

Through this collaboration, Libas aims to enhance its D2C contribution to its revenue and carve an omnichannel growth path New Delhi: Leading ethnic fashion brand Libas has entered into a strategic partnership with GoKwik, an e-commerce enabler to expand its...

3.5 million customers shop during the 12th edition of Myntra’s EORS

Myntra concluded the 12th edition of its EORS, with 10 million+ items sold, towards the end of the four day event that began on June 19. Shoppers across the country placed about 4 million orders, across multiple categories, of...

The Great Indian Mall Story: The Rise of the shopping centre industry

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...
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Leather brand H&S debuts in Bengaluru

Spanning 1,500 sq. ft. of real estate, the new store is located on Richmond Road, BengaluruBengaluru: Leather brand H&S...
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