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Food
ZopNow to enter high growth phase in 2017; targets US $100 million GMV
ZopNow, the technology platform for online groceries which has over 25,000 products in its catalogue, including fresh fruits and vegetables and high quality staples with a 7:00 am delivery promise is targeting US $100 million GMV in 2017.
While many...
Retail
Aditya Birla Retail posts Rs 649.42 cr loss despite 21 pc increase in revenue
Aditya Birla Retail Ltd (ABRL) which operates supermarkets and hypermarkets under the brand More, has posted losses in 2015-16.
The operator of More supermarkets, however, also reported a 21.3 per cent increase in sales in the previous financial year, despite losses...
Food
Future Group transforming into a consumer goods company: Kishore Biyani
Future Group CEO Kishore Biyani is at it again. Known as as India's Sam Walton, Biyani is in a process of turning his retail organisation into a consumer goods company which will even be engaged in distributing its own products.
Biyani said during a...
Retail
Future Group denies merger talks with Aditya Birla Retail
Kishore Biyani-led Future Group has denied a report in The Economic Times that it is planning to buy or merge business with Aditya Birla Retail (ABRL).
The leading daily's report says: "Kishore Biyani-led Future Group is in early discussions with Aditya Birla Retail...
Retail
Boom time for consumers as retailers, mobile wallets tie up
What started as convenience of payments a few years back, is slowly but gradually, turning out to be a revolution. We are talking about the mobile payments revolution, which from a mere recharge of Rs 10 or a bill...
Retail
Paytm to power digital payments at leading retail chains
Paytm, India’s largest mobile payment and commerce platform has inked strategic partnerships with leading retail chains across the country, including Spencer’s Retail, Heritage Fresh, More, WH Smith, Kendriya Bhandar, V2 Retail, Value Plus, Pai International (Pai Mobile) and various other large...
Retail
DropKaffe raises a bridge round of Rs 3.33 crore
DropKaffe, ready-to-drink dairy beverage maker, has raised a bridge round of Rs 3.33 crore led by Kanwaljit Singh of Fireside Ventures.
Other investors in the round includes names like GrowthStory and High Networth and individuals like Apurva Salarpuria of Salarpuria...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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