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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: Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...

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: Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...

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...

Walmart sources bicycles from India, partners Hero Ecotech

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...

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...

UPI, Credit to further drive digital payments in e-commerce: Experts

According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution Bengaluru: Notable changes are on the cards for Unified Payments...

ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...

ONDC have to address liability issue: Consumers Affairs Secretary

He said that the government-promoted ONDC has to work on fixing liability in case a consumer does not get the right productNew Delhi: Consumer Affairs Secretary Rohit Kumar Singh on Monday asked the Open Network for Digital Commerce (ONDC)...

Victoria’s Secret launches first store in South India

Located at Phoenix Mall of Asia, Bengaluru, the new outlet is the retailer’s fourth store in IndiaBengaluru: American intimate speciality retailer Victoria’s Secret has launched its first store in South India, an industry official wrote on social media on Thursday....

Toys“R”Us opens its largest high street store in India

The new Toys“R”Us store is located at Linking Road area and is spread across 12,000 sq. ft. of retail space Bengaluru: Retail tech company Ace Turtle has launched the new Toys“R”Us flagship store in Mumbai, located at Linking Road area,...
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Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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