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V-Mart Retail Q1 net profit at Rs 12.14 cr, revenue up 15.8% to Rs 786cr

The company recorded a loss of Rs 21.94 crore in the April-June period a year agoNew Delhi: V-Mart Retail Ltd. on Monday reported a profit of Rs 12.14 crore for the first quarter ended in June 2024 against a...

Softbank-backed SaaS platform Unicommerce mobilises Rs 124 cr from anchor investors

Unicommerce has allocated 1,15,23,831 equity shares to 14 funds at Rs 108 apiece, aggregating the transaction size to Rs 124.46 croreNew Delhi: SoftBank-backed SaaS platform Unicommerce eSolutions Ltd. on Monday said it has garnered over Rs 124 crore from...

Ahead of IPO, FirstCry’s parent Brainbees collects Rs 1,886 cr from anchor investors

The IPO, with a price band of Rs 440-465 a share, will open for public subscription on 6 August and close on 8 August New Delhi: Online e-commerce platform FirstCry's parent Brainbees Solutions Ltd on Monday said it has collected...

Customers do not see ShoppersStop.com as just another e-commerce site: Sreekanth Chetlur, Chief E-commerce Officer

Sreekanth Chetlur, chief e-commerce officer, of Shoppers Stop, speaks about the three-decade-old physical-first department store chain’s e-commerce journey, goals and strategies New Delhi: With over 15 years of experience in digital, e-commerce, and omnichannel operations across diverse industries including retail,...

Allcargo Group elevates Ketan Kulkarni as Deputy MD of Allcargo Gati

Kulkarni assumes the new position after serving as the chief growth officer of Allcargo Group, in the chairman’s office Bengaluru: India-born global logistics conglomerate Allcargo Group has appointed Ketan Kulkarni as deputy managing director of the express distribution and supply...

ONDC network monthly orders hit 12 mn in July

The open network saw a new monthly order record in July, reaching a figure of 4,30,000 New Delhi: The Open Network for Digital Commerce (ONDC) has recorded 12 million monthly orders across various categories with daily orders reaching 4,30,000 in...

Reliance Retail’s Azorte opens 3rd store in Bengaluru

The newly launched Azorte store is located at Vega City Mall, BTM Layout, BengaluruBengaluru: Azorte, a premium fashion and lifestyle store chain by Reliance Retail, has launched its third store in Bengaluru, located at Vega City Mall, according to...

Digital-first brand Snitch eyes Maharashtra expansion

The brand plans to open six new stores in the region with an expected monthly revenue of Rs 3.5-5 crore New Delhi: Bengaluru-based omnichannel fashion brand Snitch plans to open six new stores in the month of August in Maharashtra,...

Jumboking eyes Bengaluru as its next big market

The burger chain opened its first store in the city located at HSR LayoutBengaluru: Jumboking, India's third-largest burger chain (after McDonalds and Burger King) has entered Bengaluru with the launch of its first store in the city, located at HSR...

Ace Turtle strengthens team with 3 new senior hires

Rahul Rajan has been appointed as CBO - retail of its fashion brands, Agnes Raja George as AVP and business head of Wrangler and Jitender Singh as AVP and business head of Lee Bengaluru: Technology-native retail company Ace Turtle has...
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Jaipur rapidly emerging as a key market: Amazon India

Consumers in Jaipur are consciously opting for nutritious products, such as peanut butter, dry fruits, ghee, health bars, homoeopathic...
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