Retail Business in India
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Nexus Ventures Partners sells 1.06% stake in Delhivery for Rs 344 cr
PTI -
The shares were disposed of at an average price of Rs 440 apiece, taking the deal value to Rs 344.06 crore.New Delhi: Venture capital firm Nexus Ventures Partners on Wednesday sold 1.06 per cent shares in Delhivery for over...
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Amul ranked as world’s strongest food brand, dairy brand: Report
PTI -
As per the report, Amul has risen from second rank in 2023 to become the world’s strongest food brand in 2024, with a brand strength index (BSI) score of 91.0 out of 100 and an AAA+ ratingNew Delhi: Amul...
Speciality Retail
Zomato to acquire Paytm’s entertainment ticketing business for Rs 2,048 cr
PTI -
Zomato will spin off the new business into a new app called 'District'New Delhi: Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out" segment in a deal that will...
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Godrej Interio to open 10 kitchen stores in Andhra Pradesh and Telangana by the end of 2025
The company aims to grow by 20% in the next three years and expect revenues to reach Rs 25 crore for the states and Rs 50 crore for the Southern zoneBengaluru: Godrej Interio, the home and office furniture entity...
E-Commerce
Amazon’s investment in India to make up for its losses; not to support Indian economy: Goyal
PTI -
Goyal said that Amazon's huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailersNew Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1...
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Reliance’s Hamleys opens 3rd store in Italy
Occupying more than 12,300 sq. ft. of retail space, the newly opened store is located at Oriocentre Mall, Bergamo, ItalyBengaluru: Reliance-owned multinational toy retailer Hamleys has launched its third store in Italy, continuing expansion into the country after making...
Food & Grocery
The Organic World targets 100 stores or Rs 100 crore revenue by FY26: Founder Gaurav Manchanda
The Bengaluru-based grocery retail chain currently operates 20 retail stores across the city and is set to expand to Hyderabad, Chennai, and Pune soon
Bengaluru: The Organic World, a South Indian grocery retail chain and flagship brand of Nimida Group,...
Latest News
IPO-bound Mobikwik turns profitable in FY24; posts Rs 14 crore profit
PTI -
The company had posted a loss of Rs 83.81 crore in the financial year (FY) 2023New Delhi: IPO-bound fintech firm Mobikwik on Tuesday said it has posted a profit of Rs 14.08 crore in FY24, its first fully profitable...
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JR One Footwear to set up two more factories in Tamil Nadu
PTI -
The company had already committed investments of about Rs 5,000 crore for setting up a factory in Perambalur to produce 'Crocs' range of footwearChennai: JR One Footwear Pvt. Ltd., a joint venture company between Phoenix Kothari Footwear Ltd. and...
Latest News
Zappfresh acquires Mumbai-based Bonsaro to expand its online meat delivery business
PTI -
Zappfresh has taken over the entire operations and business of Bonsaro, including all assets, to expand its presence in the western regionNew Delhi: Startup Zappfresh, which sells meat through its online platform, has acquired Mumbai-based Bonsaro to expand its...
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Sanjay Ghodawat Group’s Star Localmart launches milk subscription service
With the new initiative, customers can buy milk at an affordable price than the maximum retail price (MRP) through...
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