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Apparel Group’s fashion brand R&B opens 3rd store in Ahmedabad

The store is situated at Shahibaug, AhmedabadNew Delhi: Fashion brand Rare and Basics (R&B), owned by Apparel Group has launched its new store in Ahmedabad, wrote the retail conglomerate Apparel Group India on social media. Situated at Shahibaug, the...

Marks & Spencer India head Ritesh Mishra quits

Mishra leaves after a 13-year stint with Marks and Spencer Reliance India, where he rose through the ranks from manager merchandising to Managing Director New Delhi:  Ritesh Mishra, managing director of Marks & Spencer (M&S) in India, has quit the...

mCaffeine introduces Employee Stock Ownership Plan for its employees

The initiative will allocate 10% of the brand's shares to deserving employees New Delhi: Personal care brand mCaffeine has announced Employee Stock Ownership Plan (ESOP)  which will allocate 10% of its shares to deserving employees, as per a press release...

Madras Mandi’s wastage is below 5%, thanks to technology: CEO Prashanth Vasan

Prashanth Vasan, chief executive officer at Madras Mandi on how the farm-to-table omnichannel retailer uses technology to achieve efficiencies that surpass industry standards and benefit over 2000 farmers New Delhi: Madras Mandi was established in 2020 with the goal of...

Paytm to invest Rs 100 cr in GIFT City

New Delhi: Fintech firm One97 Communications, which owns Paytm brand, plans to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, the company said on Wednesday.The company will make the investment...

The Souled Store partners with Simpl, strengthens e-commerce presence

The partnership will help the fashion brand in minimising transaction failures, cash-on-delivery transactions and reducing product returns New Delhi: Fashion brand The Souled Store has partnered with fintech startup Simpl to strengthen its e-commerce platform to provide an enhanced experience...

Stellaris Venture Partners sells Honasa Consumer shares worth Rs 141 cr

New Delhi: Investment firm Stellaris Venture Partners on Monday sold shares of Honasa Consumer for Rs 141 crore through an open market transaction.The Bengaluru-based Stellaris Venture Partners, through its affiliate Stellaris Venture Partners India I, divested 1 per cent...

Retail brands make a beeline for Ayodhya

A host of national and international brands including Zudio, Westside, Pantaloons, Starbucks and Domino’s Pizza are scouting for real estate in Ayodhya to open stores to capitalise on the city's potential as a thriving tourist and pilgrim centreNew...

Fashion brand Unirec raises Rs 1.5 crore in seed funding

The fund will help the brand in market expansion, research, and development for the creation of innovative and sustainable fabricsSustainable fashion brand Unirec said it has secured Rs 1.5 crore ($190,000) from BeyondSeed, a leading Singapore-based seed fund, in...

E-commerce platforms can’t become haven for counterfeiters: Delhi HC

New Delhi: An e-commerce platform cannot become a haven for infringers of intellectual property and have such a system which provides an avenue to counterfeiters, the Delhi High Court has said.The court observed that e-commerce websites are commercial ventures...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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