retail industry growth in india
Latest News
About 22 Million Employees Across 31 Countries Celebrated Retail Employees’ Day
India's retail sector, employing over 46 million people, observes Retail Employees' Day (RED) annually on December 12thNew Delhi: Close to 22 million employees across 31 countries including Turkey, UAE, India, Philippines and Bangladesh celebrated the Retail Employees’ Day this...
Finance and Funding
Burger Singh Raises Pre-Series B Funding
This funding round was led by Turner Morrison Ltd., with notable participation from Homage Ventures LLP and existing investorsNew Delhi: QSR chain Burger Singh’s parent company Tipping Mr Pink Pvt. Ltd has successfully secured an undisclosed amount in a pre-Series...
Latest News
DOMS Industries IPO receives 15.16 times subscription on day two of offer
PTI -
The Rs 1,200 crore Initial Public Offer (IPO) received bids for 13,39,90,938 shares against 88,37,407 shares on offerNew Delhi: The initial share sale of pencil maker DOMS Industries received 15.16 times subscription on the second day of offer on...
Finance & Funding
udaan clinches $340 million financing
PTI -
Existing equity investors Lightspeed Venture Partners and DST Global also participated in the roundNew Delhi: B2B e-commerce platform udaan on Thursday said it has raised $340 million (about Rs 2,822 crore) in a funding round led by M&G Plc.Existing...
Food & Beverage
Tim Hortons marks 25-store milestone in India
Located at The Outlet Village in Sangrur, the new highway store represents Tim Hortons' sixth outlet in the stateBengaluru: Canadian coffeehouse and restaurant chain Tim Hortons has launched its 25th store in India in Punjab, a company official wrote...
E-Commerce
Myntra crosses 75 million mark in new app users
Myntra has also experienced a 70% year-over-year (YoY) surge in the direct-to-consumer (D2C) sector during the last quarter
Bengaluru:Â E-commerce platform Myntra has recorded about 75 million new app users in 2023 with its customer base growing by 100% year over...
Finance & Funding
Snitch raises Rs 110 crore in funding round led by SWC Global, IvyCap Ventures
PTI -
The company plans to use the fund in hiring top talents, enhancing its technology infrastructure and expanding retail footprintNew Delhi: Fashion D2C brand Snitch has raised Rs 110 crore in a funding round led by SWC Global and IvyCap...
Finance & Funding
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:Â Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...
Latest News
Fashion-tech platform LehLah announces Athiya Shetty as brand ambassador
PTI -
LehLah is a consumer-focused fashion tech app launched in November 2022 by Ashna RuiaNew Delhi: Fashion-tech platform LehLah on Wednesday announced Bollywood actor and fashion icon Athiya Shetty as a new brand ambassador.In a statement, it said a first...
D2C
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:Â Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...
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Latest News
Flipkart expects to create 1 lakh new jobs ahead of festival season
Most of the jobs created by e-commerce companies during the festival season sale are seasonalNew Delhi: E-commerce major Flipkart...
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