retail industry growth
Finance and Funding
Indiamart acquires 10% stake in Baldor Technologies Pvt. Ltd.Â
This investment marks a 10% minority stake acquisition for IndiamartNew Delhi: Noida-based online business-to-business (B2B) marketplace Indiamart has invested an amount of Rs 89.7Â crore to acquire a 10% minority stake acquisition in Bengaluru-based IT services and consulting company Baldor...
Finance & Funding
Libas secures Rs 150 cr from IAF Series 5, aims to enhance omnichannel presence
This funding round by IAF Series 5, a fund managed by ICICI Venture, is the first-ever external fund raised by LibasNew Delhi: Delhi-based fast fashion omnichannel ethnic wear brans Libas has raised Rs.150 crore from ICICI Venture fund, a...
Fashion & Lifestyle
Gap opens store in Amanora Mall Pune
 Earlier Gap Inc. had opened stores in Mumbai and Pune
New Delhi: Californian clothing and accessories retail chain Gap Inc. has opened a new store in Pune’s Amanora Mall, a social media post by the mall revealed.
Gap Inc. was founded by Donald Fisher...
FMCG
P&G Hygiene and Health Care appoints Mrinalini Srinivasan as CFO
PTI -
Srinivasan, an alumnus of FMS Delhi, currently leads corporate finance and is also the executive sponsor of gender equality for P&G India groupNew Delhi: Procter & Gamble Hygiene and Health Care Ltd on Tuesday said it has appointed Mrinalini...
Consumer Durables & IT
Lava International appoints Rajesh Sethi as group CFO
PTI -
Sethi has over 27 years of financial management and strategic planning experience, will be responsible for overseeing Lava's financial operationsNew Delhi: Home-grown mobile maker Lava International Ltd has appointed Rajesh Sethi as the new group chief financial officer (CFO),...
Latest News
Nothing Appoints Vishal Bhola as President for India Business
With an experience of 28 years in global business leadership, Bhola's journey includes over two decades at Unilever
New Delhi:Â London-based consumer tech company Nothing has announced the appointment of Vishal Bhola as President for Nothing India on Tuesday.
“Vishal's vast...
Latest News
Modenik Lifestyle appoints  L.V. Vaidyanathan as new Executive Chairman
Vaidyanathan is an alumnus of IIM Ahmedabad, who served as CEO and MD of P&G New Delhi: Essential wear company Modenik Lifestyle Pvt. Ltd. has announced the appointment of L.V. Vaidyanathan as the company new executive chairman, the company said in a press...
Fashion & Lifestyle
 House Of Masaba opens its first flagship store in Chandigarh
Spanning an area of 2,451 sq. ft., the store is located in Chandigarh’s  Madhya Marg, sector 7
New Delhi: Mumbai based apparel brand House of Masaba has opened its first flagship store in Chandigarh, a press release said on Tuesday. The...
Food & Beverage
Proventus Agrocom Ltd. reports 96% growth in FY24 Profit After Tax
The health food brand’s sales increased 43.3% to Rs. 303.62 crore
New Delhi: Health food brand Proventus Agrocom Ltd. (ProV) has reported a Profit After Tax (PAT) of Rs 7.2 crore in financial year (FY) 2024 with an annual growth of 96% year-over-year (YoY), the company said in a press release on Tuesday. ProV...
Latest News
Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
PTI -
Aparna Constructions has a current portfolio of 77 projectsNew Delhi:Â Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore.In a statement, Aparna...
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Latest News
Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035
The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade
Bengaluru:Â Belgian bakery and restaurant brand...
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