retail industry growth
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...
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...
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...
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...
E-Commerce
Dynamics of India’s E-commerce Growth: AI, Data, and Trust Lead the Way
The day-long insightful discussions at the IMAGES Group’s Internet Commerce Summit uncovered several trends that are impacting Indian e-commerce industry’s dynamics of growth
New Delhi: Artificial Intelligence (AI), data and trust are key drivers impacting e-commerce growth in India according...
Latest News
Walmart sources bicycles from India, partners Hero Ecotech
PTI -
This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...
Fashion & Lifestyle
Soch Apparels opens 45th store in Bengaluru
Located at Commercial Street, the new Soch store is spread across 2,000 sq. ft. of retail spaceBengaluru: Ethnic wear brand Soch Apparels has opened its 45th store in Bengaluru, the retailer said in a press release on Tuesday. Located...
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Latest News
Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding
The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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