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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...

DOMS Industries IPO receives 15.16 times subscription on day two of offer

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...

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...

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: E-commerce platform Myntra has recorded about 75 million new app users in 2023 with its customer base growing by 100% year over...

Snitch raises Rs 110 crore in funding round led by SWC Global, IvyCap Ventures

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...

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: Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...

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: Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...

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...

Walmart sources bicycles from India, partners Hero Ecotech

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...

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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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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