retail industry latest updates
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Over 1.5 lakh startups recognised by government till October
The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging private investments in the startupNew Delhi: Over 1.5 lakh entities have been recognised as startups by the government till October this year, Parliament...
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The Bear House to launch 6 new stores across India by 2025
The new stores will be located in Bengaluru (2), Hyderabad (2), New Delhi (1), and Mumbai (1), each spanning approximately 2,000 sq. ft. New Delhi: Menswear brand The Bear House is set to expand its offline presence with six new...
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Audio brand Boult partners with Cashify
The partnership aims to strengthen Boult’s retail footprint, ensuring easier access to its range of productsNew Delhi: Audio brand Boult has announced a partnership with Cashify, a re-commerce platform, to bring its audio products to a broader customer base. This...
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Kiko Live crosses half a million orders milestone on ONDC
The platform has empowered over 1,000 neighbourhood stores in Delhi/NCR to provide digital ordering and integrated logistics.New Delhi: Kiko Live, a software as a service (SaaS) platform that provides digital storefronts and enables quick commerce for neighbourhood stores, has...
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FSSAI reclassifies packaged drinking water as high-risk, mandates stricter checks
Central licence holders in this category must now submit to annual inspections to mitigate potential health risks associated with packaged water production.New Delhi: The FSSAI has reclassified packaged drinking and mineral water as a high-risk food category, mandating stricter...
In Focus
At Good Glamm, AI chatbots have slashed workload by 70-80%: Deep Ganatra, CPTO
Deep Ganatra, chief product & technology officer (CPTO), The Good Glamm Group, sheds light on the role of technology in the beauty and wellness industry and its impact on personalisationNew Delhi: With almost two decades of experience in the...
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Sundream Group leases over 60% of Anthurium Phase 1 retail space to premium brands
Together, these brands occupy approximately 36,000 sq. ft. of retail space, contributing to Anthurium’s goal of becoming a hub for dining, shopping, and leisure.New Delhi: Sundream Group has leased more than 60% of the retail space in Phase 1...
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Parle Agro FY24 revenue down 12% to Rs 3,126 cr, profit slides 89% to Rs 17 cr
PTI -
Parle Agro Pvt Ltd, an unlisted entity which operates in the Indian beverage industry, posted revenue from operationsNew Delhi: Parle Agro, which operates in the beverage market with brands such as Frooti, Appy, SMOODH and Bailley, has reported a...
Food & Beverage
Dryfruit brand Bolas eyes Rs 2,000 cr revenue in FY25: Director Rahul Kamath
The company, which currently operates 76 stores across Karnataka, plans to increase that number to 100 by the end of FY25
New Delhi:Â Karnataka-based dry fruits brand Bolas is on track to cross Rs 2,000 crore in revenue for the fiscal...
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Sebi proposes increase in application size for SME IPOs
PTI -
This move follows a rise in SME (small and medium enterprises) issues, which has driven significant investor participation.New Delhi: Markets regulator SEBI on Tuesday proposed increasing the minimum application size for SME IPOs to up to Rs 4 lakh,...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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