retail industry latest updates
Beauty & Wellness
The Ayurveda Experience raises $27 mn from Jungle Ventures, others
PTI -
The company will use the funds to deepen its brand presence and recognition in existing markets, ramp up customer engagement on its platformNew Delhi: Global D2C Ayurveda brand, The Ayurveda Experience has secured $27 million (about Rs 224 crore)...
Fashion & Lifestyle
Armani Exchange India’s A|X Press Play to be held in Pune
 The event will be held at Kopa Mall, Koregaon Park, Pune, on 9-10 March 2024
Bengaluru:Â Italian apparel and accessories brand Armani Exchange (A|X) will conduct the third edition of A|X Press Play, a two-day cultural event at Kopa Mall, Koregaon...
Finance & Funding
AbCoffee raises $3.4 million in series A funding
The funding round was led by Nexus Venture Partners, with participation from existing investor Tanglin Venture Partners
Bengaluru:Â Mumbai-based tech-enabled speciality coffee quick service restaurant (QSR) chain AbCoffee has secured $3.4 million in a series A funding round led by Nexus...
Consumer Durables & IT
Xiaomi shifts gear towards premiumisation with launch of Rs 1 lakh device
PTI -
The company launched Xiaomi 14 Ultra priced at Rs 99,999 apiece and Xiaomi 14 for Rs 59,999 per unitNew Delhi:Â Chinese smartphone maker Xiaomi on Thursday marked a shift in its business strategy to move towards premiumisation of its portfolio...
Food & Grocery
Daymart to surpass Rs 500 crore in FY25: Co-founders
Musthafa Vazhat, managing director of Daymart and Muhammed Ali C., chairman of Daymart, provide insights into the Kerala-based food & grocery retailer's success strategies, inventory management practices and expansion plans
Bengaluru:Â Establishing its presence amidst the multitude of supermarket chains in...
Beauty & Wellness
Nykaa reaches 175 store milestone
The new Nykaa Luxe store is located on the Linking Road at Bandra, MumbaiBengaluru: Mumbai-based fashion and beauty retailer Nykaa has opened its 175th retail store in Mumbai, the company said in a press release on Thursday. Located on...
E-Commerce
Amazon India introduces programmes to support, empower women
PTI -
The company also introduced programmes for women outside its workforce which include Amazon Saheli, AmazeWIT, Amazon WOW, and Amazon Future Engineer
New Delhi: E-commerce platform Amazon India has implemented a range of policies, programmes, and initiatives to mark International Women's...
Latest News
TVS Supply Chain Solutions expands warehouse footprint in TN; to create 1,200 jobs
PTI -
The company's total warehouse capacity has gone up to 21.85 million sq. ft. from the earlier 21.2 million sq. ft. in the countryChennai: TVS Supply Chains Solutions Ltd has expanded its warehouse footprint in the country, by adding 6.50...
Beauty & Wellness
Beauty wellness brand Dr.Rashel opens first store in Mumbai
The store is located at Prakash Building, R.B. Mehta Marg, Ghatkopar East, MumbaiBengaluru: Beauty wellness brand Dr.Rashel, owned by Petrol Perfume group, has opened its flagship skincare store in Mumbai, the company said in a press release on Thursday....
Latest News
Property Share offers Rs 191 crore worth warehouse to investors for fractional ownership
PTI -
The asset, a 9.1 per cent yielding Grade A+ warehouse, has been given on lease to e-commerce player FlipkartNew Delhi: Proptech startup Property Share has identified a premium warehousing project in Jaipur valuing Rs 191 crore and is offering...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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