retail industry latest updates
In Focus
What’s driving the adoption of mobile POS in India
More and more retailers are switching to mobile point-of-sales solutions due to benefits in the areas of billing, inventory, delivery, and consumer experience
New Delhi:Â At many stores across the country, billing is done on wireless or hand-held devices such as a...
Finance and Funding
AI Startup Datachamps raises seed funding of $5,00,000
The funding was led by Windrose Capital and otherNew Delhi: Nashik-based data transformation and analytics startup Datachamps has raised an amount of $5,00,000 in its seed funding round, the company announced in a press release on Wednesday.
The funding was...
FMCG
Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report
PTI -
A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...
Home Decor & Furnishing
Stanley Lifestyles IPO subscribed 97 times on last day
PTI -
The IPO has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity sharesNew Delhi: The initial public offering (IPO) of luxury furniture brand Stanley Lifestyles got subscribed 96.98 times...
FMCG
FMCG sector to have sustained growth rate of 7-9% in 2024: Report
PTI -
Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...
Fashion & Lifestyle
Raymond to add over 100 stores of ethnic wear brand Ethnix by Raymond in FY25
PTI -
The company intends to fuel growth with 'Ethnix By Raymond' as it taps into the exponentially growing segment of ethnic wear in IndiaNew Delhi: Leading textile and fabric manufacturer Raymond has plans to add over 100 stores of its...
Fashion & Lifestyle
Onitsuka Tiger launches flagship Store in Mall of Dehradun
The latest store is the retailer’s 11th store in the country
New Delhi: Japanese fashion brand Onitsuka Tiger has expanded its retail footprint by opening its flagship store in the newly-opened Mall of Dehradun.
The latest store is the retailer’s 11th...
Finance and Funding
Nitro Commerce gets seed funding
The funding round was led by Cornerstone Venture partners
New Delhi: Revenue-As-A-Service platform Nitro Commerce has raised an amount of Rs 15 crore in the first phase of its fundraising, the company announced in a press release on Tuesday.
The funding...
E-Commerce
OneStop Retail ties up with Dusaan for e-commerce
OneStop Retail aims to expand its online reach into more states and union territories using the Dusaan's online platformNew Delhi: Mumbai-based OneStop Retail has tied up with e-commerce platform Dusaan as its official online selling partner, the company announced in a...
E-Commerce
Madhya Pradesh emerged as one of the top shopping destinations for Home, Kitchen, and Outdoors products on Amazon.in
Madhya Pradesh witnessed an 80% spike in demand for cricket essentials, with bats alone growing at times YoY
New Delhi: E-commerce platform Amazon saw over 25% Year on Year (YoY) growth across home, kitchen, and outdoors businesses in Madhya Pradesh and...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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