retail industry updates
Fashion & Lifestyle
PC Jeweller gets board’s approval to raise Rs 2,000 cr fund via rights issue, convertible warrants
PTI -
 The company said the board approved raising to Rs 500 crore through a preferential allotment of fully convertible warrantsNew Delhi: PC Jewelers on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues...
Consumer Durables & IT
Apple’s iPhone exports from India almost doubled to $12.1 billion in FY24: Trade Vision
PTI -
The total smartphone exports from India surged to $16.5 billion in 2023-24, up from $12 billion in the preceding yearNew Delhi: Apple's iPhone exports from India almost doubled to $12.1 billion in 2023-24 from $6.27 billion in the preceding...
Finance & Funding
Wow! Momo raises Rs 70 cr from Z3Partners
The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi:Â Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...
Finance and Funding
Footwear brand Trase reacquired from Upscalio, raises $0.5mn
Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands in utility categories
New Delhi:Â Founders of the Delhi-based direct-to-consumer (D2C) footwear brand Trase have successfully reacquired their brand from the roll-up...
Fashion & Lifestyle
Tata Trent opens its 3 retail formats in a single building in Hyderabad
The new stores include value retail fast fashion chain Zudio, fashion and lifestyle brand Westside and hypermarket and supermarket store chain Star Bazaar
Bengaluru: Tata Group’s retail division Trent Ltd. has unveiled three of its store formats in a single...
Finance & Funding
Logistics intelligence platform Clickpost raises $6 Mn in Series A round
The funding round was led by Inflexor Ventures Partners, and Athera Venture Partners, along with participation from Riverwalk Holdings and Rebright PartnersNew Delhi: Gurugram-based logistics intelligence platform Clickpost has raised $6 million in Series A funding led by Inflexor...
Beauty & Wellness
Rivpra Formulations launches D2C skincare brand Oteria
The new brand has launched 19 products and plans to launch 30 more products by 2026
Bengaluru:Â Integrated pharmaceutical company Rivpra Formulation has entered the direct-to-consumer (D2C) segment with the launch of Oteria, a premium skincare brand, the company shared in...
Fashion & Lifestyle
Puma onboards fitness icon Milind Soman as running ambassador
Soman will endorse Puma’s Nitro range of footwear and apparel
Bengaluru:Â Multinational sportswear brand Puma has officially signed fitness icon Milind Soman as its running ambassador, marking his first-ever partnership with a performance wear brand, the company shared in a press...
Food & Beverage
In 2-3 years, you’ll see Samosa Singh outlets across the globe: Co-founder Nidhi Singh
The focus of the homegrown samosa QSR chain in the next 10-12 months is to reach the 100 store mark. Out of these, 20 will be opened in the next six months
Bengaluru:Â In the bustling streets of Bengaluru, a culinary...
Latest News
Ace Turtle wins Images Award of Excellence at IFF 2024
The award celebrates Ace Turtle’s efforts in establishing itself as India's first fully digitally integrated retailer
Bengaluru:Â Technology-native retail company Ace Turtle has received the Images Award of Excellence at the India Fashion Forum 2024 organised by retail intelligence company Images...
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Latest News
Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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