retail news and updates
Finance & Funding
Meesho adds 25,000 non-GST sellers in 2 months
PTI -
Earlier this year, Meesho implemented significant technological adaptations, paving the way for non-GST sellers to commence selling on the platform from October 1, 2023New Delhi: Softbank-backed Meesho on Friday said it has onboarded nearly 25,000 non-GST sellers since October...
In Focus
6 Hot Mall Launches of 2023
This year, India saw six big mall launches by major developers like Phoenix Mills Ltd, Pacific Development Corporation Ltd, Lulu Group International and the Prestige GroupNew Delhi:Â The year 2023 has been a positive one for mall supply. In the...
Finance and Funding
Burger Singh Raises Pre-Series B Funding
This funding round was led by Turner Morrison Ltd., with notable participation from Homage Ventures LLP and existing investorsNew Delhi: QSR chain Burger Singh’s parent company Tipping Mr Pink Pvt. Ltd has successfully secured an undisclosed amount in a pre-Series...
Finance & Funding
udaan clinches $340 million financing
PTI -
Existing equity investors Lightspeed Venture Partners and DST Global also participated in the roundNew Delhi: B2B e-commerce platform udaan on Thursday said it has raised $340 million (about Rs 2,822 crore) in a funding round led by M&G Plc.Existing...
Finance and Funding
DOMS Industries IPO fully subscribed within hours of opening
PTI -
The Rs 1,200-crore IPO received bids for 5,04,55,458 shares against 88,37,407 shares on offer, translating into 5.71 times subscription, according to data available with the NSENew Delhi: The initial public offer (IPO) of pencil maker DOMS Industries got fully...
Fashion & Lifestyle
DailyObject opens first store in Gurgaon
The store is designed to offer a unique retail experience where customers can browse and interact with products without assistanceNew Delhi:Â Accessories brand DailyObjects has announced its first offline store called Playground at the DLF CyberHub, Gurgaon, a release by...
Latest News
Inflation rises to 3-month high of 5.55% in November
PTI -
Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...
Spotlight
Automatic payment limit via UPI raised to Rs 1 lakh: RBI
PTI -
UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November
New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...
Latest News
beatXP sales rise 11 times to Rs 250 crore during festive season sale
PTI -
beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year agoNew Delhi: Smart devices company beatXP sales grew by 11 times to around Rs 250 crore...
Latest News
NHAI inks pact to develop multi-modal logistics park at Nagpur at Rs 673 crore
PTI -
This project is poised to be the first multi-modal logistics park (MLP) in Maharashtra under the PM Gati Shakti National Master PlanNew Delhi: State-owned NHAI has signed an agreement to develop a multi-modal logistics park (MMLP) in Nagpur at...
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Latest News
Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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