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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting over 3,200 employeesNew Delhi: On-demand convenience platform Swiggy on Monday said it has announced its fifth Employee Stock Ownership Plan...

Amazon India announces new product ranges, deals for Prime Day 2024

Amazon India has launched thousands of new products across over 450 Indian and global brands, for Prime Day 2024New Delhi: Amazon India on Monday announced new product ranges and major deals for its annual shopping fiesta 'Prime Day 2024'...

HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd. on Monday announced the sale of its water purification business under the Pureit brand to AO Smith India Water Products...

Skincare brand Skininspired raises $1.5mn

The funding was led by Unilever Ventures and supported by notable angel investors such as Dr Vaidya’s co-founder Arjun Vaidya. New Delhi: Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...

Footwear brand Egoss to build a new manufacturing unit

With the new unit, the company aims to triple the production capacity to 3 million units a year. New Delhi: New Delhi-based footwear brand Egoss has acquired a new production unit at Agra, a release by the company said on...

Zomato hikes platform fee in select cities

The two companies introduced platform fees last year, initially at Rs 2 per order, which has been increased graduallyNew Delhi: Food delivery firm Zomato has hiked the platform fee to Rs 6 from Rs 5 per order in Delhi,...

Avenue Supermarts’ shares jump over 4%

The stock went up by 4.29 per cent to Rs 5,166.10 on the BSENew Delhi: Shares of Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, climbed more than 4 per cent on Monday after the company...

How will tech investments in retail turnout for 2024?

60% of industry professionals say investments in tech will increase in the remainder of the calendar year 2024 IndiaRetailing Insights: Technology investments in the retail sector will increase in the coming months according to a poll conducted by IndiaRetailing. About...

Taneira by House of Tata partners with Goonj

The collaboration supports Taneira’s new initiative, 'Exchange, Elevate and Empower’, which invites customers to donate their sarees for rural development work Bengaluru: Women’s ethnic wear brand Taneira, from the House of Tata, has partnered with Goonj, a non-governmental organisation working...

Mad Over Donuts opens two stores in Mumbai

Newly launched Mad Over Donuts stores are located at Ambernath and GoregaonBengaluru: Quick service restaurant (QSR) chain Mad Over Donuts (MOD) has opened two new outlets in Mumbai, located at Ambernath and Goregaon, the donut brand said in a...
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Zudio goes global, opens first international store in Dubai

The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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