retail news India
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FirstClub closes $8 million seed round led by Accel and RTP Global
Using the funding, FirstClub will initially launch packaged foods, fresh foods, bakery, dairy, nutrition, and supplementsBengaluru: Retail platform FirstClub Technology Pvt. Ltd. has closed an $8 million seed funding round led by Accel and RTP Global, the companies said...
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Indian retailers urge FM and GST council to reject GoM’s sweeping GST overhaul
The Indian Sellers Collective and its member organizations emphasize the need for a fair and simplified GST framework to support small retailersNew Delhi: The Indian Sellers Collective, an umbrella body of trade associations and sellers nationwide, has strongly urged...
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New Balance enters Kerala
The latest New Balance store is located at Lulu Mall, KochiBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Kerala, an industry official wrote on social media. The store is located at...
Food & Beverage
Health Focus, Q-commerce & Beverage Expansion: 2025 Priorities For Smoor Chocolates
Kanchan Achpal, Chief Marketing Officer of Smoor Chocolates elaborates on the brand’s ambitions, expansion strategies, and moreBengaluru: The perception of chocolate in India has undergone a major transformation over the years. Earlier, when it came to premium chocolates foreign...
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Flipkart launches its rewards programme SuperCoins on Woggles
Customers on Woggles can now avail additional benefits through redeeming Flipkart SuperCoins while making purchasesBengaluru: Indian e-commerce marketplace Flipkart has expanded its rewards programme SuperCoins by introducing it on the eyewear retail platform Woggles, the e-tailer said in a...
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Coca-Cola sells 40% stake in bottling arm HCCBL to Jubilant Bhartia Group
PTI -
Though the company has not disclosed the amount of the deal, some media reports have pegged it at around Rs 10,000 croreNew Delhi: Global beverages major Coca-Cola has sold 40 per cent stake in its India bottling business Hindustan...
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Culture Circle secures $2 mn in seed funding to expand globally
With the new funding, Culture Circle aims to expand its inventory, strengthen its proprietary technology, and further scale its user communityNew Delhi: Streetwear and sneaker platform Culture Circle has raised $2 million in a seed funding round led by...
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Swiggy stock plunges 5% amid profit booking, anchor lock-in ends
PTI -
The scrip of the company declined 5 per cent each on the BSE and NSE to Rs 515.95 and Rs 516.50 apiece, respectivelyNew Delhi: Shares of food delivery and quick-commerce major Swiggy plunged 5 per cent on the bourses...
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Lingerie Brand Mhyth raises angel funding, achieves over $1mn valuation within a month of launch
The Angel Round was led by Sandeep Daga, Founder & MD of Nine Rivers Capital, and Snehal Shah, a seasoned private equity investor
New Delhi: Lingerie brand Mhyth has raised its Angel Round of funding, achieving a valuation of over...
E-Commerce
E-commerce firms must ensure transparency, uphold consumer interest: Pralhad Joshi
PTI -
The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size and potential of India marketNew Delhi: Minister for Consumer Affairs Pralhad Joshi on Tuesday asserted that e-commerce companies have a significant...
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Epigamia founder Rohan Mirchandani dies of cardiac arrest
Mirchandani (42), who co-founded Drums Food International in 2013, suffered a sudden cardiac arrest on Saturday.New Delhi: Founder of...
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