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DOMS Industries IPO receives 15.16 times subscription on day two of offer

The Rs 1,200 crore Initial Public Offer (IPO) received bids for 13,39,90,938 shares against 88,37,407 shares on offerNew Delhi: The initial share sale of pencil maker DOMS Industries received 15.16 times subscription on the second day of offer on...

Reliance Brands opens first Manish Malhotra flagship store in Dubai

Located at The Dubai Mall, Downtown Dubai, the new Manish Malhotra store by Reliance Brands Ltd. is spread across 5000 sq. ft. of retail space Bengaluru: Indian luxury brand Manish Malhotra has launched its first global flagship store in Dubai, wrote...

Vanity Wagon, TTK Prestige & Something’s Brewing among those honoured with IMAGES Most Admired E-commerce Company of the Year Awards 2023

Other companies honoured at IMAGES Most Admired E-commerce Company of the Year Awards 2023 include True Elements, Wild Bean Café, Aero Armour, Snitch, Lacoste India, Moomaya, Apollo Pharmacy, Cloud Tailor, Uber, Tata Fleet Edge, Lulu Hypermarket, Lenskart, NYKD By...

Tim Hortons marks 25-store milestone in India

Located at The Outlet Village in Sangrur, the new highway store represents Tim Hortons' sixth outlet in the stateBengaluru: Canadian coffeehouse and restaurant chain Tim Hortons has launched its 25th store in India in Punjab, a company official wrote...

Myntra crosses 75 million mark in new app users

Myntra has also experienced a 70% year-over-year (YoY) surge in the direct-to-consumer (D2C) sector during the last quarter Bengaluru: E-commerce platform Myntra has recorded about 75 million new app users in 2023 with its customer base growing by 100% year over...

Indian firms record 25% biz growth during Amazon’s BFCM 2023 shopping event

The business during these events was more than 80 per cent higher than on usual daysNew Delhi: Indian exporters on Amazon Global Selling recorded more than 25 per cent business growth during the Black Friday and Cyber Monday shopping...

Snitch raises Rs 110 crore in funding round led by SWC Global, IvyCap Ventures

The company plans to use the fund in hiring top talents, enhancing its technology infrastructure and expanding retail footprintNew Delhi: Fashion D2C brand Snitch has raised Rs 110 crore in a funding round led by SWC Global and IvyCap...

Distribution-as-a-service start-up ofScale raises $375k in pre-seed round

The funding round was spearheaded by Early-stage VC First Cheque with participation from Matrix Partners India DeVC, Relentless VC and other angel investors Bengaluru: Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...

Ice cream brand Zimero to launch retail stores in Bengaluru

The company also plans to expand its reach by launching online deliveries in Hyderabad in January 2024 Bengaluru: Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...

Dynamics of India’s E-commerce Growth: AI, Data, and Trust Lead the Way

The day-long insightful discussions at the IMAGES Group’s Internet Commerce Summit uncovered several trends that are impacting Indian e-commerce industry’s dynamics of growth New Delhi: Artificial Intelligence (AI), data and trust are key drivers impacting e-commerce growth in India according...
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Future Consumer narrows down Q1 loss to Rs 15.8 crore

It had reported a net loss of Rs 24.40 crore in the April-June period a year ago, according to...
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