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Xiaomi plans to double product shipments to 700 mn in India over next 10 years: Co president

Xiaomi has partnered with Dixon Technologies, Foxconn, Optiemus, BYD etc to make devices in IndiaNew Delhi: Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million over the next 10 years, a senior company...

Budget FY25 should focus on tax relief to boost consumption: India Inc

Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23New Delhi:  The Union Budget FY25 should focus on offering relief to taxpayers, especially in the lower income brackets, to stimulate consumption, industry...

G.O.A.T – a house of D2C brands raises $21mn

The company is looking to use these funds to fuel the growth of the brands in its portfolio.New Delhi: Bengaluru-based G.O.A.T Brand Labs, a D2C house of brands has raised $21 mn (Rs 1755 cr) in a fresh funding...

Wooden Street opens 98th store in Chennai

Spread across 3000 sq. ft., the new Wooden Street outlet is located at Marina Mall, OMR EgatturBengaluru: Jaipur-based home decor and furnishing brand Wooden Street has launched its 98th retail store, located at Marina Mall in Chennai, the company...

MobiKwik claims to be largest digital wallet player in terms of transaction value

The company saw its market share by value grow from 11% in March 2024New Delhi: MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI Wallet transactions by value for April and...

Zinka Logistics Solutions Ltd files draft papers to raise funds via IPO

The initial public offering (IPO) of the company is a mix of fresh issuance of Rs 550 crore and an offer for sale of up to 2.16 crore equity sharesNew Delhi: Zinka Logistics Solutions Ltd, a digital platform...

67% Indians prefer makhana and dry fruits as the go-to healthy snacks: Farmley Healthy Snacking Report

More than 6,000 people across India were surveyed representing different age groups like boomers, Gen X, millennials and Gen Z New Delhi: About 67% of Indians prefer makhana and dry fruits as the go-to healthy snacks, according to Healthy Snacking...

Beyoung expands offline reach with new Kota store

The brand targets a GMV of Rs 650 crore by 2027 along with enhancing its omnichannel presenceNew Delhi:  Udaipur-based D2C fashion brand Beyoung has expanded its retail footprint by opening a new store in Rajasthan’s Kota, the company announced in...

Niraamaya Life appoints Ashwani Gandhi as the new CEO

Gandhi will lead the company’s business verticals - retreats, direct-to-consumer (D2C) and products Bengaluru: Digital-first Indian wellness brand Niraamaya Life has appointed Ashwani Gandhi as its new chief executive officer, the company announced on Monday. Gandhi will lead the company’s business verticals—retreats,...

Welspun One raises Rs 2,275 crore for second fund to build warehousing assets

The capital was sourced from a diverse pool of about 800 Limited Partners (LPs) or investors, including high-net-worth and ultra-high-net-worth individualsNew Delhi: Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the...
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Baazar Style Retail IPO gets 4.64 times subscription on Day 2 of offer

The initial share sale received bids for 6,96,80,144 shares against 1,50,30,116 shares on offer, according to NSE dataNew Delhi:...
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