retail news updates
Food
Del Monte Foods Pvt. Ltd. appoints Abhinav Kapoor as CEO
PTI -
Kapoor has over two decades of experience in sales and distribution in the FMCG/Consumer businesses sector and previouslyNew Delhi: Â Del Monte Foods Private Limited, which operates in the packed food segment, on Thursday announced the appointment of Abhinav Kapoor...
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Zepto offers multi-language support on its delivery partner app
The quick commerce player has tied up with Reverie Language Technologies to offer support in six regional languages towards overcoming challenges faced by delivery partners.
New Delhi: Mumbai-based quick commerce platform Zepto has taken a step towards offering a multi-lingual...
Finance & Funding
Fabric supply chain company Fabriclore raises $1.6mnÂ
The funding round was led by PeerCapital, based in Bengaluru, and Regal Fabrics, based in the United Arab Emirates
New Delhi: Jaipur-based tech-enabled fabric sourcing platform for fashion business Fabriclore has raised $1.6 million (Rs 13.37 cr) in funding led by PeerCapital,...
Beauty & Wellness
Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm, others
PTI -
Founded in 2012, Purplle has granted ESOPs to 320 employees up to dateNew Delhi: Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment...
Consumer Durables & IT
Sony India MD says country expected to overtake Japan to become 3rd largest global market in two years
PTI -
At present, the US, China and Japan are the top three markets for Sony globally, followed by IndiaNew Delhi: Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in...
Spotlight
Accel bullish on non-urban markets; sees large cos emerging in e-comm
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Accel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well as content platforms and consumer companiesNew Delhi: Several large, $1 billion-plus companies will be built over the coming decade, serving promising domains such as...
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Davaindia opens another store in Lucknow
The generic pharmacy chain has 220 stores in Uttar Pradesh, with 25 in Lucknow alone
New Delhi: Surat-based private generic pharmacy retail chain Davaindia on Friday announced the opening of yet another store in Lucknow, where it already has 25...
Food & Beverage
Japanese alcoholic beverage maker Suntory sets up India subsidiary
PTI -
This "aims to cover corporate functions required to build a firm business foundation and accelerate growth in its existing spirits businessNew Delhi: Japanese multinational brewing and distilling company Suntory on Thursday said it has set up an Indian...
E-Commerce
ONDC to touch 10 million transactions in June: Official
PTI -
ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set up with an aim to democratise the country's e-commerce ecosystem, is on course to touch...
Home Decor & Furnishing
Jaipur Rugs opens store in London, plans to open two more international stores in FY25
PTI -
The company, which is known for its hand-knotted rugs and carpets, would continue to expand in the domestic market by opening stores in tier I & II citiesNew Delhi: Handmade rugs maker Jaipur Rugs, which has opened its showroom...
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Understanding India’s Retail Terrain: Offline Landscape and Consumer Trends
A glimpse of India's offline retail landscape, how consumers shop offline, and the role data plays in connecting the...
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