retail news updates
Finance and Funding
QSR chain Charcoal Eats secures Rs 45 cr funding
The company operates brands such as Charcoal Eats for Biryani and B Burger across Mumbai, Pune and Delhi NCR.
New Delhi: QSR chain Charcoal Eats has raised Rs 45 crore from Girish Patel, founder, of Paras Pharma, Anil Sanghvi, chairman...
Latest News
Lulu Mall Lucknow records 3 cr footfall in 2 Years
Spread over a massive 2.2 million sqft the mall is home to about 300 national and international brands.
New Delhi:Â Lulu Mall Lucknow, operated by Lulu Group India has recorded over 3 crore footfall since its opening two years ago, a...
FMCG
Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD
PTI -
The onset of the 2024-25 fiscal has been very encouraging with most of its summer-led categories like curd, ice creams and dairy beveragesNew Delhi: Mother Dairy is targeting a 13% growth in its turnover to Rs 17,000 crore this...
Fashion & Lifestyle
Shoppers Stop posts net loss of Rs 22.72 cr in Q1
PTI -
The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop said in a regulatory filingNew Delhi: Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs...
Finance & Funding
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:Â Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...
Food & Beverage
Zomato hikes platform fee in select cities
PTI -
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,...
Fashion & Lifestyle
D2C brand Beyoung to go international with the first store in Dubai
The brand is focusing on increasing its presence in the Middle East and achieving a GMV of Rs 650 crore by 2027
New Delhi: Udaipur-based D2C fashion brand Beyoung plans to go international with its first store opening in Dubai,...
Finance and Funding
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...
Finance and Funding
Category selection is core to what we do at Prath Ventures: Co-founders Harmanpreet Singh & Piyush Goenka
Co-founders of Prath Ventures shed light on their investment strategy, evolving consumer brand trends and key considerations before investing in a brand…
New Delhi: Founders of Mumbai-based Venture Capital firm Prath Ventures Piyush Goenka and Harmanpreet Singh believe in the...
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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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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