retail news
E-Commerce
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:Â E-commerce platform Myntra has recorded about 75 million new app users in 2023 with its customer base growing by 100% year over...
E-Commerce
Indian firms record 25% biz growth during Amazon’s BFCM 2023 shopping event
PTI -
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...
Finance & Funding
Snitch raises Rs 110 crore in funding round led by SWC Global, IvyCap Ventures
PTI -
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...
Finance & Funding
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:Â Distribution-as-a-service start-up ofScale has raised its pre-seed funding round, securing $375k, the company said in a press...
Latest News
Fashion-tech platform LehLah announces Athiya Shetty as brand ambassador
PTI -
LehLah is a consumer-focused fashion tech app launched in November 2022 by Ashna RuiaNew Delhi: Fashion-tech platform LehLah on Wednesday announced Bollywood actor and fashion icon Athiya Shetty as a new brand ambassador.In a statement, it said a first...
D2C
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:Â Ice cream brand Zimero is planning to expand its retail presence in 2024 with the launch of new retail stores in Bengaluru by...
Latest News
The Good Glamm joins ONDC NetworkÂ
Through ONDC, Good Glamm Group aims to enrich its revenue opportunity by 50% and reach 100% more consumers
New Delhi:Â Content-to-commerce company The Good Glamm Group has announced its onboarding onto the Open Network for Digital Commerce (ONDC) as a...
Latest News
Inflation rises to 3-month high of 5.55% in November
PTI -
Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...
E-Commerce
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...
Latest News
Walmart sources bicycles from India, partners Hero Ecotech
PTI -
This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...
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Latest News
Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report
On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr
Bengaluru:Â Parle Products...
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