retail sector growth in india
Finance & Funding
Financing platform Velocity announces ₹400 cr festive season fund for D2C brands
The capital will help D2C brands prepare for the demand surge in upcoming festive season sales
New Delhi: Financing platform Velocity has earmarked ₹400 crore to support the financing needs of D2C and e-commerce brands in the upcoming festive season...
Finance and Funding
Ayurveda D2C brand Goodveda plans to raise $1 mn to fund growth plans
PTI -
Goodveda currently has a user base of over 20,000 and its monthly revenue increased to Rs 87.8 lakh in July this yearNew Delhi: Goodveda, a D2C startup offering a range of supplements, ayurvedic remedies, snacks, and wellness programmes -...
E-Commerce
Govt seeks proposals for setting up e-commerce export hubs
PTI -
These hubs would be designated areas, which would act as a centre for favourable business infrastructure and facilities for cross-border e-commerce activitiesNew Delhi: The government has sought proposals from the industry to set up e-commerce export hubs (ECEH) in the...
Latest News
Summercool to inaugurate new manufacturing plant in Prayagraj, UP
The new manufacturing plant spans over 5,000 sq. m.
New Delhi: Home appliances brand Summercool is set to inaugurate its latest manufacturing plant in the Naini Industrial Area, Prayagraj, a release by the company said on Friday.
The new manufacturing plant spanning...
E-Commerce
Zomato shuts down intercity Legends service
PTI -
Legends offered iconic dishes from 10 cities to other parts of the countryNew Delhi: Food delivery giant Zomato has decided to immediately shut down its intercity 'Legends' services, CEO Deepinder Goyal announced on Thursday.In a post on microblogging platform...
Food & Beverage
FSSAI orders removal of A1, A2 milk claims from products
PTI -
The Food Safety and Standards Authority of India (FSSAI) said these claims do not conform with the Food Safety and Standards Act, of 2006New Delhi: Food safety regulator FSSAI on Thursday directed food businesses, including e-commerce players, to remove claims...
In Focus
Decathlon India to invest in fully integrated, convenient shopping journeys: CEO Sankar Chatterjee
Sankar Chatterjee, chief executive officer, of Decathlon Sports India sheds light on the French sports retailer’s take on elevating the customer experience with the right technology and e-commerce strategy
New Delhi: Leading French sports retailer Decathlon is significantly advancing its...
Fashion & Lifestyle
Blackberrys partners with Myntra to further its footprint across the country
This strategic collaboration will enable Blackberry to expand to newer geographies
New Delhi: Menswear brand Blackberrys announced its strategic collaboration with e-commerce platform Myntra on Thursday.
With this collaboration, Blackberrys aims to expand its reach beyond its more than 380 exclusive...
Finance & Funding
Uppercase raises $9mn series B round with Accel
With the $9 million series B round led by Accel, Uppercase’s total funding now reaches Rs. 150 crores since its inception three years back
New Delhi: Luggage brand uppercase has raised $9 million in its Series B round led by...
Latest News
Amazon’s home, kitchen segment witnesses 25% growth in FY’24 in Odisha
PTI -
The company also registered a 15% growth in new customers in Odisha which is one of the fastest-growing states, Amazon India's Home, KitchenNew Delhi: E-commerce major Amazon India on Wednesday said its home, kitchen and outdoors segment has grown...
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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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