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retail sector growth in india

Retail tech small format grocery chain Frendy raises Rs 2 cr

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts & Micro Kiranas in Tier 3+ towns of Gujarat. New Delhi: Ahmedabad-based tech-enabled small format grocery chain Frendy has raised Rs 2...

Varun Beverages to set up production units for PepsiCo’s snacks brand in Zimbabwe, Zambia

The company plans to set up manufacturing units in Zimbabwe and Zambia entailing an investment of $7 million (around Rs 60 crore)New Delhi: Varun Beverages Ltd., a franchise partner of PepsiCo on Monday said its two subsidiaries plan to...

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: Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...

Zomato hikes platform fee in select cities

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,...

How will tech investments in retail turnout for 2024?

60% of industry professionals say investments in tech will increase in the remainder of the calendar year 2024 IndiaRetailing Insights: Technology investments in the retail sector will increase in the coming months according to a poll conducted by IndiaRetailing. About...

D-Mart’s Q1 net profit rises 17.5% to Rs 774 cr, sales up 18.5% to Rs 14,069.14 cr

The company had posted a net profit of Rs 658.71 crore in the April-June period a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45% in consolidated...

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,...

Apparel Group partners with Crocs in India

Apparel Group has been appointed as Exclusive Retail Licensee for Crocs' footwear New Delhi: Retail conglomerate Apparel Group has partnered with footwear brand Crocs, the company announced in a joint release on Thursday.  Apparel Group has been appointed as Exclusive Retail Licensee for...

Intune opens flagship outlet in Elan Miracle mall

The retailer’s flagship outlet spans an area of 5629 sq. ft New Delhi: Shopper Stop’s Intune has opened its first outlet in Delhi NCR, the company announced in a press release on Thursday. The retailer’s flagship outlet spans an area of 5629 sq....

Toys”R”Us to celebrate 20 July as Play Day

Play Day will be celebrated across its online and offline stores across its the globe New Delhi: Toys brand Toys"R"Us has launched a new global holiday, Toys"R" Us Play Day, the company announced in a press release on Thursday. Play Day...
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Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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