retail sector
Spotlight
Accel bullish on non-urban markets; sees large cos emerging in e-comm
PTI -
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...
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...
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...
Finance and Funding
AI Startup Datachamps raises seed funding of $5,00,000
The funding was led by Windrose Capital and otherNew Delhi: Nashik-based data transformation and analytics startup Datachamps has raised an amount of $5,00,000 in its seed funding round, the company announced in a press release on Wednesday.
The funding was...
D2C Buzz
Snitch attains 2.4 % share in men’s e-commerce fashion in India
It recently launched a flagship store in Pune’s Amanora Mall, which is the brand’s 11th storeNew Delhi: D2C fashion startup Snitch has acquired a 2.4 % market share in the men's fashion e-commerce segment, the company announced in a...
FMCG
FMCG sector to have sustained growth rate of 7-9% in 2024: Report
PTI -
Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...
Fashion & Lifestyle
Raymond to add over 100 stores of ethnic wear brand Ethnix by Raymond in FY25
PTI -
The company intends to fuel growth with 'Ethnix By Raymond' as it taps into the exponentially growing segment of ethnic wear in IndiaNew Delhi: Leading textile and fabric manufacturer Raymond has plans to add over 100 stores of its...
Finance and Funding
Nitro Commerce gets seed funding
The funding round was led by Cornerstone Venture partners
New Delhi: Revenue-As-A-Service platform Nitro Commerce has raised an amount of Rs 15 crore in the first phase of its fundraising, the company announced in a press release on Tuesday.
The funding...
D2C Buzz
D2C dairy startup Sid’s Farm raises $10 mn
PTI -
The brand said it plans to use the fund to establish a strong presence in Hyderabad and BengaluruNew Delhi: D2C dairy brand Sid's Farm on Tuesday said it has raised $10 million (about Rs 83 crore) in a funding...
Consumer Durables & IT
Inflection Opportunity Fund (IIOF) Picks-up 5% Equity Stake in Vardhman Appliances Limited
The company has a top line of Rs.1000 crores growing at a CAGR of 18%
New Delhi:  Delhi-based Vardhman Appliances Ltd. announced the closure of its Pre IPO placement round, in a press release on Tuesday.
 India Inflection Opportunity Fund  (IIOF)  picked up approximately 5%...
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Latest News
HUL to sell water purification business Pureit to AO Smith India
AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd....
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