retail sector
E-Commerce
Vanity Wagon, TTK Prestige & Something’s Brewing among those honoured with IMAGES Most Admired E-commerce Company of the Year Awards 2023
Other companies honoured at IMAGES Most Admired E-commerce Company of the Year Awards 2023 include True Elements, Wild Bean Café, Aero Armour, Snitch, Lacoste India, Moomaya, Apollo Pharmacy, Cloud Tailor, Uber, Tata Fleet Edge, Lulu Hypermarket, Lenskart, NYKD By...
Food & Beverage
Tim Hortons marks 25-store milestone in India
Located at The Outlet Village in Sangrur, the new highway store represents Tim Hortons' sixth outlet in the stateBengaluru: Canadian coffeehouse and restaurant chain Tim Hortons has launched its 25th store in India in Punjab, a company official wrote...
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...
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...
Fashion & Lifestyle
DailyObject opens first store in Gurgaon
The store is designed to offer a unique retail experience where customers can browse and interact with products without assistanceNew Delhi:Â Accessories brand DailyObjects has announced its first offline store called Playground at the DLF CyberHub, Gurgaon, a release by...
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
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...
Spotlight
Automatic payment limit via UPI raised to Rs 1 lakh: RBI
PTI -
UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November
New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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