Temasek
Fashion & Lifestyle
Lenskart raises USD 200 mn in secondary investment from Temasek, Fidelity
PTI -
Lenskart has attracted close to USD 1 billion in capital over the last 18 months, making it one of the largest growth-stage financings globallyNew Delhi: Indian eyewear retailer Lenskart has raised USD 200 million in secondary investment from Temasek...
Latest News
Lenskart opens 1st store in Jeddah, 4th in Saudi Arabia
The company forayed into the Kingdom of Saudi Arabia in December 2023 with its first store in Riyadh
New Delhi: Gurugram-based omnichannel eyewear retail chain Lenskart has opened its first store in  Jeddah, Kingdom of Saudi Arabia, a social media post...
Speciality Retail
Lenskart opens 3rd store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its first store in Dubai
New Delhi:Â Gurugram-based eyewear retail chain Lenskart has opened its third flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
Latest News
India’s internet economy to grow 6-fold to $1 trillion by 2030: Report
PTI -
The growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and online travel segmentNew Delhi: India's internet economy is expected to register six-fold growth and touch $1 trillion in terms of online transaction...
Retail
Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision
Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart.
According to a PTI report: Glass, a former Microsoft executive, has written an email...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
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Latest News
French furniture brand Gautier re-enters India with Creaticity
As part of the launch, Gautier has unveiled its first exclusive showroom in India located in PuneBengaluru: French furniture...
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