today's retail news
Beauty & Wellness
Skincare brand Asaya secures $1.5 Million in seed funding
The raised funds will be utilised for research and development of products that cater to melanin-specific needs
New Delhi: Premium skincare brand Asaya has raised Rs. 12 crore ($1.5 million) in seed funding, the company announced in a press release...
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Otipy partners with QueueBuster POS for powering its Farm to Home Electric carts
The partnership is aimed at achieving faster checkouts and a streamlined shopping experience for Otipy’s customers
New Delhi: Delivery platform Otipy has partnered with QueueBuster, an Android-based point of sale (POS) solution provider to deliver faster checkouts and a streamlined...
Fashion & Lifestyle
Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA
Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...
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India to become NetApp’s top market in APAC in 3-5 years: VP Puneet Gupta
PTI -
In India, NetApp serves customers across some of the largest public and private sector banks, top telecom operators, IT service companies, cloud aggregatorsNew Delhi: With India emerging as a global leader in AI adoption, it is poised to become...
FMCG
Coca-Cola introduces recycled PET bottles in affordable segment
PTI -
The company has launched Coca-Cola in ASSP with rPET in 250 ml bottlesNew Delhi:Â Beverage major Coca-Cola India on Wednesday announced introduction of recycled PET bottles (rPET) in the affordable small sparkling package segment.The company has launched Coca-Cola in ASSP...
Fashion & Lifestyle
Titan lines up aggressive expansion plans for Tanishq, Taneira, other brands this year: MD
PTI -
The company is also planning to launch its exclusive ladies' handbag brand store 'Earth' sometime later this yearChennai: Tata Group's Titan Company Ltd has drawn up aggressive expansion plans across its various brand verticals, especially jewellery vertical Tanishq and...
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Retail sales grow 3% y-o-y in May 2024: RAI Survey
Sales in South India showed the highest increase at 4%, followed by East and West India at 3% each and North India at 2%Bengaluru: Retail sales in May 2024 showed a gain of 3% as compared to the sales...
Finance and Funding
Go Zero Secures $1.5 Mn Follow-On Pre-Series A Funding
The funds will be used to expand its presence on quick commerce platforms along with expanding to Tier 1 cities
New Delhi:Â Â Ice cream brand Go Zero has raised $ 1.5 million in its follow-on pre-Series A funding round, the company...
Finance and Funding
Wahter raises Rs 5 crore in pre-seed funding
The funds will be utilised to expand the distribution network, optimize production processes
New Delhi: Packaged drinking water brand Wahter has raised Rs.5 crore in pre-seed funding at a valuation of Rs 52 crore, the company announced in a press...
E-Commerce
India Inc raises concerns over draft Digital Competition Bill
PTI -
Internet and Mobile Association of India (IAMAI) proposed recommendations for the Dual LegislationNew Delhi: India Inc on Tuesday raised its concerns over the draft Digital Competition Bill 2024 in a meeting chaired by MeitY Secretary S Krishnan.The meeting, earlier...
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Ingka Centres unveils its 2nd meeting place, to invest Rs 55,000 cr
Lykli Noida will be Ingka Centres’ first meeting place in the world with a hotel as part of the...
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