RTP Global leads the investment round, with participation from new investors Trifecta Capital, Lightspeed and Alteria Capital as well as established investors Lightspeed and Alteria Capital Zyod has raised 18 million USD in its series A fundraising round. Leading this investment round was RTP Global, with participation from new investors Trifecta Capital, Lightspeed and Alteria […]
This stand-alone outlet, encompassing 195 square feet of retail space, is located in the airport area of Juhu Ayurvedic brand SoulTree has officially made its debut in Mumbai with the launch of its first Soul Sanctum store in the city. This stand-alone outlet, encompassing 195 square feet of retail space, is located in the airport […]
New Sri City plant to boost production, eyes significant growth in domestic and export markets Daikin is poised to scale up its operations in India with a manufacturing target of two million and plans to explore more export opportunities. “The company has already sold seven lakh units of residential air conditioners (RAC) in the first […]
This new store spans 3,400 square feet of retail space Snitch has opened its 10th exclusive store in Hyderabad at Sarath City Capital Mall spanning 3,400 square feet of retail space. Focusing on expanding its footprint in the southern markets, the store features a variety of clothing, suits, accessories and sunglasses, tailored to the tastes […]
The launch includes fragrances with makeup to follow; new boutiques in Delhi and Mumbai are slated for opening SS Beauty, a division of Shoppers Stop, has introduced Giorgio Armani products in India through a distribution partnership with Global SS Beauty Brands. Initially focusing on fragrances, the launch will expand to include Armani’s makeup line within […]
CPI-AL and CPI-RL show minor fluctuations in May as compared to April Retail inflation for agricultural labourers and rural workers remained almost flat at 7 per cent and 7.02 per cent, respectively, in May as against the two comparative figures of 7.03 per cent and 6.96 per cent a month ago. The corresponding figures in […]
The above-normal monsoon forecast brings hope for improved Kharif production The government has bought nearly 71,000 tonnes of onion so far this year to add to its buffer stock. It has set a target of procuring five lakh tonnes of onion for price stabilisation and expects retail prices to ease as the monsoon progresses over […]
Flipkart’s service arm, Jeeves, will support the after-sales service for the Admiral product range Admiral brings its expertise in appliances and electronics as it gears up to make its foray into the Indian market in association with Flipkart. Flipkart’s service arm, Jeeves, will support the After Sales Service for the Admiral product range. Vishal Saxena, […]
This comes as the company achieves near EBITDA positivity with 140 per cent year-on-year growth Zepto, India’s fastest-growing consumer internet company, has raised 665 million USD at a 3.6 billion USD valuation in a highly oversubscribed round. Avenir, Lightspeed and Avra joined the company’s cap table as new investors, among others. Existing investors Glade Brook, […]
Organised retail and rising disposable incomes drive significant growth in the jewellery sector India’s jewellery retail sector has surged from 50 billion USD in 2018 to 80 billion USD (Rs 666,480 crore) in 2024, according to a report by Motilal Oswal Financial Services (MOFSL). There are multiple drivers in the industry-leading to such growth, driven […]
