Quick Fashion Delivery Startup Blip Shuts Down
Co-founder Ansh Agarwal attributed the decision to the result of limited working capital and failure to implement their go-to-market (GTM) in an efficient manner
Consumer
Economy
Retail
Startups Disrupt Indian Retail: A Game-changing Transformation
- by Prabhat Shukla
- December 12, 2024
Startups are revolutionising retail with personalisation, data-driven insights, and innovative strategies, challenging established brands, opine industry insiders
Brands
Companies
News
People
Swiggy Supply Chain Chief Karan Arora Exits, Joins Former Colleague’s Startup
- by BW Retail World Bureau
- April 5, 2024
In the latest high-profile exit from Swiggy, Karan Arora, Vice President and Head of Supply Chain Management (SCM) at the food delivery giant, has announced his resignation after a tenure of three and a half years. Arora’s departure adds to a series of top-level exits at Swiggy, with notable figures like Karthik Gurumurthy, the former […]
Brands
Companies
News
Flipkart In Talks To Acquire Reliance-Backed Dunzo
- by BW Retail World Bureau
- February 22, 2024
Indian ecommerce giant Flipkart has been engaged in discussions in recent weeks regarding a potential acquisition of Dunzo, the hyperlocal delivery startup backed by Reliance Retail, according to media reports. However, complexities surrounding Dunzo’s ownership structure have reportedly posed challenges in finalising an acquisition deal, as per a media report. Despite these challenges, talks between […]
Companies
Finance
News
Consumer Houseware Startup Basil Raises Rs 3.6 Cr In Seed Funding
- by BW Retail World Bureau
- February 20, 2024
Basil, a consumer houseware business, said on Monday that it has secured Rs 3.6 crore in initial investment from IIMA Ventures (previously IIMA-CIIE) and Appreciate Capital. Angel investors in the round included Mohit Sadaani, Co-Founder of The Moms Co., Aprameya Radhakrishna, Co-Founder of Koo, Abhishek Goyal, Co-Founder of Tracxn, Malini Adapureddy, Founder of Deconstruct, and […]
Companies
News
Dunzo Seeks Additional Funding From Reliance Retail Amid Fundraising Challenges
- by BW Retail World Bureau
- July 18, 2023
According to the reports, Dunzo, a cash-strapped startup, is seeking an additional Rs 164 crore (approximately USD 20 million) from Reliance Retail, it’s largest shareholder. This request comes after Dunzo fell short of its target of raising USD 75 million through the issuance of convertible notes. In April, Dunzo managed to raise only USD 45 […]
Companies
Interviews
News
Local Dhobis Retain Lion’s Share Despite Organised Players Gaining 5% Laundry Market Share
- by Amisha Sharma
- July 14, 2023
The Laundry Industry is expected to reach USD 70 billion at a compound annual growth rate (CAGR) of 6-7 per cent year-on-year (YoY) basis and yet the industry is highly unorganised and it is dominated by the local dhobis because people don’t have options, however, this scenario is changing, Anurabh Sinha, CEO of UClean in […]
Companies
E-commerce & Marketplaces
News
NimbusPost, Recur Club Partners To Provide Financing For Ecommerce Sellers
- by BW Retail World Bureau
- July 12, 2023
NimbusPost, a tech-enabled logistics service provider, recently announced an alliance with Recur Club, an alternative financing platform. This partnership will provide financing options to NimbusPost’s clientele base of more than 80,000 ecommerce sellers and D2C brands for their marketing and inventory spending, allowing better cash flow. According to the company, eligible ecommerce sellers on the […]
Electronics
Interviews
News
Hammer Electronics Sets Revenue Target of 100 Cr, Targets US Market With Expansion Plans
- by Amisha Sharma
- June 30, 2023
Hammer, an athleisure tech brand that appeared on the first season of Shark Tank, has seen extraordinary growth and success post getting a deal on the show. In an exclusive conversation with BW Retail World, the company’s founder & chief operating officer (COO), Rohit Nandwani revealed that at the time of the brand’s episode airing, […]