Meesho is gaining traction and share as the fastest-growing ecommerce platform in India, according to the latest report by Alliance Bernstein. The findings reveal that Meesho currently has a GMV run rate of over USD 5 billion and around 120 million average monthly active users. In December 2023, Meesho exhibited 32 per cent year-on-year (YoY) […]
India’s value retail industry, excluding food and groceries, is expected to expand to USD 170 billion by 2026, up from USD 111 billion in FY 23, according to Wazir Advisors. This industry is forecast to increase at a compound annual growth rate (CAGR) of 15 per cent between 2023 and 2026, outpacing the entire retail […]
Tata Starbucks unveiled its plan to operate 1,000 stores in India by 2028, translating to the opening of a new store every three days. The strategic vision, articulated on Tuesday, revolves around empowering local partners with skills for employment, creating new stores designed to offer customers an elevated experience, and promoting Indian-origin coffee globally. Established […]
Winni, the online gifting platform, has launched its premium range of chocolates to fulfill the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities. The company has sold Rs 75 crore worth of chocolates in the last 5 years which the sale from tier 2, and tier 3 has […]
In an era of globalisation, big brands vs traditional businesses is a fight that continues in every sector. And the Indian jewellery sector too isn’t untouched by the winds of change. As the big jewellery brands decide to expand in Tier II and even Tier III cities across India, traditional jewellers too have upped their […]
