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Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion

The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

Paytm E-commerce partners with NCCF, ONDC to sell tomatoes at Rs 70/kg in Delhi-NCR

NCCF and NAFED are already selling tomatoes at Rs 70 per kg to retail consumers through mobile vans in Delhi-NCRNew Delhi: Paytm E-commerce Pvt Ltd (PEPL) on Tuesday said it has partnered with ONDC and NCCF to sell tomatoes at...

Retail Tech Case Study: How Apparel Group India managed to grow its e-commerce sales by 30%

In addition to growth in sales, the Apparel Group was also able to achieve 12-14% increase in ‘add to cart’ rate, among other benefits, thanks to finding the right tech-implementation partner New Delhi: Covid-19 compelled several companies to turn their focus...

FirstCry expands retail footprint in South India

Opens new stores at Bengaluru in Karnataka and Anna Nagar in Tamil Nadu Bengaluru: Homegrown baby care brand FirstCry has expanded its retail presence in South India with the launch of two new stores—one in Karnataka and the other in Tamil Nadu,...

Indian Domestic Garment industry anticipates 20% surge in festive retail sales: CMAI

According to CMAI, there is optimism surrounding the forthcoming festive season as the demand for apparel is anticipated to be robust despite current challenges Mumbai: According to the Clothing Manufacturers Association of India (CMAI) the Indian apparel market has grown by between 15-20%...

IndiaMart Q1 profit jumps 78% to Rs 83 crore; to buy back shares worth Rs 500 crore

The company also announced the buyback of 12,50,000 equity shares worth Rs 500 croreNew Delhi: Online B2B marketplace and discovery platform IndiaMart on Thursday reported a 78 per cent rise in its net profit to Rs 83 crore in...

Amazon Business records 56% YoY growth during Prime Day

Amazon claimed to have registered a strong growth in Prime membership during the Prime Day event and the highest engagement with 14 per cent more members shopping as compared to last yearNew Delhi: Amazon's B2B platform Amazon Business registered...

Louis Vuitton launches its India e-commerce site

The premium brand is offering bags, jewellery, watches, perfumes, accessories, shoes and apparel with a personalization service on its India websiteNew Delhi: French luxury fashion house Louis Vuitton (LV) on Wednesday has launched its e-commerce site in India in a...

‘Retail in the metaverse: Ready, set, engage’ by Brillio

The report elaborates on how metaverse-related technologies are reshaping the retail landscape and how brands and stores can drive sales in virtual worlds ‘Retail in the metaverse: Ready, set, engage’ report by technology consulting company Brillio elaborates on how metaverse-related...

Triumph appoints Ankur Damani as Commercial Director India and Sri Lanka

Damani will spearhead efforts to help the company achieve three-fold growth in the coming years. He will be responsible for overseeing annual revenue and P&L driving Triumph's next chapter of growth in India and Sri Lanka.  Mumbai: Swiss intimate apparel...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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