Narayana Murthy
Retail
Amazon to invest US$ 1 billion in India, to bring over 10 million businesses online by 2025
Amazon announced on January 15, 2020 that it plans to invest US $1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands. The company aims to...
Fashion & Lifestyle
Funding India's sunrise sector, fashion retail
Fashion Forward
Fashion in one of the fastest growing sectors in India and it's no surprise then that it has been generating a lot of investor interest over the last few years. 2015 was a great year for Indian fashion businesses as...
Progressive Grocer
Post Series C infusion, Paper Boat to set up new unit, launch new flavours
Gurgaon-based Hector Beverages Pvt Ltd, which manufactures soft drinks and beverages under the Paper Boat brand, has recently raised Rs 183 crore ($29 million) in Series C round led by Belgium-based investment company Sofina and China's Hillhouse Capital.
Existing investors...
Progressive Grocer
Paper Boat to sail on Railways soon
Hector Beverages, the makers of Indian ethnic drink, Paper Boat, are planning to retail their products on trains.
The Gurgaon-based start-up, which started by former Coca-Cola employees Neeraj Kakkar and Neeraj Biyani in 2010, is now eligible to enter into...
Retail
Infosys Founder Narayana Murthy to Venture into Indian E-commerce Space with Amazon
Infosys founder NR Narayana Murthy is finalising his plans to enter the Indian e-commerce space with Amazon. Murthy will invest in the venture through his firm, Catamaran Ventures, states a leading daily.According to the sources, as India does not...
Retail
Nina Lekhi, MD, Baggit
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First job: Graphic designer
Enduring memory from early career days: Lifting carpets and working as a salesgirl at Shyam AhujaIf not a retailer, what would you be: A painter anytime, and now also! I think Baggit is occupying me too...
Retail
Retail: A barometer of urban health
During India 's misplaced years post-Independence, business and commercial activity was treated as a ‘necessary evil'. Businessmen were labelled as rapacious, self-interested people who needed to be kept under strict control. And shopkeepers were possibly among the lowest on...
Retail
Narayana Murthy to be on HSBC board
Global banking giant HSBC said Indian IT major Infosys' chief mentor NR Narayana Murthy will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh)."Nagavara Ramarao Narayana Murthy CBE (61 years old) has...
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Latest News
Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth
The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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