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Purplle opens its doors at Laxmi Nagar Delhi

Founded by Manish Taneja and Rahul Dash in 2012, Purplle specializes in beauty and grooming & salons and spa.New Delhi: Mumbai-based online personal care and beauty platform Purplle.com has opened a new store in Laxmi Nagar, Delhi a social...

Livspace India business becomes ‘cash flow positive’

Livspace is expecting around 30% growth in its revenue during the 2023-24 financial year from around Rs 1,100 crore in the preceding fiscalNew Delhi: Home renovation platform Livspace has become "cash-flow positive" in India business on the back of...

Technology has been a true differentiator for Myntra: Raghu Krishnananda, CPTO

Raghu Krishnananda, Chief Product and Technology Officer, Myntra on how the leading online fashion destination uses technology to operate, differentiate and innovateNew Delhi: With almost three decades of experience, Raghu Krishnananda is a technology leader with experience in driving...

Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore

Devyani International, the Quick Service Restaurant (QSR) operator, is the franchisee for Yum Brands, which operates KFC, Pizza Hut and Taco Bell in IndiaNew Delhi: Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for...

Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore

The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on NSE and the BSENew Delhi: Private equity major Warburg Pincus on Thursday divested an 8.4 per cent stake in Kalyan Jewellers India...

Flipkart starts hyperlocal service 'Flipkart Quick', to expand to 6 cities by year-end

Walmart-owned Flipkart on Tuesday announced the launch of its hyperlocal delivery service 'Flipkart Quick' that will enable customers to receive grocery, fresh vegetables, meat and mobile phones in 90 minutes. “The service will be available in select locations in Bengaluru...

India e-commerce to grow 27 pc, Reliance to capture half of online grocery sales: Goldman

India's e-commerce business is expected to grow at a compound annual growth rate (CAGR) of 27 percent to reach US$99 billion by 2024, Goldman Sachs said projecting that Reliance Industries would capture half of the online grocery sales through...

Victoria Beckham's fashion biz raises £30m private equity investment

Victoria Beckham’s fashion business has received a cash injection of £30m from an investment firm spearheaded by the man behind the rise of French bakery Paul in the UK. The injection by Neo Investment Partners, which is led by David...

Pepperfry raises Rs 210 crore in new round of funding

Pepperfry.com, India’s largest furniture and home marketplace, has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund. This is the largest investment...

We are not looking to exit India, says Foodpanda CEO

Mobile and online food ordering marketplace Foodpanda on Tuesday refuted reports in a leading daily, which stated that the company may be up for sale. According to a report in The Economic Times: "The company (Foodpanda) recently mandated Mumbai-based mid-market investment bank...
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Scent of Success: 5 winning strategies perfume retailers adopt

From utilising advanced technology to embracing rich cultural heritage, here are some strategies adopted by perfume retailers around the...
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