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

Indiaretailing Bureau -
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...
Retail

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

Indiaretailing Bureau -
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...
Fashion & Lifestyle

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

Indiaretailing Bureau -
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...
Latest News

Pepperfry raises Rs 210 crore in new round of funding

Indiaretailing Bureau -
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...
Food

We are not looking to exit India, says Foodpanda CEO

Charu Lamba -
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...
Retail

Changing Retail Trends: Where will India be in 2030?

Ameen Khwaja -
Internet is penetrating all parts of India, with about three Indians being connected to the online world every second. If the same trend continues then an estimate says that about 1 billion Indians will go online by 2030, a huge...
Who’s Who

Saif Iqbal, GM and Head – E-commerce and Online, LG Electronics

Indiaretailing Bureau -
Saif Iqbal GM and Head – E-commerce and Online LG Electronics LG Electronics India has hired Saif Iqbal to shape its e-commerce strategy by December. India's largest white goods maker plans to launch televisions, white goods and smartphones exclusively for online sales...
Latest News

Pepperfry on a profit spree with single category retailers

Indiaretailing Bureau -
Pepperfry, the Mumbai based online furniture and home decor store has joined hands with single category e-tailers to increase their profit by end of this year. "Discounts matter a lot when you are selling standardised products (like electronics), it is...
Retail

Ratan Tata invests undisclosed amount in CashKaro.com

IMAGES Retail Bureau -
Cashback and coupons site CashKaro.com has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity, his third investment in 2016. The funding comes just two months after...
Progressive Grocer

Motilal Oswal set to offload stake in Mrs Bector's to Singapore PE fund

Progressive Grocer Bureau -
Motilal Oswal Private Equity is reported to be close to selling its stake in Mrs Bector’s Foods Specialties Ltd to Singapore-based PE fund CX Partners for an estimated Rs 300-350 crore. The company had acquired 20 per cent stake in...
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Home Decor & FurnishingNehal Gautam -

Rise of the Sleep industry in India

Sleep solutions business in India is witnessing growth, thanks to Indians waking up to the importance of good slumber Mumbai: The...
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