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Changing Retail Trends: Where will India be in 2030?

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...

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

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...

Pepperfry on a profit spree with single category retailers

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...

Ratan Tata invests undisclosed amount in CashKaro.com

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...

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

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...

Nitesh Estates ventures into retail space with Nitesh HUB, Pune

Real estate group Nitesh Estates Limited, in partnership with global investment leader Goldman Sachs, has added a retail venture to its footprint of income-generating assets. They have recently acquired and re-launched a mall in Pune, now known as Nitesh...

Indian online space to breach USD100 bn mark by 2020: Report

Triggered by increasing internet usage, discounting and investment by online retailers, India's ecommerce market is expected to breach the USD100-billion mark by FY20, says a report by Goldman Sachs, revising its previous estimate. The overall online market, including travel, payments...

Pepperfry raises a mammoth Rs $100 mn to fuel expansion, technology

Leading Indian furniture and home products marketplace Pepperfry.com has reportedly raised $100 million in a fresh round of funding and has drawn up plans for aggressive growth and to create a robust technology team. The latest funding is the largest...

Azure Hospitality eyes pan India reach, raises Rs 65 cr from Goldman Sachs

Azure Hospitality, owner and operator of pan-Asian restaurant brand Mamagoto, has recently raised Rs. 65 crore from investment banker Goldman Sachs. The investment will be used to further expand Azure’s three restaurant brands throughout India and in select markets...

Ignore Parking Management At Your Own Loss

Unlike in the past, when mall owners and developers outsourced parking to car park operators, as they did not see it adding much value to their business, technology-oriented mall owners have started seeing definite value in investing in good...
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Mad Over Donuts innovates donut experience with Augmented Reality (AR) interactive game

Users can scan the QR code to create and design the doughnuts New Delhi: Quick Service Restaurant chain (QSR) Mad...
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