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Snowman Logistics registers 48% growth in revenue in Q1 FY23-24

EBITDA increased to Rs 25.42 crore from Rs 21.26 crore, registering a 20% growth for the same period in the previous year and PAT increased to Rs 3.38 crore from Rs 1.89 crore in the corresponding quarter of the...

Retail Tech Case Study: Decathlon India boosts shopping experience, increases efficiency by 15%

Long queues at its in-store checkout counters were impacting Decathlon’s business. Here’s how the sports retail chain used technology to not only achieve faster checkouts but also increase store efficiencyNew Delhi: Founded in 1976 by Michel Leclerq, France-based sporting...

Supply chain major Prozo opens three warehouses in Bengaluru and Ludhiana

Prozo expands with three new warehouses in Bidadi and Makali and Ferozpur Road, covering 1.5 million sq. ft. in 12 locations across India with 30 omnichannel fulfilment centres operational Mumbai: Prozo, a full-stack supply chain company, has launched three new state-of-the-art...

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...

How AI is transforming eCommerce logistics

Artificial Intelligence is transforming several critical functions of eCommerce logistics to bring significant improvements in efficiency, accuracy, and cost-effectivenessNew Delhi: “The more we can use robots to complete repetitive or distant tasks in highly predictable, structured environments, the more...

How Technology Is Changing The Packaging And Labelling Industry

With the help of technology, mass-produced packaging can used for anticounterfeiting, tracking and tracing and consumer engagementBy Lokesh HarjaniDigital technology has reshaped the business landscape across sectors. The packaging and labeling industry, too, has gone through digital technological advancements. The...

Scaling for success: Five reasons why e-commerce businesses should partner with enablers

Strategies for choosing and collaborating with the right enablement partner in e-commerceNew Delhi: Redseer estimates e-commerce in India to grow nearly three times in the next three years to reach $163 billion by 2026, growing at a compound annual...

DTDC sets up super hub in Chennai

Spread over 1,75,000 square feet of space with a robust infrastructure, the facility has 38 docks, capable of handling and processing over 350 tonnes of shipments dailyMumbai: Express logistics firm DTDC Express on Wednesday announced the opening of a...

Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity

The funding will be utilised to expand French Crown’s international presence Bengaluru: Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...

Warehousing leasing surges to 51 million sq ft in FY23: Report

Mumbai and Delhi NCR led the market in terms of overall transaction volumes during the year with 9.5 million sq ft and 8.6 million sq ft respectivelyBengaluru: Warehousing leasing edged up to 51.32 million square feet across eight cities...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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