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ZopNow to enter high growth phase in 2017; targets US $100 million GMV

ZopNow, the technology platform for online groceries which has over 25,000 products in its catalogue, including fresh fruits and vegetables and high quality staples with a 7:00 am delivery promise is targeting US $100 million GMV in 2017. While many...

Aditya Birla Retail posts Rs 649.42 cr loss despite 21 pc increase in revenue

Aditya Birla Retail Ltd (ABRL) which operates supermarkets and hypermarkets under the brand More, has posted losses in 2015-16. The operator of More supermarkets, however, also reported a 21.3 per cent increase in sales in the previous financial year, despite losses...

Future Group transforming into a consumer goods company: Kishore Biyani

Future Group CEO Kishore Biyani is at it again. Known as as India's Sam Walton, Biyani is in a process of turning his retail organisation into a consumer goods company which will even be engaged in distributing its own products. Biyani said during a...

Future Group denies merger talks with Aditya Birla Retail

Kishore Biyani-led Future Group has denied a report in The Economic Times that it is planning to buy or merge business with Aditya Birla Retail (ABRL). The leading daily's report says: "Kishore Biyani-led Future Group is in early discussions with Aditya Birla Retail...

Boom time for consumers as retailers, mobile wallets tie up

What started as convenience of payments a few years back, is slowly but gradually, turning out to be a revolution. We are talking about the mobile payments revolution, which from a mere recharge of Rs 10 or a bill...

Paytm to power digital payments at leading retail chains

Paytm, India’s largest mobile payment and commerce platform has inked strategic partnerships with leading retail chains across the country, including Spencer’s Retail, Heritage Fresh, More, WH Smith, Kendriya Bhandar, V2 Retail, Value Plus, Pai International (Pai Mobile) and various other large...

DropKaffe raises a bridge round of Rs 3.33 crore

DropKaffe, ready-to-drink dairy beverage maker, has raised a bridge round of Rs 3.33 crore led by Kanwaljit Singh of Fireside Ventures. Other investors in the round includes names like GrowthStory and High Networth and individuals like Apurva Salarpuria of Salarpuria...
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Borzo to move its headquarters to India from Netherlands

The company was launched in India in 2016 as WeFast and later globally rebranded in 2021 as 'Borzo'New Delhi:...
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