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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...

iD Fresh Food ready to take the coffee market by storm

iD Fresh Food, one of India’s largest fresh food brands, has announced the launch of three unique blends of first-of-its-kind Instant Filter Coffee Liquid. A treat for true connoisseurs, iD Instant Filter Coffee Liquid has been steadily disrupting the non-alcoholic...

Blackstone invests in Future Lifestyle Fashions and its Holding Company

Blackstone and Future Lifestyle Fashions Limited announced that funds managed by Blackstone have invested Rs 1,750 crore (including by way of debentures) in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone...

L Catterton Asia to acquire 10 pc stake in Future Lifestyle Fashions

Future Lifestyle Fashions announced that L Catterton Asia, the Asian unit of the largest and most global consumer focused private equity firm in the world, will make a significant investment in Future Lifestyle Fashions.L Catterton Asia will acquire an...

Lenskart invests US $1 million in US start-up Ditto

Online eyewear firm Lenskart said it has invested US $1 million in Ditto to pick up a minority stake in the US-based start-up. Lenskart already uses Ditto's 3D try-on services on its website and app. Further integration will help Lenskart enhance...

Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...

Lenskart to setup 20 stores per month in tier I, II cities, launches Lenskart Lite

Leading online eyewear firm Lenskart is eyeing major expansion in tier I and II cities across the country and setting up 20 brick-and-mortar stores per month to strengthen itself in such markets. Lenskart, which gets a significant portion of its revenues from offline...

Lenskart raises funds from Premji Invest

Eye-wear e-tailer Lenskart has raised an undisclosed amount from Wipro’s family office Premji Invest. The transaction comes three months after it got Rs 400 crore, in a round led by International Finance Corp, the private sector investment arm of...

Snapdeal acquires silicon valley startup Redcue Data

Online marketplace major Snapdeal has acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform, to strengthen its discovery platform. While the financial terms of the acquisition were not disclosed, the Reduce Data team will join Snapdeal, in the...
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GoKwik and Twid partner for loyalty rewards

Through this partnership, 100 million shoppers in the GoKwik network will be able to access loyalty and reward points...
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