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Zomato to surrender RBI licence to operate as online payment aggregator

Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...

Community building and employee engagement: Key retail mantras for FY25

Assembling a community around the brand and strengthening the brand's internal community or team is crucial, according to industry leaders at PRC 2024 Bengaluru: Building a niche community centred on a brand, backed by thorough market analysis and strong employee involvement...

Zomato posts Q4 consolidated net profit at Rs 175 crore

Consolidated revenue from operations stood at Rs 3,562 croreNew Delhi: Online food delivery firm Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore in the March quarter on the back of higher revenue.The company had...

Nexus Select Trust records FY24 rev up 13% to Rs 120 billion

Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...

New Balance enters Mumbai

Located on the Linking Road, this marks New Balance's third company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Mumbai, located on the Linking Road, a company official said...

Skincare brand Raw Beauty set to expand globally: founder Sunayana Walia

Over the last five years, Raw Beauty has built a customer base of over 20,000 peopleBengaluru: In the last few years, the demand for clean and effective skin care products has grown in India. Indians are now much more...

How Neha Kant is Championing Fashion Empowerment at Clovia

How a small town girl builds a business that gets acquired by India's retail conglomerate Reliance - valued at Rs 950 crore? Neha Kant, the Founder & Chief Revenue Officer of Clovia, originally from Delhi, spent her formative years in...

Google launches ‘Google Wallet’ for Android users in India

Google Pay is not going anywhere, it will remain our primary payment app, Google Wallet is specifically tailored for non-payment use casesNew Delhi: Tech titan Google on Wednesday launched the Google Wallet app for Android users in India, allowing...

The Phygital Retail Convention deliberates India’s omnichannel growth

India’s D2C market is estimated to reach a size of $100 billion by 2025New Delhi: Amid all the euphoria about Direct-to-Consumer (D2C) brands with online presence, brands are increasingly making their offline presence with omnichannel presence, according to...

Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines

Two-day Phygital Retail Convention deliberates declining consumption disparity New Delhi: Indian e-commerce market is on the rise, but funding from private equity & venture capitalists has been on the decline leading to profitability push led by high platform and delivery...
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Reliance Retail’s Avantra by Trends opens 73rd store pan India

Located at Aparna Neo Mall, Nallagandla, the newly opened Avantra store is its seventh outlet in Hyderabad Bengaluru: Avantra by...
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