retail industry updates
Finance and Funding
G.O.A.T – a house of D2C brands raises $21mn
The company is looking to use these funds to fuel the growth of the brands in its portfolio.New Delhi: Bengaluru-based G.O.A.T Brand Labs, a D2C house of brands has raised $21 mn (Rs 1755 cr) in a fresh funding...
Finance & Funding
Fabric supply chain company Fabriclore raises $1.6mn
The funding round was led by PeerCapital, based in Bengaluru, and Regal Fabrics, based in the United Arab Emirates
New Delhi: Jaipur-based tech-enabled fabric sourcing platform for fashion business Fabriclore has raised $1.6 million (Rs 13.37 cr) in funding led by PeerCapital,...
E-Commerce
ONDC Network’s inclusive approach brings marginal communities to the forefront of digital commerce
ONDC has onboarded 400 women-led businesses empowering 50 lakh women’s livelihoodNew Delhi: The Open Network for Digital Commerce (ONDC) has enabled the digital inclusion of about 300 sellers, more than 400 women entrepreneurs and 6 clusters, the Open Network...
Beauty & Wellness
Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm, others
PTI -
Founded in 2012, Purplle has granted ESOPs to 320 employees up to dateNew Delhi: Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment...
Consumer Durables & IT
Livpure Chill Air Cooler now available on Blinkit
The partnership will enable 10-minute delivery of air coolers in Delhi NCRNew Delhi: Home and consumer appliance brand Livpure India has partnered with quick commerce platform Blinkit to deliver Livpure Chill 22-litre Personal Air Cooler, the companies announced in a joint...
E-Commerce
Sportking expands into e-commerce
The company has more than 100 stores in Punjab, Jammu & Kashmir and HaryanaNew Delhi: Vertically integrated textile brand Sportking has expanded its online presence pan India, the company announced on Monday.
The retailer, which has more than 100 stores...
Consumer Durables & IT
Sony India MD says country expected to overtake Japan to become 3rd largest global market in two years
PTI -
At present, the US, China and Japan are the top three markets for Sony globally, followed by IndiaNew Delhi: Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in...
Spotlight
Accel bullish on non-urban markets; sees large cos emerging in e-comm
PTI -
Accel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well as content platforms and consumer companiesNew Delhi: Several large, $1 billion-plus companies will be built over the coming decade, serving promising domains such as...
Latest News
Davaindia opens another store in Lucknow
The generic pharmacy chain has 220 stores in Uttar Pradesh, with 25 in Lucknow alone
New Delhi: Surat-based private generic pharmacy retail chain Davaindia on Friday announced the opening of yet another store in Lucknow, where it already has 25...
Food & Beverage
Japanese alcoholic beverage maker Suntory sets up India subsidiary
PTI -
This "aims to cover corporate functions required to build a firm business foundation and accelerate growth in its existing spirits businessNew Delhi: Japanese multinational brewing and distilling company Suntory on Thursday said it has set up an Indian...
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Latest News
Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday
The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July
New Delhi:...
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