retail sector growth in india
Finance and Funding
Vermeil jewellery brand Trisu raises pre-seed fundingÂ
The funds were raised by All In Capital, JK Tyres, Amaanta Group, and other angel investors New Delhi: Gurugram-based jewellery brand Trisu has raised an undisclosed amount as its first pre-seed funding round which was led by early-stage venture capital...
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Archies eyes 150% Q commerce growth, global expansion
The company also plans to open 15-20 new company-owned stores by the end of the financial year (FY) 2025
New Delhi: City-based gifting retailer Archies, which clocked Rs 6 crore in sales through quick commerce platforms like Blinkit, Zepto, and...
Fashion & Lifestyle
PN Gadgil IPO subscribed 6.88 times on Day 2 of offer
PTI -
The Rs 1,100-crore initial share sale received bids for 11,61,92,123 shares against 1,68,85,964 shares on offer, as per NSE data.New Delhi:Â The initial public offering (IPO) of jewellery retail chain PN Gadgil Jewellers Ltd got subscribed 6.88 times on the...
Fashion & Lifestyle
PN Gadgil IPO fully subscribed; ends Day 1 with 2 times subscription
PTI -
PN Gadgil Jewellers Ltd on Monday said it has raised Rs 330 crore from anchor investorsNew Delhi:Â The initial public offer of jewellery retail chain PN Gadgil Jewellers Ltd got fully subscribed within a few hours of opening for bidding...
Beauty & Wellness
Expect India to be among Amway’s top 3 global markets in 5 yrs: Country MD Rajneesh Chopra
PTI -
The company, which has invested $4 million (around Rs 35 crore) to set up four new research and development centres in IndiaNew Delhi:Â Direct selling major Amway expects India to be among its top three global markets in the next...
Home Decor & Furnishing
Ikea looking at next phase of investments in India, plans smaller format stores in adjacent markets
PTI -
Ikea's next destination is Delhi-NCR, where it will first start online sales in the first quarter of 2025 and then open its first physical store at its first 'Lykli' centreNew Delhi: Global furniture retailer Ikea is looking for the...
Fashion & Lifestyle
Carrefour to re-enter India in a franchisee partnership with Apparel Group
Apparel Group in India caters to millions of eager shoppers through its over 200 retail stores and over 10 brands New Delhi: France's largest supermarket operator Carrefour is re-entering India in a franchisee partnership with Dubai-based Apparel Group that plans...
Shopping Centres
Lulu Mall Kozhikode opens for public
Spread across three floors, the new 3.5 lakh sq. ft. mall houses a 1.5 lakh square foot Lulu Hypermarket, a multi-cuisine food court with 16 diverse brands and more than 50 leading local, national and international brandsNew Delhi: UAE-based...
Finance & Funding
Baazar Style Retail shares make flat market debut; list at par with issue price
PTI -
The initial public offering (IPO) of Baazar Style Retail garnered 40.63 times subscriptions on the closing day of bidding on TuesdayNew Delhi:Â Shares of Rekha Jhunjhunwala-backed value fashion retailer Baazar Style Retail Ltd made a flat market debut on Friday...
E-Commerce
Flipkart expects to create 1 lakh new jobs ahead of festival season
PTI -
Most of the jobs created by e-commerce companies during the festival season sale are seasonalNew Delhi: E-commerce major Flipkart is expecting to create 1 lakh new jobs for the upcoming festival season sale, The Big Billion Days 2024, across...
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Kerala malls, retailers anticipate strong onam sales despite Wayanad disaster
Malls like Lulu and Forum Malls expect an increase in sales and footfallNew Delhi: Malls and retailers in Kerala...
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