Revenue
Finance and Funding
Sula Vineyards collects Rs 288 crore from anchor investors ahead of IPO
Wine producer brand Sula Vineyards raised Rs 288 crore from 22 investors and has decided to allot 80,70,158 equity shares to anchor investors
New Delhi: Leading wine producer Sula Vineyards on Friday said it has raised Rs 288 crore from anchor...
Fashion
Melorra hits an Annual Recurring Revenue of $100 million
Melorra plans to reach USD 1 billion in revenue by 2026 and launch 350 stores across the world by next year endNew Delhi: D2C jewellery brand Melorra has clocked Annual Recurring Revenue ARR of USD 100 million. The brand has...
In Focus
FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report
PTI -
The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three monthsNew Delhi: The country’s FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets...
E-Commerce
Flipkart losses widened to over Rs 7,800 crore in FY22
PTI -
The loss is based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filingsNew Delhi: E-commerce major Flipkart’s losses widened to over Rs 7,800 crore in the financial year 2021-22 based on...
E-Commerce
CaratLane records 109 percent growth in EBIT in Q2
CaratLane’s Q2 FY23 revenue stood at Rs 445 Cr a growth of 54% YoY, with an EBIT of INR 29 Cr. The brand recorded like-to-like retail sales growth of 41%Mumbai: Omni-channel Jewellery chain CaratLane recorded a revenue (NSV) of Rs....
Big Grid
Apparel retailers could touch 23% revenue growth despite inflation jab
Apparel retailing in India stands to grow by up to 23% in revenue in the current fiscal year ending March 2023, riding on strong same-store sales, a boost in online sales and aggressive store expansions, a report by credit...
Beauty & Wellness
Moroccanoil Experience
Lewanna Group, representatives of Moroccanoil in India, hosted a special in-salon promotion. The event saw patrons of the Kromakay Salon and a select section from the Press experience a luxurious and relaxing time at the salon, wherein they enjoyed...
Retail
Retail Funding: Getting the Equation Right
Retailers need funds to expand operations to newer markets, renovate, increase brand effectiveness, make capital purchases or meet working-capital needs. But funding is a double edged sword – done right, it can increase revenues and profitability; done wrong, it...
Retail
Snapdeal.com looking to set shop in Singapore
Popular daily online deals provider snapdeal.com is planning to set up shop in South East Asia, most likely in Singapore, in the next few months. Speaking to the IndiaRetailing, company chief executive Kunal Bahl, said, “After tasting early success...
Beauty & Wellness
Gold’s Gym plans to open 25 more centres this year
The well known international fitness chain Gold's Gym is all geared up to open 25 more gyms in India. These gyms are to be opened at an investment of around Rs 70 crore, this year. At present, the...
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Latest News
AI spending in India may triple to $5 bn by 2027: Report
AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial...
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