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Sridhar Gundaiah

ShopClues associates with StoreKing; targets penetration in rural areas

In a move to increase brand penetration in Tier II and Tier III cities and rural areas, ShopClues, India’s first and largest managed marketplace has announced a strategic partnership with StoreKing. In this collaboration, ShopClues’ products will be shown in...

Axiata Digital invests $16 million in Bengaluru-based StoreKing

Axiata Digital, a wholly-owned subsidiary of Malaysian telecommunications conglomerate Axiata Group Berhad, has invested $16 million in Bengaluru-based StoreKing, an assisted rural commerce startup run by LocalCube Commerce Pvt Ltd. With the newly raised capital, Storeking plans to start moving...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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