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Shoppers Stop to invest Rs 60 cr in digitalising stores, eyes 20 pc revenue from digital influence

Retail major Shoppers Stop has said it expects about 20 per cent of its revenues to have digital influence by 2020 as it ramps up efforts to move to an Omnichannel model. Shoppers Stop, which has 80 outlets across the country,...

Shoppers Stop partners ToneTag for sound-based contactless payments

Shoppers Stop has partnered with ToneTag, a proximity communications firm, to integrate and deploy ToneTag sound-based contactless payments at its stores. This technology will use sound-waves from mobile phones to enable customers to make ‘cardless’, ‘cashless’ and ‘contactless’ payments...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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