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Men’s clothing brand Snitch clocks Rs 100 crore ARR in 2 years

Bootstrapped Snitch registered a CAGR of 120% during the period and aims to earn Rs 350 crore by the end of 2025 New Delhi: Homegrown bootstrapped clothing brand Snitch recorded an annual revenue run-rate (ARR) of Rs 100 crore by the end...

Reliance to acquire Metro AG’s India business for Rs 2,850 crore

Through this acquisition, Reliance Retail will get access to a network of 31 large format Metro India stores located in prime locations across key cities New Delhi: Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India...

Flipkart losses widened to over Rs 7,800 crore in FY22

The loss is based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings New Delhi: E-commerce major Flipkart’s losses widened to over Rs 7,800 crore in the financial year 2021-22 based on...

Intersecting Differences between B2C and B2B worlds

It is imperative to understand the similarities and differences between the B2C and B2B worlds. Let’s face it, purchasing something for yourself at home only requires a few keystrokes and the virtual swipe of your credit card. Conversely, corporate buying...

“Beating KYC requirement is tedious for e-commerce clients”

What is your assessment of the Indian logistics industry? How has it evolved over the last 10 years? The Indian logistics sector has been on a high growth trajectory over the last decade due to the significant rise in domestic...

Creating much more than loyalty programmes

ICLP is acknowledged as a worldwide leader in loyalty marketing and customer relationship management. Gurbir Singh Gulati spoke to Mark Spicer, GM, ICLP India, to understand his plans for the Indian market and how loyalty can drive the financial...

Wal-Mart India Rolls Out B2B E-commerce for Lucknow & Hyderabad

Wal-Mart India has rolled out its B2B e-commerce platform for Hyderabad and Lucknow, according to a leading daily. The online store, bestpricewholesale.co.in, has been launched for members of Best Price modern wholesale stores in the respective cities, offering spiacial...

LocalBanya.com: Shaping Online Grocery Market

Rashi Choudhary, Co-founder & COO, LocalBanya.com, Mumbai’s first online supermarket, discusses growth plans following funding by an investing company, with Juhi Sharma. LocalBanya.com has raised Series A funding from Karmvir Avant Group. How does this impact your business? This cash...

LG India targets Rs 1,000 crore revenue from new B2B biz

Korean consumer durable maker LG Electronics entered the country's business solutions space on Tuesday. It is eyeing Rs 1,000 crore in revenues from the segment by 2014. The business solution offering of LG includes digital menu boards for restaurants, digital...

X5 Retail Group Launches New Format

X5 Retail Group N.V., Russia's largest retailer in terms of sales, announces today that it has launched a new retail format operating under the brand name “Pyaterochka-Maxi.” Pyaterochka-Maxi is an economy-class hypermarket focused on sales of food and non-food...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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