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Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

SuperBottoms secures $5 million in series A1 funding round

Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...

Meesho aims to digitize 10 million Sellers by 2027

The aspirational goal marks a remarkable 10-fold expansion of Meesho’s current seller base of 1.3 million Bengaluru: E-commerce marketplace Meesho has announced its goal to onboard 10 million small businesses by 2027 and help them succeed online at an event held in Delhi on...

Lifestyle International FY23 profit jumps to Rs 700 crore

Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 crore New Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...

Venu Nair’s Quest to Reinvent the Shoppers Stop Mojo

Under the leadership of its managing director Venu Nair, India’s first department store chain Shoppers Stop is reinventing itself once again with a focus on beauty and private labels along with a host of other initiatives. The question is,...

Meesho aims to grow merchant base 10 times to 1.1 cr by 2027

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchants New Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Footwear industry to record 11% revenue growth this fiscal: Report

Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per cent Mumbai: Softening input cost and rising demand will help the footwear industry...

BSH Home Appliances opens 20th Bosch brand store in Bengaluru

Located at HSR Layout, the store offers washing machines, washer-dryers, refrigerators, microwaves, cooktops, hobs and other small appliances Bengaluru: Home appliance retailer BSH Home Appliances has strengthened its presence in Karnataka with the launch 20th Bosch brand store in Bengaluru,...

Home décor brand Akkad Bakkad opens its second store in Bengaluru

The new store is spread across 3000 sq. ft. of retail space and is located at HSR Layout, Bengaluru. Bengaluru: Lifestyle and home décor brand Akkad Bakkad has launched its second physical store in Bengaluru, said the retailer in a...

Lavie Sport signs Bollywood actor Ranveer Singh as its brand ambassador

Ranveer Singh will be seen inspiring the audience to elevate their active lifestyle while being in style with Lavie Sport's range of products such as backpacks, duffle bags, briefcases, and other accessories like wallets and slings Mumbai: Bagzone Lifestyle Pvt. Ltd.,...
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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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