When FMCG giants pushed on with a cartful of troublesOverall sales of apparel and electronic products have been languishing for over a year now, while those of mass-segment electronic products...
Small towns outpace cities in demand for baby care itemsKirana stores have been losing momentum as consumers shift to modern trade and online channels, which is growing between 29-60%. In compari...
Mobile-based point-of-sale startup QueueBuster raises $8.16 million led by Chiratae VenturesFounded in 2016 by Varun Tangri, QueueBuster is a full-stack mobile PoS application provider, which helps businesses to manage billing, inv...
Udaan fires 180-200 staff, 5% of its workforce, to cut costsA company spokesperson confirmed the development to ET without disclosing the number of employees it had fired.
Point-of-sale startup QueueBuster lands Rs 63 crore fundingThe company plans to use the funds to expand merchant base and improve its product.
- ETTech Deals Digest: Firework raises a big pot amid funding slowdown
Firework has raised over $235 million in equity to date.
1K Kirana raises $25 million from Alpha Wave and others1K Kirana provides a technology platform to grocery stores in smaller towns and cities across India .
FMCG sales from kiranas grow amid pandemicWhile kiranas remained a strong channel for groceries, the pandemic accelerated the shift to online purchase of pricier items such as consu...
Rural consumption takes pole position in second quarterIn the fast moving consumer goods market, rural consumption expanded 58% year on year, twice the rate of urban consumption, which grew 28% ...
Three nonprofits to vaccinate frontline workers & poor with corporate fundingThree Bengaluru-based nonprofits, floated by industry leaders, have launched a mission to vaccinate frontline workers from the private sect...
Walmart India names Sameer Aggarwal as its Deputy CEOWalmart India has elevated Sameer Aggarwal to the role of deputy chief executive officer, and industry sources believe he would take over i...
Walmart, Flipkart invest in NinjacartNinjacart connects farmers to retailers via a network of more than 200 collection centres and 1,200 warehouses across India. It moves over ...
HyperCity eyes 10% sales from international foods next yearHyperCity, at present operates 19 stores in cities like Mumbai, Hyderabad, Bengaluru, Bhopal, Ludhiana, Amritsar, Jaipur, Pune, Ahmedabad, ...
Ninjacart gets Rs 20 crore from Accel partners to fight for farmersThe Bengaluru-based startup helps supermarkets and kirana stores source fresh fruits and vegetables, staples and FMCG goods directly from f...
White-label ATMs face viability hurdleWLAs are machines deployed by non-banking entities which charge banks a fee whenever account holders transact.
Kishore Biyani picks K Radhakrishnan to scale up KB's FairPriceRetail baron Kishore Biyani has handpicked K Radhakrishnan to drive a massive scale-up of his neighbourhood stores chain KB's FairPrice.
- Rahejas to invest Rs 1,500 cr in hypermarkets
The K Raheja group has lined up an investment of around Rs 1,500 crore for setting up 68 hypermarket stores.