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BUSINESS OF KIRANA STORES
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...- Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...
- For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
- Quick commerce becomes FMCG's biggest online sales channel in IndiaLatest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted ...
- B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, othersB2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company ai...
- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
- Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
- India remains on a credible growth path despite fragmented global landscape: N ChandrasekaranIndia shows strong economic growth amidst global uncertainty. This is fueled by its young population, digital advancements, and government ...
- PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across IndiaPhonePe has achieved a major milestone with 50 million registered merchants. This growth signifies a significant step in bringing financial...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- Digital commerce in India will grow to $250 billion by 2030: Google and Deloitte reportIndia's digital commerce is set for massive growth, reaching $250 billion by 2030. Quick commerce will expand significantly, becoming a nor...
- Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
- Kirana stores see dip in business as consumers shift to quick commerce: ReportConsumers are increasingly turning to quick commerce for everyday needs, leading to a reduced reliance on traditional kirana stores, a Gran...
- Business is booming in Ayodhya's kirana storesKirana stores in Ayodhya have stocked up 32% more products compared to last year, anticipating increased demand from the Ram temple inaugur...
- Mom-and-Pop Store Day: Why kiranas will survive the corporate blitzIn India, mom-and-pop stores are typically neighbourhood grocery stores. Apart from being social connectors for the local community, they a...
- Why small shopkeepers are not willing to digitise their kirana stores despite attempts by FMCG cosThe multi-pronged attempts by these FMCG companies to sign up these shop owners have often hit a wall. The claims that tech-enabled solutio...
- Kirana King targets 7,000 stores in five yearsThe company also has its own warehouse with distribution centres.
- Walmart opens its first India ‘dark store’ in BhiwandiThe 45,000 square feet centre at Bhiwandi near Mumbai will serve kirana stores and other B2B businesses through online orders and will most...
- Japan's fund places first bet on ShopKirana"The grocery market in India is mostly supported by small businesses like Kirana stores..... we are very happy to join ShopKirana's journey...
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