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OMNICHANNEL PRESENCE
RIL AGM: Jio listing soon, but anybody's guess on Reliance Retail IPO. Here's what Mukesh Ambani saidReliance Industries Chairman Mukesh Ambani steered clear of any timeline for the much-anticipated Reliance Retail IPO at the recent annual ...- India's consumption story coming back to life and the timing couldn't be better: Ashi AnandIndian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are ...
- Tata 1mg turns Ebitda positive across core units as diagnostics crosses Rs 600 crore in ARRThe company said its diagnostics business crossed an annualised revenue run rate of more than Rs 600 crore during the year, growing over 40...
- Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John FurnerWalmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformativ...
- Early Lenskart investor Alpha Wave trims stake by 2.5% in open marketAlpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. D...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- Why India’s beauty shoppers scroll more but still buy offlineIndia's beauty and personal care market is experiencing a digital surge, with online influence tripling since 2021. While 53% of shoppers a...
- Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...
- Reliance Retail buys Priyanka Chopra Jonas’ Anomaly in beauty expansion pushReliance Retail has acquired Priyanka Chopra Jonas's global haircare brand Anomaly. This move expands Reliance Retail's beauty and personal...
- Paradise Biryani plans ₹100-crore fundraiseParadise Biryani plans to raise ₹100 crore. This funding will fuel aggressive expansion. The iconic Hyderabadi brand aims to open 100 new o...
- Quick-commerce, Nescafe coffee push and Ad spends: Inside Nestle India's growth playNestle India achieved its best quarterly results in ten years. This strong performance was fueled by significant volume increases across it...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- D2C brand Home Essentials raises $7.6 million in round led by 360 ONE AssetHome Essentials has secured $7.6 million in funding led by 360 ONE Asset, with support from India Quotient. The company will use the fresh ...
- JUST IN TIME raises Rs 80 cr to fund pan-India watch business expansionJUST IN TIME, an omnichannel watch retailer, secured Rs 80 crore from Ashish Kacholia and Lashit Sanghvi. The company plans to use the fund...
- D2C startup Wakefit records 24% jump in its FY24 revenueWakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel prese...
- Accel leads $18 million funding in omnichannel fashion brand NewmeNewme said it will use the funds to widen its omnichannel presence as well as invest in technology. The funding round saw participation fro...
- Fashion brand Beyoung enters physical retailing, eyes 300 storesBeyoung expands offline with first store in Bhilwara, Rajasthan, aiming for 300 outlets to increase GMV. H&M, Puma lead online sales. D2C m...
- IKEA to open its third store in Mumbai, at R CITY Mall“Mumbai is one of IKEA India’s most important markets. With IKEA R CITY, we will become more accessible to many more people in Mumbai with ...
- Tata-owned 1mg, PharmEasy go offline for omnichannel presenceTata-owned 1mg is set to open its first physical store in Gurugram next month while rival PharmEasy has started to expand across the offlin...
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