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Purplle revenue soars 43% to INR 679.6 Cr in FY24, reduces net loss by 46%
Purplle, the Mumbai-based beauty ecommerce marketplace, saw its revenue edge closer to INR 700 crore for the financial year ended March 31, 2024. The...
ONDC launches Saarthi to facilitate custom buyer apps for businesses
T͏h͏͏͏e͏ ͏g͏͏͏o͏͏͏ve͏rn͏m͏en͏t͏-supp͏o͏r͏͏t͏e͏d Open͏ Ne͏͏͏t͏w͏o͏rk for͏ D͏͏i͏gi͏t͏a͏l ͏Commerce (ONDC) h͏as launch͏ed͏ a ͏m͏ulti͏l͏͏in͏gual͏ r͏ef͏͏ere͏͏nce͏ ͏͏app͏l͏i͏c͏͏͏a͏tio͏n͏͏ ͏t͏o͏ help b͏u͏s͏iness o͏͏͏͏wn͏ers͏ ͏c͏reate͏ ͏th͏eir ͏͏͏͏o͏w͏n t͏a͏i͏l͏͏͏͏o͏͏red͏ bu͏͏y͏͏͏e͏r͏͏͏-si͏de͏ app͏s.The...
Socks brand Balenzia opens new store in Pune
Homegrown socks brand Balenzia has opened a new store at Pune International Airport, Lohegaon, marking its third outlet at an international terminal."We ar͏e thrilled...
Reliance Retail and Delta Galil form strategic joint venture to transform India’s apparel market
Reliance Retail Ventures Limited, a major player in the Indian retail industry, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd.,...
Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...
Gifting company Archies bets big on quick commerce platforms, plans global expansion
Archies, a leading gifts and greeting cards company, expects sales of INR 15-18 crore in FY25 through quick-commerce platforms such as Blinkit, Zepto, and...
ONDC appoints RS Sharma as non-executive chairperson
The Open Network for Digital Commerce (ONDC) has appointed Dr. R.S. Sharma as its Non-Executive Chairperson. This appointment is anticipated to drive the growth...
Ikea targets expansion in India with new investments and smaller store formats
Ikea, the global furniture retailer, is seeking new investments for its priority market, India, as it embarks on its second growth phase, according to...
Amway India to invest $4 Million in four new R&D labs to advance health and wellness innovation
Amway India, a direct selling company, has announced a $4 million investment in establishing four new research and development labs across India.͏Focus on͏ Healt͏h...
Footwear manufacturer Mochiko to double production capacity with INR 300-400 Cr investment
Abhishek Ganguly, ex-MD of Puma India, plans to double the production capacity of Mochiko, the B2B sports footwear manufacturer he acquired last year through...
Private equity firm Auréa acquires The Body Shop
Auréa, the growth capital firm co-founded by British cosmetics mogul Mike Jatania and investment expert Paul Raphael, has acquired the UK-based personal care brand...
Korean brand Daewoo enters home appliances segment to boost market share in India
Korean brand Daewoo has announced its expansion into the kitchen and home appliances sector in India, aiming to capture a larger share of the...