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OYO expects EBITDA to cross INR 2,000 Cr in FY26 with Motel 6 acquisition
OYO, the IPO-bound travel tech platform, expects its EBITDA to hit INR 2,000 crore in 2025-26, largely driven by the American budget hotel chain...
Export of gems and jewellery falls over 18% in August due to global consumption slowdown
The exports of gems and jewellery from India in August declined by 18.79% to USD 2,012.51 million,͏͏ compared͏͏ to͏͏ USD͏͏ 2,478.23͏͏ million͏͏ in͏͏ the͏͏...
Unicommerce strengthens sales and marketing teams with new senior directors
Enterprise tech startup Unicommerce has bolstered͏͏ its͏͏ leadership͏͏ team͏͏ with͏͏ two͏͏ new͏͏ appointments͏͏ to͏͏ accelerate͏͏ growth͏͏ in͏͏ the͏͏ e-commerce͏͏ enablement͏͏ sector.The͏͏ company͏͏ has͏͏ enlisted͏͏...
Retail sales grow 2% YoY in August 2024: RAI Survey
Retail sales in August 2024 recorded a moderate increase of 2% compared to the same period in August 2023, according to the latest edition...
Arvind Fashions plans aggressive expansion for US Polo Assn in India, targeting INR 5,000 Cr in sales
Arvind Fashions Ltd aims to aggressively expand its casual lifestyle wear brand, US Polo Assn., in India,͏͏ prioritising͏͏ store͏͏ expansion͏͏ and͏͏ marketing͏͏ investments.͏͏ As͏͏...
Amrut unveils world’s first 100% jaggery distilled single rum ‘Bella’
Amrut Distilleries, a leading player in the spirits industry, has unveiled Bella, the world’s first 100% jaggery-distilled and matured single rum. Made͏͏ from͏͏ nutrient-rich͏͏...
ITC Sunfeast Baked Creations expands with first cafe in Bangalore
ITC Sunfeast Baked Creations, known for its success in the food delivery market with its popular Croissants and Pull-Apart Bagels, has introduced its first...
Apparel brand Dockers expands in India with second retail outlet
California-based casualwear brand Dockers has opened its second retail store in India, situated in Dehradun, according to Ace Turtle,͏͏ the͏͏ technology-driven͏͏ retail͏͏ company.Ace͏͏ Turtle͏͏...
KLF Nirmal Industries eyes INR 260 Cr revenue with new coconut-based innovations
KLF Nirmal Industries, an 80-year-old family-run business specialising in coconut oil and coconut products, is setting its sights on a revenue target of INR...
Baskin Robbins reaches 1,000-store milestone across India and SAARC region
Baskin Robbins, the American multinational ice cream and cake chain, has͏͏ reached͏͏ the͏͏ milestone͏͏ of͏͏ 1,000͏͏ outlets͏͏ across͏͏ India͏͏ and͏͏ the͏͏ South͏͏ Asian͏͏ Association͏͏...
Optimistic Capital unveils INR 200 Cr fund to fuel growth in microbrewery sector
Bengaluru-based alternative investment firm Optimistic Capital has launched its first fund of INR 200 crore (approximately $23.9 million) to focus on investments in India’s...
Fashion brand Virgio expands into offline retail with Broadway partnership
Bengaluru-based fashion brand Virgio has strengthened its offline footprint by collaborating with Broadway,͏͏ a͏͏ multi-brand͏͏ retail͏͏ outlet.Commitment͏͏ to͏͏ Sustainable͏͏ Fashion:“At͏͏ Virgio,͏͏ our͏͏ goal͏͏ has͏͏...