Breaking News
Swiggy likely to have lower public market valuation than Zomato: Elara Capital
Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from...
India’s apparel retail industry to continue growing with rising incomes and demand for affordable fashion: Centrum
India's apparel retail industry has reported a compounded annual growth rate (CAGR) of 10.2% over the past decade.͏M͏a͏r͏ket ͏͏͏D͏r͏iver͏s͏͏:Thi͏s ͏g͏row͏t͏͏h h͏as͏͏͏ ͏been ͏͏dr͏i͏v͏en ͏by...
ONDC cuts network partner incentives by over 80% ahead of festive season
Ahead of the festive season, the govt-backed Open Network for Digital Commerce (ONDC) has reportedly reduced the maximum incentive limit for its network participants...
Swiggy launches ‘Project Next’ to boost career growth for delivery partners and expand restaurant network
Continuing its expansion, foodtech giant Swiggy has launched Project Next, an initiative designed to offer career growth opportunities for its delivery partners and accelerate...
Modern Insulators acquires INR 5 Cr worth of Swiggy shares ahead of IPO
Modern Insulators, a listed manufacturer of porcelain insulators, is making a long-term investment of nearly INR 5 crore in Swiggy as the foodtech giant...
Myntra’s GenZ customer base doubles to 16 Mn in 2024
Lifestyle e-commerce platform Myntra has doubled its GenZ customer base to 16 million in 2024, up from over 8 million in mid-2023. This growth...
Hot condiments brand Kaatil secures seed funding for expansion led by Prajay Advisors
Kaatil, an Indian-chilli-focused hot condiments brand from Smerc Food & Beverages, has secured an undisclosed amount in seed funding. The round was led by...
Frendy plans expansion with 300 marts and 10,000 micro kiranas, targets INR 500 Cr revenue by 2026
Grocery chain Frendy plans to open 300 new marts and achieve INR 500 crore in revenue by 2026, capitalising on the growing consumer shift...
Quick commerce players ramp up 24×7 deliveries to meet festive season demand
Quick commerce platforms are ramping up their 24x7 delivery services for the festive season to meet consumer demand around the clock, executives said. This...
Taj Hotels becomes first Indian hospitality company to achieve INR 1 Lakh Cr market cap
St͏art͏ing ͏w͏i͏t͏h͏ a da͏i͏l͏y ͏ra͏t͏e of͏ IN͏R 6 ͏in 1͏903 at i͏ts͏ ͏in͏a͏ug͏ural͏ M͏umb͏ai (then B͏ombay) prop͏e͏r͏ty, Tat͏a G͏r͏oup͏’s ͏Taj͏ Ho͏tel͏s ͏h͏a͏s ͏now ͏achi͏eved...
Value fashion retailer Citykart gears up for festive season with 25+ new store openings
Gurugram-based value fashion retailer Citykart has unveiled more than 25 new stores across Uttar Pradesh, Bihar, Jharkhand, Assam, and Odisha, gearing up to serve...
Swizzle eyes Southeast Asia for next growth phase, set to launch in major markets by 2025
Swizzle,͏ India’s͏ ͏l͏e͏͏adi͏ng p͏r͏e͏mi͏um ͏n͏at͏ur͏a͏l ͏mo͏ckt͏a͏͏il b͏ra͏nd,͏ ͏has͏ ou͏͏tl͏i͏ned͏ ͏bold͏ ͏plan͏s ͏͏for inte͏͏͏rna͏tion͏a͏͏l exp͏an͏sio͏n, ͏͏͏ta͏rge͏͏ting ͏Sou͏the͏͏a͏st Asia͏͏. ͏T͏he b͏͏rand aims to ent͏͏͏er͏͏ ͏S͏i͏͏nga͏po͏re͏, Ma͏la͏y͏͏s͏i͏a͏͏͏,...