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Fashion brand Virgio targets growth with house of brands strategy; plans expansion into offline retail
Virgio, the fashion-tech platform founded by former Myntra CEO Amar Nagaram, aims to establish itself as a leading house of brands by expanding into...
Starbucks opens new store in Pune, reaches 60 locations in Central India
US-based coffee chain Starbucks has opened its 24th store in Pune, 11 years after the city's first Starbucks opened, according to a company official...
Fashion sourcing and manufacturing platform PDS raises INR 430 Cr
PDS Ltd., a fashion sourcing and manufacturing platform for global brands and retailers, has secured INR 430 crore through a qualified institutional placement (QIP).PDS...
D2C brand Mokobara opens first store in Punjab
Travel and lifestyle brand Mokobara has launched its first store in Punjab, situated at Nexus Mall in Amritsar, according to a social media post...
abCoffee partners with Shoppers Stop to open coffee outlets in major cities
Tech-enabled grab-and-go coffee chain abCoffee has teamed up with department store chain Shoppers Stop to launch coffee outlets in Shoppers Stop locations across the...
FMCG maker Emami’s net profit jumps 36% in Q1 despite challenges in Bangladesh
FMCG maker Emami Ltd faced turbulence due to geopolitical tensions in Bangladesh last month, but CEO NH Bhansali indicated that the overall impact on...
Zomato unveils ‘Zomato for Enterprise’ to streamline corporate food expense management
Building on its series of innovations, foodtech giant Zomato has launched 'Zomato for Enterprise' (ZFE), a platform aimed at helping companies manage food expenses...
FMCG firm GRM Overseas acquires 44% stake in Rage Coffee
GRM Overseas, a listed FMCG, has acquired a 44% stake in Rage Coffee. This strategic investment will be in Swmabhan Commerce Pvt Ltd, the...
Amazon to launch quick commerce services in India by Q1 2025
Ecommerce giant Amazon plans to launch its quick commerce services in India by the first quarter of next year.According to an ET report, the...
Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand
Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow.These brands aim to...
Amazon launches AI-powered shopping assistant ‘Rufus’ in beta for Indian users
Ecommerce giant Amazon has introduced its AI-powered shopping assistant in beta mode in India.Named Rufus, the new AI assistant will respond to user queries...
Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy
High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks.The family office of Bollywood superstar Amitabh...