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Fashion retailers slash discounts amidst subdued demand and low inventory

Leading fashion and apparel retailers are adjusting their discount strategies amidst subdued demand and significantly reduced inventory levels, as stated by chief executives. This...

Gopal Snacks raises INR 194 Crore from anchor investors ahead of IPO launch

Gopal Snacks Ltd announced that it secured INR 194 crore from anchor investors, just before launching its initial share sale. The Rajkot-based company has...

D2C brands biggest disruptions to FMCG players, says Marico Founder Harsh Mariwala

Harsh Mariwala, the Founder of Marico, believes that Direct-to-Consumer (D2C) brands are the primary disruptors of FMCG companies.“Entry barriers in terms of distribution, and...

Zepto Pass hits 1 Million subscribers within a week of launch

Zepto, the quick-commerce unicorn, stated that its membership programme Zepto Pass has attracted one million sign-ups within one week of its launch.Taking to social...

Antfin Singapore mulls selling 2% stake in Zomato for INR 2,800 Cr amid surging share prices

Amidst a notable surge in Zomato's share prices, China's Ant Group's arm, Antfin Singapore Holdings, is reportedly considering selling off up to a 2%...

Fenty Beauty by Rihanna set to make Indian debut through Nykaa partnership

Cosmetics brand Fenty Beauty by Barbadian singer and businesswoman Rihanna will enter the Indian market with fashion and beauty retailer Nykaa, the Mumbai-based company...

BigBasket aims to turn profitable in 8 months; eyeing IPO in 2025

BigBasket, the Tata group-owned online grocer, is eyeing to come out with an initial public offering in 2025 after turning profitable, a top official...