The proposed investment is expected to support the company’s retail expansion plans, including the rollout of up to 500 Bergner Galleries across India.
The new outlet at Felix Plaza aligns with TASVA’s strategy of creating experience-led retail spaces while strengthening its presence among wedding shoppers and premium fashion consumers in North India.
Customers at the new store will have access to a selection of quality-verified pre-owned two-wheelers, along with financing options through DriveX Finance.
The Faridabad-based startup’s latest move adds to its international growth strategy as it continues to expand beyond traditional overseas destinations often preferred by Indian businesses, including the UAE and Singapore.
The launch comes as retail and mixed-use developments continue to strengthen their food and beverage portfolios to increase consumer engagement and footfall.
HOAC Foods India Limited has taken a significant step in its expansion journey with the launch of its first retail outlet outside Delhi NCR. The company has opened a new store in Bhopal, Madhya Pradesh, marking an important milestone
Jewellery retailer Joyalukkas has strengthened its footprint in Telangana with the launch of a new showroom in Hyderabad’s rapidly developing Kokapet locality
The new store offers a curated portfolio of international and Indian premium fashion labels across categories including apparel, footwear, accessories, and lifestyle products.
The company said the expansion is aimed at tapping rising demand for premium fragrances in emerging cities, where consumer interest in organised retail and luxury personal care products continues to grow.
The company said Milano7 Studio has been developed as a neighbourhood-focused salon model offering hair, skin, and grooming services for families and everyday consumers.
Contemporary Indian menswear brand Tasva has expanded its retail presence in Bengaluru with the launch of a new store on New BEL Road, reinforcing the brand’s growing footprint in one of South India’s prominent fashion and lifestyle markets.
Leading jewellery retailer Tanishq has expanded its retail footprint in Tamil Nadu with the opening of a new store in West Tambaram, Chennai, reinforcing the brand’s growing presence in one of its key southern markets.