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LG India starts open cell manufacturing of TV at Pune plant
LG India starts open cell manufacturing

Consumer durable company LG India has started open cell manufacturing of televisions in India at its Pune facility with two models and plans to scale it up. Speaking to media agencies, Younchul Park, India director (home entertainment) LG Electronics   said, “How fast we can scale it up depends on market adoption. However, we want

July 17, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet
Amazon pumped Rs 230 crore into India

Global e-commerce company Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from Paper.vc. This comes within a few months of another investment of Rs 195 crore.  The latest funding has been routed through Singapore-based Amazon Corporate Holdings and Mauritius-based Amazon.com.incs. Amazon Corporate was allotted 23

July 17, 2018  |  comments ( 0 )  | 

Singapore based CCube Angels Network Invests in Inner Being
Singapore based CCube Angels Network

CCube AngelsNetwork, Singapore based angel investing network has invested in Inner Being Wellness Pvt.Ltd (hereinafter referred to as InnerBeing),a Nutri-food start up based out of Hyderabad.The start-up has received INR 35 million (SG $6,90,131) from partners, AtimKabra, Vipin Agarwal, Sandesh Pandhare and few others. Inner Being plans to use the funds raised in the current round for new product development, expansion in top tier citiesin

July 16, 2018  |  comments ( 0 )  | 

Amazon readies for Prime Day with blockbuster deals
Amazon readies for Prime Day with

Prime Day 2018 has been started from 12 pm today, offering 36 hours of shopping exclusively for Prime Members. Members can shop new launches and deals across categories includingsmartphones, fashion, consumer electronics, toys, appliances and more. Customers can visit www.amazon.in/primeday today to become a Prime member and avail Prime Day offers. “With Prime Day, we are excited to bring to our members over 200 exclusive launches,

July 16, 2018  |  comments ( 0 )  | 

Shoppers Stop betting big on omni-channel strategy
Shoppers Stop betting big on

Leading department store retailer Shoppers Stop is betting big on an omni-channel retail strategy as the part of strategy to grow its business and aims to be completely debt-free by the end of this fiscal.  "We believe that these exits (divestment) will serve in giving us the eagle eye focus required to significantly scale-up our core-businesses while also dramatically change our balance sheet and thereby increase

July 16, 2018  |  comments ( 0 )  | 

Now IKEA will launch its first store in India on August 9
Now IKEA will launch its first store in

New Delhi: Swedish furniture major IKEA has postponed the dates of opening its first store at Hyderabad by almost 20 days to August 9 as its needs some more time to fulfil quality commitments, said an IKEA official statement today. The company was scheduled to open its first store in India next week on July 19. "IKEA Retail India decided to move the date as it needs some more time to live up to its expected quality commitments towards

July 13, 2018  |  comments ( 0 )  | 

Panasonic India aims aggressive growth
Panasonic India aims aggressive growth

Kolkata: Panasonic India, the flagship company of Japanese electronics maker Panasonic in the country is eyeing aggressive growth this fiscal from its smart home appliance range. The company aims to grow at 40% this fiscal against the industry growth of 6%-7% in the Rs 11,800crore home appliance market. “The smart home appliance market in India is under-penetrated. Also with the increase in electrification in India, demand has soared. In a

July 13, 2018  |  comments ( 0 )  | 

Bosch Home Appliances partners with Amazon
Bosch Home Appliances partners with

New Delhi: Bosch Home Appliances, Europe’s home appliances brand is going to launch its new 6.5kg Asian Top Loader washing machine as well as Microwave, exclusively on Prime Day with Amazon India, the company said this in a statement today. “By joining forces, we can use our respective strengths to provide quality products to our customers across geographies and serve them better. Look forward to a super successful partnership with

July 13, 2018  |  comments ( 0 )  | 

Indias retail sales will cross $1,244.58 billion by 2018: ASSOCHAM-Resurgent study
Indias retail sales will cross $1,244.58

The total retail sales in India will likely to increase from the $717.73 billion during CY 2014 to touch $1,244.58 billion by 2018 as its growing at an impressive rate of about 15%, registering a double digit growth figure year after year, according to an ASSOCHAM-Resurgent India latest study.   In 2017, about 100 million consumers purchased online and the number is expected to cross 120 million by 2020 with the rise of digital

July 13, 2018  |  comments ( 0 )  | 

Jacqueline Fernandez and Mojostar unveil active wear brand Just F
Jacqueline Fernandez and Mojostar unveil

New Delhi: Bollywood actress Jacqueline Fernandez along with Mojostar have recently launched the Just F collection exclusively on Amazon Fashion. Just F will be available on Amazon Fashion for pre-booking on 16th July on the occasion of Prime Day with an official launch on 17th July. Comprising innovative, trendy, and stylish active-wear outfits for the modern Indian woman, the Just F collection offers over 100 styles on Amazon Fashion curated

July 12, 2018  |  comments ( 0 )  | 

Placio Acquires Paco Meals!
Placio Acquires Paco Meals!

In another strategic move Placio, Noida-based Student Housing Start-Up has acquired a subscription based food Start-Up Paco Meals- a subscription based food delivery system and raises US$50,000 seed funding for the new venture of food business. With this move, Placio will help Paco Meals with the technology, Placio’s captive audience, B2B partners in student housing market and scale pan-India. This takeover of Paco Meal provides Placio

July 12, 2018  |  comments ( 0 )  | 

Carrier and Toshiba unveil energy efficient hi-wall AC
Carrier and Toshiba unveil energy

New Delhi: Carrier today has announced the launch of energy-efficient and innovative air conditioning solutions from Carrier and Toshiba including the Toshiba inverter hi-wall- an energy efficient 1.5 ton hi-wall unit. Also introduced Carrier’s next generation inverter ducted units and Toshiba’s super modular multi system 7 (SMMS-7) variable refrigerant flow (VRF) system. Carrier, a global leader in high-technology heating,

July 12, 2018  |  comments ( 0 )  | 

LEGO partners with Amazon to bring back the iconic 'Taj Mahal'
LEGO partners with Amazon to bring back

New Delhi: One of the world’s leading toy brands, LEGO Group will re-launch their iconic product “LEGO Taj Mahal”, exclusively on Prime Day with Amazon India. Members can find 15 other new LEGO sets across themes like City, Classic, Friends, Duplo, Creator, Ninjago, Juniors, Architecture and Super Heroes in the Prime Day event starting at 12 noon on July 16th. LEGO Taj Mahal comprising of 5923 pieces will be available to

July 12, 2018  |  comments ( 0 )  | 

Replay signs agreement with Reliance brands to enter India
Replay signs agreement with Reliance

Leading Italian denim retailer Replay which operates in premium segment has announced its strategic distribution partnership in India with Reliance Brands Limited. The agreement has been signed with Reliance Brands Limited for the distribution of Replay apparel, footwear and accessories will start with a Spring-Summer 2019 collection.   Reliance Brands Limited will have the exclusive distribution rights to the Replay brand in the

July 11, 2018  |  comments ( 0 )  | 

Amazon India introduces one-of-a-kind Virtual Reality Experience for Prime Day
Amazon India introduces one-of-a-kind

For Prime Day this year, Amazon India will offer a one-of-a-kind virtual reality (VR) experience to customers in India’s top metros. Until July 17, customers in Bangalore, Delhi, Mumbai, Chennai and Kolkata can visit top malls to experience hundreds of new products launching exclusively on Prime Day.   Aimed at bringing the touch-and-try charm to online shopping, Amazon Prime Day Experience Zones will allow customers to

July 10, 2018  |  comments ( 0 )  |