This launch is in line with the company's vision to expand its market presence across different market tiers, by launching 100 stores before the end of this financial year.
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With this launch, India's leading omni-channel jeweller now has 25 stores in the southern region and 81 in India.
Presently, Purplle provides a wide assortment of 47,500 SKUs across 1,000+ third-party and owned brands.
The company is planning to pump in 25 crore for the next phase of expansion.
Earlier in 2019, Vasudev was promoted to Senior Vice President at Flipkart.
Farhan Akhtar launches Nutrilite Madhunashini, Shunti & Twak and Nutrilite Vasaka, Mulethi & Surasa to support glucose and respiratory health respectively.
Now, about 25 Indian designerwear labels likeRitu Kumar, Masaba Gupta, Namrata Joshipura and Gopi Vaid will sell premium women's apparel on the platform.
'Fastrack Perfumes' collection comprises 7 different perfumes, including Trance, Beat & Pulse each for men and women and a signature unisex offering Solo, in tune with the concept of gender fluidity.
Spread over 50,000 sq ft, the store will cater to the business needs of underserved small businesses like kiranas/resellers, offices & institutions (O&I) and hotels, restaurants and caterers (HORECA) of the region.
Apart from this, TTK Prestige is planning to expand its distribution network further and expecting higher sales from fast-growing online channels.
With this agreement, Chhetri has now joined the list of global players such as France's Antoine Griezmann, Belgium's Romelu Lukaku, Uruguay's Luis Suarez and Argentina's Sergio Aguero among others.
With this expansion, Grofers eyes to offer million more people access to affordable groceries.
Retail expansion is on a steady dedicated rise in Tier-2 and 3 cities, catering to around 68% of India's population.
Under its grand multicity multi-store expansion plan, the company aims to add about 100 stores (operational) by December 2020.
Pradeep Parameswaran, President for Uber India and South Asia, DilipKhandelwal, MD and Head of Technology, Deutsche Bank, and Suhail Sameer, CEO at RP-SanjivGoenka Group (FMCG) have also participated in the round in personal capacity
SponsorChampz, an Artificial Intelligence enabled platform for Athletes and Influencers,gainedan undisclosed amount in Pre Series A funding from a pool of HNIs from Delhi and Mumbai.
Tupperware is looking at launching more than 30 Exclusive Brand Outlets within the current year.
This marks the company's foray in the fast-emerging Internet of Things (IoT) segment.
The jewellery company started selling men's accessories from its stores in 2015.
India's first pre-owned luxury car dealer is all set to charm the South Indian auto industry.
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