Future Lifestyle to raise Rs 300 crore
BY - Vaishnavi Gupta
Assistant Editor, IndianRetailer.com & Retailer Media May 03, 2014 /
/ 1 MIN READ
Assistant Editor, IndianRetailer.com & Retailer Media May 03, 2014 /
17
Kishore Biyani-led Future Lifestyle Fashions plans to raise Rs300 crore and utilise the funds for its expansion as well as reduce a portion of its debt.
Media reports also indicate that the funds would be raised via selling shares to a group of investors including the promoter family.
Future Lifestyle currently operates more than 4 million sq ft of retail space.
Also Worth Reading
With the market on track to hit a jaw-dropping $61.3 billion by FY 2027, growing at a blistering 38 percent CAGR, D2C is rewriting the rules of Indian commerce!
Discussion with Ravi Hudda, Chief Technology Officer, Raymond, we delve into how the company is embracing the future.
Unlike traditional fabrics, smart fabrics can sense, react, and adapt to diverse external stimuli. With the integration of conductive materials, sensors, and microelectronics, smart fabrics boast endless possibilities.
Artificial intelligence has the potential to replace traditional retail in its current form by predicting what customers will buy in the future, cutting down costs and bringing an unprecedented level of efficiency and convenience.
Explore By Industry
Copyright © 2009 - 2024 Franchise India Holdings Ltd