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Ola raises Rs 150 crore from Flipkart's Co-Founder Sachin Bansal

As part of the latest round, Bansal has bought 70,588 preference shares at a price of Rs 21,250 a share.

January 15, 2019  |  comments ( 0 )  | 

Lighthouse invests INR 250 crores in footwear brand Aqualite

Other portfolio companies of Lighthouse include laminates maker Stylam Industries, QSR chain Wow! Momo and value retailer V2 Retail.

December 04, 2018  |  comments ( 0 )  | 

White Goods makers to promote Make in India move

The government’s Make in India initiative is meant to encourage investments in manufacturing and generate more jobs.

November 22, 2018  |  comments ( 0 )  | 

SoftBank all set to invest $450 million to Delhivery

After this transaction Gurgaon-based Delhivery will value over $1 billion.

November 22, 2018  |  comments ( 0 )  | 

Ecommerce to contribute 11% of FMCG sales by 2030: Nielsen

Presently e-commerce accounts for 1.3% of the total FMCG sales and it is gaining traction very fast.

November 15, 2018  |  comments ( 0 )  | 

Nestle eyes 3 per cent sales growth

Food group Nestle confirmed it wants to grow sales by around 3 per cent this year after strong trading in North America and China pushed up underlying sales in the third

October 18, 2018  |  comments ( 0 )  | 

Paytm may acquire UCWeb’s India biz

UC Browser has a strong foothold in Vietnam, Indonesia, Russia and its home turf, China.

October 12, 2018  |  comments ( 0 )  | 

Samsung opens its largest store in India

Samsung Electronics Co Ltd has opened its biggest mobile store in the world in India as the part of strategy to take lead position in the world's second-biggest

September 12, 2018  |  comments ( 0 )  | 

Samsung opens its largest store in India

Samsung Electronics Co Ltd has opened its biggest mobile store in the world in India as the part of strategy to take lead position in the world's second-biggest

September 11, 2018  |  comments ( 0 )  | 

Counfreedise Retail Services ties up with Circle Tech

Counfreeside and HongKong Circle Tech pave the way for China's entry into Indian retail directly.

August 27, 2018  |  comments ( 0 )  | 

Mitashi mulling doubling sales to Rs 1,000 crore in 3 yrs

Homegrown consumer durables firm Mitashi aims to double its turnover to Rs 1,000 crore over next three years as the part of growth strategy.

August 20, 2018  |  comments ( 0 )  | 

ShopClues raises US $16 million

The company is expecting break-even by upcoming festive season.

August 13, 2018  |  comments ( 0 )  | 

Gome yet another Chinese brand plans to foray India

Gome Electronics India which is a fully-owned subsidiary of Gome Telecom Equipment, part of the Hong Kong listed Gome Retail Holdings has over 1,700 stores in China.

August 10, 2018  |  comments ( 0 )  | 

US payment firms, Paytm face off in data storage debate

The Reserve Bank of India (RBI) in April directed payment firms to store data locally for “unfettered supervisory access” a move companies such as Visa, Mastercard

July 25, 2018  |  comments ( 0 )  | 

Retailers Carrefour and Tesco join forces in a strategic alliance

The alliance, which will be formally agreed in the next two months, will exclude fresh food products, while each company will continue to work with supplier partners at a

July 02, 2018  |  comments ( 0 )  |