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Perpule Raises $4.7 million in Series A to Fuel Omni-Channel Retail & Consumer Commerce in India

Perpule has raised $4.7 million in Series A led by Prime Venture Partners.

November 14, 2018  |  comments ( 0 )  | 

Indian food retail market may attract investment USD 827 bln by 2023: study

In line with Prime Minister Narendra Modis vision to double farmers incomes by 2022 the growth in India food processing industry in value terms is expected to be more

November 13, 2018  |  comments ( 0 )  | 

LOTS Wholesale Solutions expands its footprint in India

LOTS Wholesale Solutions commences its 2nd store operations in Akshardham, East Delhi

November 01, 2018  |  comments ( 0 )  | 

Majid Al Futtaim has announced an investment in Wadi Group which operates Wadi Grocery

Carrefour will become Wadi Grocery’s long term strategic partner for supplying food and non-food groceries

October 31, 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 )  | 

Foodpanda acquires Holachef

Foodpanda is looking to build deeper capabilities to cater diverse needs of millions of Indians by bringing different trusted offerings to enhanced food ordering

October 17, 2018  |  comments ( 0 )  | 

Amazon.in sees its biggest celebration everwith record sales across all categories

Customers from 99% pin codes place an order in just 4 days; over 80% new customers from small towns

October 16, 2018  |  comments ( 0 )  | 

Retail sector set to reach USD 1750 bn. by 2026: FICCI-Deloitte report

E-commerce is expected to grow at a CAGR of over 30% during 2016-21

October 10, 2018  |  comments ( 0 )  | 

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain

Samara acquired majority 51% in Kumar Mangalam Birla’s ABRL while Amazon's investment arm, Amazon.com NV Investment Holdings LLC, the balance 49%.

September 20, 2018  |  comments ( 0 )  | 

Baba Ramdev's Patanjali launches dairy products

The company expects to generate Rs 1,000 crore revenue by 2020

September 14, 2018  |  comments ( 0 )  | 

Amazon may pick up stake in hypermarket chain More

In the month of June this year Aditya Birla Retail (ABRL) has signed an agreement with private equity fund Samara Capital to sell its food and grocery retail chain

August 20, 2018  |  comments ( 0 )  | 

Haier Introduces Luxurious Glass Finish Side by Side Refrigerator in India

Haier a leading player in home appliances and consumer electronics segment has launched premium glass finish refrigerators in India.

August 18, 2018  |  comments ( 0 )  | 

Future Consumer Limited signs a strategic partnership with MaxWholesale

Future Consumer Limited has inked a partnership with MaxWholesale to bring its products to the neighbourhood grocery stores in Delhi NCR

August 14, 2018  |  comments ( 0 )  | 

Bosch, Siemens reduce washing machine, fridge prices by 7-8%

Lately, Centre had cut the GST rates from 28 per cent to 18 per cent on 15 items, including washing machine, fridge, laundry machines and food grinders.

August 03, 2018  |  comments ( 0 )  | 

Swiggy seeks investors attention to raise up to $500 mn Fund

Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.

August 03, 2018  |  comments ( 0 )  |