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Evok looking to open 25 franchise stores

The core vision of Evok is "to be the first choice partner of customers aspiring for Value for Style home interior solutions".

October 21, 2018  |  comments ( 0 )  | 

Gunjan Soni and Ananya Tripathi to exit Jabong-Myntra by December

Soni is going to work at Singapore-based online fashion company Zalora as its CEO while Tripathi will join global investment firm KKR as an operating partner.

October 17, 2018  |  comments ( 0 )  | 

Amazon eyes 7-8 percent stake in Future Retail

The cost of this potential cash-and-stock deal could be worth 25 billion rupees

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 )  | 

Aavishkaar invests Rs 40 crore in logistics company GoBOLT

GoBOLT, incorporated in 2015, focuses on disinter mediation and increased vehicle utilization by leveraging technology.

October 06, 2018  |  comments ( 0 )  | 

Future Lifestyle may acquire Indian arm of Pepe Jeans

Pepe Jeans India is a fully owned subsidiary of Barcelona-based Pepe Jeans Group, which counts LVMH-owned L Catterton and Lebanese investment firm M1Group as majority

October 03, 2018  |  comments ( 0 )  | 

Haier, Blackstone, Goldman Sachs may buy Videocon’s electronics business

The current market valuation of Videocon’s consumer electronics business stands at $2 billion.

September 26, 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 )  | 

Haier Announces Second Industrial Park in India

Signs MoU with the Government of Uttar Pradesh

September 08, 2018  |  comments ( 0 )  | 

Chennai-based Chai Kings gets Rs 2 crore funds

With the vision to be the favourite chai place, Chai Kings is expanding rapidly in Chennai with the target of 100 stores in 5 years.

August 31, 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 )  | 

Lifestyle plans to open 20 new outlets

Fashion retailer Lifestyle plans to ramp up its offline presence in the country with overall investment of Rs 200 crore.

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 )  | 

Kishore Biyani led Future Retail may get foreign investor

The proposed investment will be made based on a large database (nearly 500 million) the company has garnered over the years.

August 13, 2018  |  comments ( 0 )  | 

B2B startup ShopX bags $35 mn fund from Fung Strategic Holdings

Nandan Nilekani, leading entrepreneur and investor, backed ShopX from its early days with a personal investment of more than US$18 million in addition to providing

August 07, 2018  |  comments ( 0 )  |