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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 )  | 

Flipkart Launches ‘Flipkart Supermart’, Its Online Grocery Store

Flipkart has announced the launch of Flipkart Supermart its grocery store, in all major pin codes of Bengaluru with plans to expand to 5 - 6 major cities by the end of

August 10, 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 )  | 

Hershey India appoints Partha Gangopadhyay as Director Supply Chain

Partha is a Post Graduate in Food Technology from Central Food Technological Research Institute, Mysore and he has rich experience of working with multinationals such as

July 25, 2018  |  comments ( 0 )  | 

Reliance to focus on last-mile delivery, customer experience for its e-com biz

The key focus for the company will be on speed and the ability to deliver the right products with minimum errors, the source said.

July 10, 2018  |  comments ( 0 )  | 

Reliance Retail may enter fashion wholesale biz

The new venture will fully focus on the growing fashion market in India, especially in small cities and towns. Reliance Retail having already consolidated its position in

June 29, 2018  |  comments ( 0 )  | 

Arvind to invest Rs 1,500 cr in 3 yrs to raise garment output

The company has listed states like Gujarat, Karnataka, Jharkhand and Andhra Pradesh for setting up of large factories which can employ 10,000 workers. The development

June 08, 2018  |  comments ( 0 )  | 

Report says retail sector has attracted Rs 5,500 cr PE since 2015

The steady increase in interest from private equity investment companies has propelled developers of retail malls to re-evaluate their portfolio to include of 3

May 23, 2018  |  comments ( 0 )  | 

Online Grocery Startup Milkbasket Raise $7 Mn Series A Round

In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.

May 22, 2018  |  comments ( 0 )  | 

Cookies Maker Britannia rejigs global sourcing to cut costs

The plant will produce cookies, biscuits and rusk, among other products. The company, which makes Good Day and Tiger biscuits, has 75 manufacturing facilities, including

May 16, 2018  |  comments ( 0 )  | 

Future Group Plans To Open 140 Exclusive Stores With Rs 350 Cr Investment

Out of these planned about 140 new exclusive stores, 40 will be opened in the current fiscal year.

May 14, 2018  |  comments ( 0 )  | 

Flipkart Won't Change Into Walkart: Doug McMillon

This time around, Walmart's choice in India is starkly different. While Flipkart has absorbed billions of dollars of investor money to rapidly grow its business, its main

May 10, 2018  |  comments ( 0 )  | 

Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart

Walmart's investment includes $2 billion of new equity funding that would help Flipkart to accelerate its growth pace amid stiff competition from Amazon, which is also

May 10, 2018  |  comments ( 0 )  | 

Snapdeal To Sell Unicommerce' Biz to Infibeam In Rs 120 Cr deal

Both the companies kept the deal a top secret and will hold a board meeting to get the deal approval, as per the sources.

May 07, 2018  |  comments ( 0 )  | 

Walmart India cuts losses by 27% in FY17

The company posted a loss of Rs 75 crore for FY17. It also witnessed a 10% revenue growth for the fiscal ending March 2017 as compared to previous 12 months.

May 07, 2018  |  comments ( 0 )  |