After the pandemic, the sleep industry in Kolkata has seen remarkable growth, with experts anticipating a further 30% increase in the next two years, thanks to the booming real estate sector. This surge is attributed to the city’s contribution of 50% to the organized sleep market in eastern India, as more people are investing in …
Kolkata sleep industry may see 30% growth in 2 yrs Read More »
Private labels have become a powerful vertical for retail giants looking to maximise profits and capture more users. From Future Group to Shoppers Stop and Aditya Birla Group to new-age companies such as Amazon, Flipkart, Myntra, and Nykaa — most scaled up players have jumped on the bandwagon. And now Reliance Retail-owned Tira is going …
Reliance Retail’s Tira Beauty launches new private label brand Read More »
Shoppers Stop has inaugurated its first store in the northeastern city of Shillong in Meghalaya. The store located at MG Road, Secretariat Hills will house over 500 domestic and international brands across categories. The company stated that this store will offer premium brands and the best experience to customers, making it the go-to destination for …
On their 26th Founder’s Day celebration, Mufti, the homegrown menswear brand, has introduced its sub-brand 400050 – the first pincode in style. Pronounced Four Triple Oh Five Oh, the new sub-brand is all about the on-trend oversized fit catering to an ever-evolving Gen Z consumer. With the launch of this sub-brand, Mufti has added a …
Mufti Unveils 400050 Sub-brand for Gen Z Fashion Read More »
Ecommerce major Flipkart has clocked 1.6X year-on-year (YoY) growth in its grocery business in FY24, with more than half of deliveries being carried out using electric vehicles. As per the company, Flipkart Grocery saw maximum sales of daily essentials like oil, ghee and atta, and FMCG products like tea, coffee, detergents and personal care. Besides, the ecommerce …
Flipkart’s Grocery Biz Logs 1.6X YoY Growth, EVs Carried Out Over 50% Deliveries Read More »
Theatre chain PVR Inox experienced significant financial gains primarily through its food and beverage (F&B) business during the financial year 2023-2024.The growth rate of the F&B sector surpassed that of box office ticket sales. The revenue from the F&B business surged 21 per cent during FY24, while movie ticket sales saw a 19 per cent …
PVR Inox’s food and beverage revenue outpaced ticket sale in FY24 Read More »
The global athleisure market is booming, and India is a key player in this growth story. With a projected CAGR of 5.2 per cent, the Indian athleisure market is estimated to reach Rs 24,800 crore ($3.2 billion) by 2032,as per a new report by Allied Market Research. This growth is driven by several factors, including …
Rare Rabbit, a new-age men’s apparel and fashion brand is set to close its first-ever institutional funding round of Rs 500 crore. This significant investment round is led by A91 Partners, with notable contributions from Ravi Modi of Manyavar and Nikhil Kamath, co-founder of Zerodha. According to The Economic Times, this round marks a pivotal …
Rare Rabbit Sets a New Benchmark with Nikhil Kamath Read More »
At the arrival of Bandaranaike International Airport in Colombo, Indian tourists can be spotted in large groups making their way into the city. After facing its worst economic crisis two years ago, business seems to be picking up in Sri Lanka. The country has also become a new hotspot for Indian travellers and has emerged …
PhonePe launches cross-border UPI payments in Sri Lanka Read More »
Bharat Sanchar Nigam Limited (BSNL) has launched an indigenous 4G site in Ballygunge Telephone Exchange in Kolkata. In the coming weeks and months, the whole of Bengal is set to be covered with BSNL’s indigenous 4G network. The state-run telecom operator has been conducting trials in Punjab to test the capability of the homegrown technology. The …
