Winni, the online gifting platform, has launched its premium range of chocolates to fulfill the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities. The company has sold Rs 75 crore worth of chocolates in the last 5 years which the sale from tier 2, and tier 3 has […]
Rebel Foods, the internet restaurant company on Tuesday announced a significant move to redefine the food experience for Indian consumers with the launch of Wendy’s all-new Flavour Fresh range of burgers, wraps, loaded fries & nachos. With the introduction of ‘Flavour Fresh,’ the brand is venturing into the gourmet range of burgers to provide customers […]
Pilgrim, a beauty and personal care brand has raised USD 20 million in Series B funding led by Vertex Ventures Southeast Asia and India along with existing investors Fireside Ventures & Narotam Sekhsaria Family Office. Currently, at Rs 300 crore ARR, the brand is committed to scaling to Rs 1000CR ARR by 2025. Commenting on […]
Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is considering an initial public offering (IPO) of the business in the second quarter of 2024, the news agency Reuters reported. Albwardy Investment, the 100 per cent owner of the franchise, has purportedly engaged Rothschild & Co to provide […]
Shein is taking steps to expedite shipping times for its customers in the United States by sending more low-priced apparel and home goods to its U.S. warehouses from China. This strategic move, revealed through data from the global trade analysis firm ImportGenius and exclusively shared with Reuters, aims to reduce the wait times that many […]
Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]
Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]
Ferns N Petals (FNP), the leading gifting brand in India, is considering the possibility of going public with an Initial Public Offering (IPO) by 2025, while also evaluating the prospect of securing additional funding in 2024, Vikaas Gutgutia, Founder & MD of the company told BW Retail World. “We are expanding,” said Gutgutia, “We probably […]
With Apple’s popularity and its prospering consumers, sales of the iPhone 15 have been estimated to grow by 100 per cent in comparison to that of the iPhone 14 series on the first day, according to a media report on Saturday. The high demand is attributed to the ‘made-in-India’ tag for iPhone 15 and iPhone […]
Amazon.in on Friday announced the launch of Multi-Channel Fulfilment (MCF) in India. With this launch, sellers including D2C brands, manufacturers and retailers from across industries can revolutionise their fulfillment operations and enhance their customer experience by leveraging Amazon’s pan-India presence, state-of-the-art fulfillment centers and logistics capabilities to handle customer orders received from wide range of […]
