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 […]
Super Saravana Stores, a retail chain is all set to enter the ecommerce world with the launch of its new shopping application, Superssmart; on 18 September 2023. According to the company, the app is designed to offer shoppers the ‘ultimate online shopping experience’ and will be available for download on the App Store and Google […]
Alibaba Group Holding, the Chinese ecommerce company has informed Turkish President Tayyip Erdogan of its intentions to invest USD 2 billion in Turkey. This announcement was made during a meeting between Erdogan and Michael Evans, President of Alibaba, according to the company’s Turkey Unit’s statement, however, the statement did not specify a timeline for the […]
Pilgrim, a direct-to-customer (D2C) personal care brand, has announced the expansion of leadership with the appointment of two new team members to accelerate omnichannel strategy and footprint in the brick-and-mortar model. Anirudh Likhite has been appointed as Vice President-Supply Chain and Procurement and Nilesh Kambli as the Senior Vice President-Customer Experience. In their new role, […]
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]
Indian micro, small and medium enterprises (MSMEs) contribute around 30 per cent to India’s gross domestic product (GDP), constitute nearly 40 per cent of total exports and provide employment to about 11 crore people; more than half of them are located in rural India. Despite challenges, the sector is the backbone of the nation’s economy. […]
On a recent Friday, Bata India issued a statement addressing speculations about their “strategic alliances and partnerships,” which arose following reports suggesting discussions with Adidas regarding a potential partnership for the Indian market. Yesterday, a media house cited insider sources indicating ongoing talks between Bata India and Adidas for a partnership deal. These discussions seem […]
Flipkart, the ecommerce marketplace, joins hands with the government of Gujarat on National Handloom Day through a Memorandum of Understanding (MoU) with the Commissioner of Cottage & Rural Industries, Government of Gujarat, under the Flipkart Samarth program. The MoU aims to digitize local businesses that focus on the development of the crafts in every district […]
The Central government is expected to come out with the much-awaited draft of the e-commerce policy. Union Commerce Minister Piyush Goyal on Wednesday held the final round of consultations with industry representatives from Amazon, Flipkart, Tata Digital and more. Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade […]
Sangeetha Mobiles, a multi-brand retail chain of mobiles and electronics, has joined the Open Network for Digital Commerce (ONDC). They have joined as a seller through SellerApp, which is a Marketplace Seller Network Participant on the ONDC Network. With the help of SellerApp, Sangeetha Mobiles’ catalogue including mobiles, laptops, accessories etc. is now discoverable by […]
