Companies News

Dunzo Seeks Additional Funding From Reliance Retail Amid Fundraising Challenges

According to the reports, Dunzo, a cash-strapped startup, is seeking an additional Rs 164 crore (approximately USD 20 million) from Reliance Retail, it’s largest shareholder. This request comes after Dunzo fell short of its target of raising USD 75 million through the issuance of convertible notes. In April, Dunzo managed to raise only USD 45 […]

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Companies Interviews News

Local Dhobis Retain Lion’s Share Despite Organised Players Gaining 5% Laundry Market Share

The Laundry Industry is expected to reach USD 70 billion at a compound annual growth rate (CAGR) of 6-7 per cent year-on-year (YoY)  basis and yet the industry is highly unorganised and it is dominated by the local dhobis because people don’t have options, however, this scenario is changing,  Anurabh Sinha, CEO of UClean in […]

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Companies E-commerce & Marketplaces News

NimbusPost, Recur Club Partners To Provide Financing For Ecommerce Sellers

NimbusPost, a tech-enabled logistics service provider, recently announced an alliance with Recur Club, an alternative financing platform. This partnership will provide financing options to NimbusPost’s clientele base of more than 80,000 ecommerce sellers and D2C brands for their marketing and inventory spending, allowing better cash flow. According to the company, eligible ecommerce sellers on the […]

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Electronics Interviews News

Hammer Electronics Sets Revenue Target of 100 Cr, Targets US Market With Expansion Plans

Hammer, an athleisure tech brand that appeared on the first season of Shark Tank, has seen extraordinary growth and success post getting a deal on the show. In an exclusive conversation with BW Retail World, the company’s founder & chief operating officer (COO), Rohit Nandwani revealed that at the time of the brand’s episode airing, […]

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