German incubator Rocket Internet, which runs a string of consumer internet companies in India, is in talks with Kishore Biyani-led Future Group for the sale of its online furniture retailer FabFurnish, said two persons...
Jewellery designer, Nirav Modi eyes expansion into global high street.
Nirav Modi, the only Indian jewellery designer to have featured in the auction catalogues of Sotheby’s and Christie’s, is looking at greater global expansion this year. After opening stores in Delhi, Mumbai...
PC Jeweller acquires WGC’s bridal gold jewellery brand ‘AZVA’.
PC Jeweller has acquired premium bridal gold jewellery brand ‘AZVA’ from the World Gold Council (WGC) for an undisclosed amount. In a filing to the BSE today, PC Jeweller Ltd announced the “acquisition...
Ratan Tata invests in retail technology startup SnapBizz
Tata Sons chairman emeritus Ratan Tata has invested an undisclosed amount in Bengaluru-based retail technology start-up SnapBizz. The company had announced a Series-A funding of $7.2 million led by Jungle Ventures...
Raymonds plans to raise Rs 100 crore.
Raymond is planning to raise Rs 100 crore from the market through private placement basis. The board of the company will meet on February 9 to consider the proposal, Raymond informed BSE. “A meeting of the...
Godrej & Boyce’s next phase of growth to ride on tieups
Manufacturing major Godrej & Boyce will look at acquisitions and collaborations to increase revenues 10-fold in the next 10 years. The Rs 10,000-crore major has set the ball rolling, acquiring a majority stake in...
Australia’s Wesfarmers takes DIY prowess to Britain with $1.2 bln deal
Australia’s biggest retail group Wesfarmers Ltd unveiled on Monday a A$1.7 billion ($1.2 billion) expansion into Britain’s hardware sector, betting on an extension of the DIY craze that turned its Bunnings...
Goldman Sachs picks 50 per cent stake in Amber, deal values company at Rs 1,200 crore.
Goldman Sachs PE is picking up 50% stake in Amber Enterprises, one of India’s largest white goods makers. The international private equity fund will pay Rs 220 crore to existing PE investor Fairwinds Private...
Walmart plans tie-ups with online retailers
American retail major Walmart is learnt to be exploring ways to tie up with leading e-commerce companies in India, including Flipkart, Snapdeal, ShopClues, Grofers and Bigbasket, to tap the growing online retail...
Hypermarket chain Spencer’s Retail acquires ecommerce startup MeraGrocer to foray into online sales
KOLKATA: Hypermarket chain Spencer’s Retail has acquired ecommerce startup meragrocer.com to foray into online sales, signalling consolidation in India’s retail landscape and mirroring a trend in developed...
Hypermarket chain Spencer’s Retail acquires ecommerce startup MeraGrocer to foray into online sales
KOLKATA: Hypermarket chain Spencer’s Retail has acquired ecommerce startup meragrocer.com to foray into online sales, signalling consolidation in India’s retail landscape and mirroring a trend in developed...
