Monday, September 25, 2023
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Outlook India
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Retail

New stores will open throughout the Fall in cities including Mumbai, Jakarta, Manila and Johannesburg and Shanghai, Beijing and Seoul in the Spring

Lok Capital and Sharrp Ventures led this funding round

The EV start-up company hopes to establish its base across 12 states in India

The real estate accelerator program received 150 applications from domains like robotics, alternate construction material, retail, plastic waste management and hospitality

Flipkart Wholesale hopes that its experiment with the fulfilment centre format in smaller Indian cities will help in pruning its costs and adding another layer to its omnichannel strategy

Interacting with products and services that have a three-dimensional representation in a virtual environment is highly appealing to customers who are showing a greater inclination towards this immersive experience

Neobrands will reportedly be a house of brands across multiple fashion categories, including everyday fashion, denim, athleisure and performance wear categories

Start-up investments in India witnessed a significant decline in Q1 2023 compared to the same period in 2022 due to a rise in interest rates and inflation

Mensa Brands cherry-picks digital-first entities from its 25-strong brand portfolio for an offline presence, to ensure long-term viability at both brand and corporate level

The international expansion in SEA markets will be backed by Kapture CX’s robust technology tools and establishing strong teams in Thailand, Vietnam and Malaysia followed by other SEA countries