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Showing posts from August, 2025

House of Biryan raises Rs 32 cr in growth-round funding

With the newly raised capital, the company plans to accelerate expansion into Tier-1 cities in India, while also scaling globally New Delhi: Food-tech platform House of Biryan on Tuesday said it has raised Rs 32 crore in a growth-round funding from investors, including former India cricket captain MS Dhoni. The investment round saw strategic investment from Bestvantage Investments. There was also participation from Mohit Goyal (ex-CVC Capital) and Abhineet Singh (Al Siraj Holdings) among others, the company said in a statement. With the newly raised capital, House of Biryan (HoB) said it plans to accelerate expansion into Tier-1 cities in India, while also scaling globally. Its first international cloud kitchen recently opened in Dubai, with Australia, Japan, the UK, and North America next on the roadmap, the company added. HoB Co-founders Mohammed Bhol and Mikhail Shahani said, “This round fuels our ambition to scale from 22 kitchens today to 120-150 outlets over the next three ...

Suman Guha takes on dual leadership roles at Tata CLiQ & Tata Digital

Bengaluru: Tata Digital has strengthened its leadership bench with the appointment of Suman Guha as Chief Technology Officer (CTO) at Tata CLiQ , while simultaneously taking on the role of Vice President – Head of Synergy Tech, a dedicated technology unit within Tata Digital. His new responsibilities place him at the heart of the group’s strategy to integrate its diverse digital businesses and to accelerate the growth of its luxury e-commerce platform. Guha shared his enthusiasm for the new journey in a LinkedIn post on Wednesday, announcing his dual role with Tata Digital and Tata CLiQ. His Career Journey in Brief He is a seasoned technology and product leader with a proven track record of building and scaling digital ecosystems. Before joining Tata Digital, he served as Chief Product and Technology Officer at Reliance Retail , where he was instrumental in shaping the technology roadmaps of several consumer-facing platforms, including Tira, Jio, and Omni-RRL. Earlier in his ca...

Patel Retail garners Rs 43 cr from anchor investors

New Delhi: Supermarket chain Patel Retail Ltd on Monday collected over Rs 43 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. The investors participated in the anchor round included Chanakya Opportunities Fund, BNP Paribas Financial Markets, Maybank Securities, Beacon Stone Capital, Saint Capital Fund and Pine Oak Global Fund, according to a circular uploaded on BSE’s website. As per circular, the company allotted 17.04 lakh equity shares to investors at Rs 255 apiece, aggregating the fund raising to Rs 43.46 crore. The company’s IPO — a mix of a fresh issue of 85.18 lakh shares and an offer for sale of 10.02 lakh shares of promoters — will open for public subscription on August 19 and conclude on August 21. At the upper end of the price band, the company’s public issue is expected to fetch Rs 242.76 crore. The company’s shares will be available for subscription in the price band of Rs 237 to Rs 255 apiece. Proceeds from the fresh ...

FMCG segment seeing ‘consumer shift’ towards newer, regional brands: Honasa CEO Varun Alagh

After the latest June quarter results, large FMCG companies such as Britannia, Dabur, Marico and HUL have acknowledged competition from small regional brands New Delhi: The FMCG segment is witnessing a significant ‘consumer shift’ towards newer and regional brands, as consumers are increasingly seeking value and opting for localized preferences, Honasa Consumer Chairman and CEO & Co-founder Varun Alagh has said. Regional brands are giving tough competition to the large established players with their aggressive pricing and better margins for the distributors, impacting the growth of large brands in the industry. “Overall, there is a consumer shift happening towards newer brands, regional brands… as large FMCG (companies) are not growing as strongly,” Alagh told PTI. The new FMCG brands are younger with new propositions and are working on strong vernacular strategies, he said. After the latest June quarter results, large FMCG companies such as Britannia, Dabur, Marico, HUL, etc...

America’s Dave & Buster’s debuts in Mumbai, targets 15 new locations in 5 years

The Mumbai outlet will cover 22,000 sq. ft. of retail space and will be situated in Infinity Mall, Andheri West Bengaluru: Dave & Buster’s, America’s premier entertainment and dining destination, is making its Mumbai debut in collaboration with franchise partner Malpani Group , following its entry into the Indian market seven months ago, a top company official told IndiaRetailing. The upcoming outlet will span 22,000 sq. ft. of retail space and will be located at Infinity Mall, Andheri West . “Mumbai is a vibrant social and cultural hub, and Andheri offers a prime catchment with easy access from key neighborhoods like Lokhandwala, Santa Cruz, and Khar. This ensures a high-potential, dynamic audience and strong connectivity, making it an ideal starting point for us in the city ,” said Shreya Malpani , Director of the Malpani Group , during an exclusive interaction. This launch follows the success of the brand’s first outlet in India at Bengaluru’s Mantri Mall , whi...

How culture, connection & community redefine leadership in the D2C Era

In the age of hyper-personalised experiences and rising consumer consciousness, the Direct-to-Consumer (D2C) model is no longer just a disruptive trend; it’s the future of retail. But while this model was once driven by technology and supply chain innovation, its new engine of growth is more human: culture, connection, and community. These are not buzzwords; they are the new pillars of leadership in modern retail. Retail today isn’t about sales, it’s about significance. Traditional retail has long been seen as transactional, with price, product, and placement being the cornerstones. But D2C has fundamentally restructured the rules of engagement. The brands that thrive today are those that do more than just sell; they resonate. They don’t simply occupy shelf space; they occupy mental and emotional space. We’ve come to realize that sustainable growth isn’t just about acquiring customers; it’s about earning them, repeatedly. And that starts from within, with a leadership model that pri...

ABFRL Q1 net loss widens to Rs 234 cr

New Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday reported widening of consolidated net loss at Rs 233.73 crore for June quarter FY26. The company had posted a loss of Rs 214.92 crore during April-June quarter a year ago, according to a regulatory filing from ABFRL. Revenue from operations was at Rs 1,831.46 during the quarter as compared with Rs 1,674.22 crore a year ago. Revenue from ‘Pantaloons’ was at Rs 1,094.13 crore as against Rs 1,101.38 crore a year ago. Revenue from ‘Ethnic and Others’ segment was down to Rs 754.57 crore in the first quarter. Total expenses were at Rs 2,148.75 crore in April-June FY26. In the quarter, ABFRL completed the demerger of Madura business into a separately listed entity named Aditya Birla Lifestyle Brands Limited (ABLBL). ABLBL will have its lifestyle brands business as – Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear brands as American Eagle. It also has sportswear brand Reebok ...

Whirlpool’s Hitesh Jain on Rising Demand, IoT Integration & India’s Appliance Boom

New Delhi: In a candid conversation at IR Studio, Hitesh Jain, Global Strategic Sourcing Manager at Whirlpool Corporation, reflects on the evolving landscape of India’s consumer electronics and appliances market. From rising demand fueled by policy support to changing consumer preferences in refrigerators and washing machines, Jain outlines how brands are embedding IoT and AI to enhance product connectivity and serviceability. The post Whirlpool’s Hitesh Jain on Rising Demand, IoT Integration & India’s Appliance Boom appeared first on India Retailing . from India Retailing https://ift.tt/ijOEzYQ via IFTTT

5 Indian ultra-fast fashion brands winning real-time race

These D2C brands are turning over inventory at lightning speed, keeping low MOQs, budget-friendly prices, and syncing with the shifting likes of trend-savvy youth India first got a real taste of Western fast fashion with Zara setting the stage, followed by H&M , and then Forever 21 and Gap stepping in later. However, these global giants were a bit heavy on the wallet for the average Indian middle-class shopper.  The true game-changer arrived with online fast fashion. Players like China’s Shein and the UK’s Urbanic tapped into digital platforms to serve up ultra-trendy, wallet-friendly styles straight to the young and restless crowd. Though Shein faced a ban for a while, it made a comeback, now backed by Reliance Retail. Urbanic, meanwhile, launched its sister label Savana in India, specifically crafted for Gen Z, sticking to the same playbook. In recent years, a slew of homegrown brands have popped up riding this wave, all about lightning-fast inventory turns...

D2C fashion brand MyDesignation debuts in Bengaluru

Bengaluru: Kerala-based fashion and lifestyle brand MyDesignation is expanding beyond the state with its first store in Bengaluru. The new outlet, located on the popular 100ft Road in Indiranagar, is the brand’s fourth store overall. After successful stores in Trivandrum, Kochi, and Calicut, MyDesignation is bringing its unique design and customer-focused approach to one of India’s most vibrant retail areas. The 1,500 sq. ft. store features a bright yellow façade, an open floor layout, dynamic seating, and a wave-shaped ceiling design, offering shoppers a fresh and inviting experience. To celebrate its Bangalore debut, MyDesignation has created exclusive Bengaluru-themed carry bags, highlighting its local connection. Bengaluru is already the brand’s top online market in India, with thousands of customers living near the new store. The physical outlet will allow the brand to engage more directly with this growing community. “Launching our latest flagship store on Indiranagar’s 100...

Bata India Q1 net profit plunges 70% to Rs 52 cr

New Delhi: Footwear maker Bata India Ltd on Monday reported a 70 per cent decline in consolidated net profit to Rs 52 crore in the first quarter ended June 30, 2025, impacted by higher expenses amid sluggish consumption momentum and a high base effect. The company had posted a consolidated net profit of Rs 174 crore in the corresponding quarter last fiscal, Bata India said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 941.85 crore against Rs 944.63 crore in the year-ago period, it added. Bata India said during the quarter ended June 30, 2024, and year ended March 31, 2025, the board of directors of the holding company approved the sale of a freehold industrial land to an unrelated party for a consideration of Rs 156 crore. The sale deed has been executed and the total consideration has also been received on the same date. There is a gain on sale of the aforesaid land (net of related expenses) of Rs 133.95 crore, which has been disclo...

PVR INOX banks on good movie releases, OTT fatigue for profitability: MD Ajay Bijli

New Delhi: Cinema exhibitor PVR INOX is looking to build on the momentum of a strong first quarter, tapping new good movie releases and consumer fatigue with OTT as it seeks to return to profitability, according to its Managing Director Ajay Bijli. Having recorded a 12 per cent year-on-year growth in people visiting the company’s cinemas at 3.4 crore in the first quarter of this fiscal, despite a subdued April, the business has bounced back, Bijli told PTI. “We are obviously very happy that business has bounced back. We’ve always been very confident about the fact that Indian consumers will always consider going out and watching movies on the big screen as the number one form of entertainment,” he noted. Watching movies on the big screen will coexist with all the other formats of consuming content, Bijli added. Asked when the company expects to be in the black, Bijli said, “Normally, I don’t give any guidance…but all I can say is that the momentum is there, and all the movies that...

BlueStone Jewellery raises Rs 693 crore from anchor investors ahead of IPO

Proceeds from the fresh issue will be used to fund its working capital requirements and general corporate purposes New Delhi: BlueStone Jewellery and Lifestyle, which offers contemporary jewellery under its flagship brand ‘BlueStone’, on Friday raised over Rs 693 crore from anchor investors days before its initial public offering (IPO) opening for subscription. Institutional investors that participated in the anchor book included Amansa Holdings SBI Life Insurance Company, Nippon India Mutual Fund (MF), Goldman Sachs, Aditya Birla SunLife MF, HDFC Life Insurance Co Ltd, Societe Generale, DSP India MF, PGIM India MF, Axis MF and Motilal Oswal MF, according to a circular uploaded on BSE’s website. As per the circular, the company allocated over 1.34 crore equity shares at Rs 517 apiece to anchor investors aggregating the transaction size to Rs 693.29 crore. The issue, with a price band of Rs 492 to Rs 517 per share will be open for subscription on August 11 and conclude on August 13....

Marico aims double-digit growth in India biz from next quarter: MD

New Delhi: Home-grown FMCG maker Marico expects to deliver double-digit growth in the next one or two quarters in the domestic market, helped by its core franchises and expansion of new businesses, its Managing Director and Chief Executive Officer Saugata Gupta said. The company, which reported a 9 per cent rise in domestic volumes, now aims for a revenue growth of around 25 per cent this year, led by pricing actions, Gupta told PTI. “As far as overall revenue is concerned, we should be able to deliver in the mid-20s to around 25 per cent this year, given the pricing initiation,” he said. Marico, which owns brands like Saffola, Parachute, and Livon, has “consistently improved volumes in sequential terms, Gupta added. “This (June) quarter, India Volume growth was up 9 per cent. So, high single-digit volume growth is possibly a base case for us. We will attempt to deliver double-digit growth in one or two quarters, which would be a great thing to do,” he noted. While for its intern...

D2C fashion start-up MyDesignation targets Rs 100 cr in FY26, eyes UK, US, and UAE entry

This Kerala-born brand is now expanding its footprint across India, strengthening its team, enhancing tech integration, and laying the groundwork for global expansion MyDesignation , a Thiruvananthapuram-based fashion and lifestyle brand, stays true to its name by conveying personal expression through a blend of Kerala’s traditional art forms and global streetwear aesthetics. With the tagline ‘ Wear Your Vibe ’, what began as a passion project by a husband-wife duo has now grown into a brand serving over half a million customers worldwide, backed by a strong D2C strategy and eco-conscious sourcing. Now, with its first round of external funding secured, MyDesignation is expanding its footprint across India and exploring international markets through both online and offline channels. The Beginning Swaroop Krishnan and his wife Gopika Menon , Co-Founders of the brand, have always believed in self-expression through clothing.  “We were frustrated by the lack of expressive...

From Tracks to Trend: Decoding the Rise of Athleisure in Bharat

From factory floors to boardrooms, India is embracing athleisure, a style revolution where comfort meets everyday fashion Not long ago, tracksuits and sneakers were reserved for morning walks, gym sessions, or running errands. But today, you might see sportswear in offices, gym bags in college classrooms, and even at social gatherings. Welcome to the era of athleisure—a fashion trend that blends athletic wear with everyday style. What started as a global movement is now deeply rooted in India— India beyond Bharat . Athleisure is not just about a sporty appearance; it is about living a lifestyle that values comfort, health, versatility, and self-expression. As more Indians—especially from Tier 2 and Tier 3 cities—embrace fitness and fashion together, the athleisure segment is set for exponential growth. Development Engine: Fitness Function India is currently riding a fitness wave. From home workouts to yoga sessions in parks, from Zumba classes in small towns to marathon culture in ...

Tushar Dhingra launches Multiplex and Family entertainment Enterprise

Tushar Dhingra has taken on the role of  Founder and Managing Director at RAVE Cinemas India  and  Managing Director of PLAYAA  (Premium Family Entertainment Centre), marking the latest chapter in his three-decade career in India’s cinema and entertainment business. The appointment follows a strategic arrangement aimed at expanding the RAVE Cinemas brand within the country, with a focus on delivering modern, high-quality movie experiences to a broader audience. A Career Spanning Hospitality, Media, and Entertainment Dhingra began his professional journey in hospitality with early stints at the  ITC Maurya Sheraton  and the  Taj Group of Hotels , before earning an MBA in Marketing and Finance from the  Institute of Management Technology, Ghaziabad . In 1999, he joined  Warner Bros.  as Regional Head for North India, driving theatrical distribution and introducing Hindi dubbing for English films to broaden their reach. His tenure at...

Titan Q1 net profit surges 52.6% to Rs 1,091 cr

Its sales increased 21.2 per cent to Rs 14,814 crore in the June quarter of FY26 New Delhi: Leading jewellery and watchmaker Titan on Thursday reported a 52.58 per cent jump in its consolidated net profit to Rs 1,091 crore for the June quarter of FY26. The company had posted a net profit of Rs 715 crore a year ago, according to a regulatory filing by Titan. Its sales increased 21.2 per cent to Rs 14,814 crore in the June quarter of FY26. It was Rs 12,223 crore in the year-ago quarter. Total expenses of Titan climbed 22 per cent to Rs 15,148 crore in the June quarter. Its total income, which includes other income, rose 24.2 per cent to Rs 16,628 crore in the June quarter. During the period, Titan’s jewellery business increased 24 per cent to Rs 14,647 crore. In the jewellery business, it demonstrated “resilience despite an elevated gold price environment and challenging market conditions”, Titan said in its earnings statement. “The India business of Tanishq, Mia and Zoya (togeth...

Sirona founder Deep Bajaj buys brand back from Good Glamm, charts new growth strategy

In his second stint as Founder, Bajaj is reimagining Sirona with sharper priorities, building depth across intimate hygiene categories—not just scale… New Delhi:  After reacquiring his brand from the Good Glamm Group, Deep Bajaj, Founder and now ‘ReFounder’ of Sirona Hygiene Pvt. Ltd., is steering the femtech company into its next growth phase with a renewed focus on innovation, omnichannel accessibility, and category leadership in women’s intimate hygiene. Sirona, known for launching category-defining products like the PeeBuddy female urination device, menstrual cups, and intimate products, was acquired by the Good Glamm Group, a New Delhi-based personal care brand, in 2021. However, in an uncommon reversal, Bajaj took back control just months after stepping away—signalling a decisive new chapter for the company. “While the acquisition was a strong validation, I realised Sirona’s mission still had unfinished business,” Bajaj told IndiaRetailing. “We needed independence to build...

Seva Home opens first flagship store in Mumbai

Bengaluru: Luxury home fragrance and self-care brand Seva Home has launched its first-ever flagship store in Mumbai at Kala Ghoda area, a press release said on Thursday. The store houses the complete range of Seva Home’s offerings, including candles, reed diffusers, room and closet fresheners, and a newly launched line of luxe self-care products for body, hair, and hands.  “At Seva Home, we believe in creating a world where luxury meets purpose,” said Arushi Agrawal , Founder & Director of Seva Home . “Our flagship store is a physical expression of that belief — a peaceful sanctuary that encourages guests to slow down, explore their senses, and discover the power of intentional living.” Founded in 2021, Seva Home offers a curated range of soy wax candles, reed diffusers, and closet fresheners, alongside a luxe self-care range featuring sulphate- and paraben-free shampoo, conditioner, hand wash, hand cream, body scrub and shower gel.  Every product is hand-poured by ...

July drives retail growth with 155 openings, fundraises

Alongside this, the month recorded significant fundraises, IPO moves and strategic investments, indicating sustained momentum in the country’s retail, fashion and lifestyle sectors India Retailing Insights : In July 2025, more than 155 store openings, relaunches, format experiments, and renewals occurred for over 100 brands across India and select overseas markets. Alongside this, the month recorded significant fundraises, IPO moves and strategic investments, indicating sustained momentum in the country’s retail, fashion and lifestyle sectors, as per the data compiled by IndiaRetailing Insights. Offline expansion: widening reach and refining formats Retailers in July expanded into new geographies. North India led store openings, with brands moving beyond metro strongholds into tier II and III cities such as Jabalpur, Raipur, Dehradun and Pathankot. Premium and lifestyle labels, including House of Creed, Bewakoof, GANT and Reid & Taylor, added a mix of high-street, mall and excl...