Franchise Business Opportunities In India

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sellers and offer affordable products to consumers. Lower commissions reduce operating costs for merchants, enabling competitive pricing for buyers. Online shopping is rapidly growing in tier two and smaller markets across India. This shift focuses on capturing new customers from non-metro regions for future growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/amazon-flipkart-slash-fees-as-battle-for-smaller-cities-intensifies/132762583

Zepto is seeking Rs 1,000 crore in pre-IPO funding, delaying its public listing plans. The quick commerce startup is targeting a valuation of $4-4.5 billion for this investment round. This valuation is over 30% lower than its previous $7 billion valuation. Zepto aims to close this funding round within a couple of weeks. The company is also likely to trim its original IPO issue size. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/zepto-delays-listing-looks-to-raise-rs-1000-crore-in-funding/132757868

Modi Illva is investing Rs 150-200 crore to build a new malt distillery. This expansion will also increase capacity and launch new flavored vodkas. The company is also entering newer spirit categories as demand rises. Modi Illva aims to strengthen manufacturing and deepen premiumization strategies. This investment supports their long-term brand building and market expansion plans. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/modi-illva-earmarks-up-to-rs-200-crore-for-malt-distillery-as-premium-spirits-maker-expands-portfolio/132754201

Devyani International has achieved a quarterly profit surge, nearly quadrupling thanks to robust sales performance. As the operator of KFC and Pizza Hut in India, the company recorded a consolidated net profit of 146.5 million rupees, highlighting a dramatic improvement in its fiscal health compared to the previous year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/pizza-hut-india-operator-q1-profit-jumps-nearly-4x-on-higher-sales/132706250

Radico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company's operational revenue rose by thirteen point two two percent, totaling Rs 5,867.69 crore. This quarter marks a record for the company's volume, top-line revenue, and profitability, significantly driven by a thirty-five point eight percent increase in Prestige and Above brand sales. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/radico-khaitan-q1-results-profit-jumps-76-to-rs-229-crore-revenue-up-at-rs-5867-crore/132697797

Sinha will assume charge on August 3, succeeding Amitesh Jha. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/instamart-names-former-myntra-chief-nandita-sinha-as-ceo-amitesh-jha-exits/132677984

The pricing is still indicative and will include lifetime access to Temple’s software platform. Buyers will also receive a lifetime supply of the adhesive tapes used to attach the pebble-shaped device to the side of the forehead, near the temple, the people said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/goyals-temple-eyes-500-mn-valuation-prices-first-wearable-at-around-rs-80000/132674433

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/brands-see-strong-consumer-appetite-this-festive-season-despite-war-led-woes/132651921

Backed by $9 million in seed funding, the food retail startup is betting on private labels, in-store food experiences and its own app as it looks to build a premium grocery business. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/freshterra-enters-premium-grocery-retail-plans-5-stores-by-march-with-omnichannel-play/132600875

"Food delivery is another customer use case within our broader e-commerce platform. We will begin with a pilot, learn from it, and decide how to scale across the rest of the country. We will always come with a solid value proposition and innovate as we go along," Flipkart Group CEO Kalyan Krishnamurthy told TOI in an interview but did not disclose the details. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/flipkart-to-enter-food-delivery-space-in-a-month/132596069